The 8 Important Steps in the Accounting Cycle

Author: External Author | | Categories: Accounting

The eight-step accounting cycle is important to know for all types of bookkeepers. It breaks down the entire process of a bookkeeper’s responsibilities into eight basic steps. Many of these steps are often automated through accounting software and technology programs. However, knowing and using the steps manually can be essential for small business accountants working on the books with minimal technical support.

Original Article Source Credits:   Investopedia , https://www.investopedia.com/

Article Written By:  EVAN TARVER

Original Article Posted on:   Jan 12, 2021

Link to Original Article:  https://www.investopedia.com/ask/answers/050815/what-are-most-important-steps-accounting-cycle.asp

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