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Austin Bookkeeping Hub
Austin Bookkeeping Hub
Providing Affordable and Professional Bookkeeping Services for Small Businesses in Austin Texas
Published Dec 6, 2023
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Insurance is a vital part of any business, as it protects you from unforeseen risks and losses. However, insurance bookkeeping also involves complex accounting transactions that need to be recorded and reported correctly. In this post, we will explain how to record insurance premiums and claims in your books, using simple examples and illustrations.
What are Insurance Premiums and Claims?
5 most important tips for recording insurance premiums and claims in your books:
Why is Insurance Bookkeeping Important?
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