Tag: accounting


Accounting For Your Online Business: What You Need To Know

As online shopping continues to expand and become the main source for many to purchase products and services, online businesses need to track their sales and stay on top of their finances. Whether an online business is new or well-established, it’s important to understand the finances behind the business, the

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What is the Difference Between Financial and Management Accounting?

While there are many similarities between Financial and Management accounting there are a few key differences that set them apart. The differences are predominantly centered around compliance, the audience, and typical accounting standards.    Financial Accounting Financial accounting is used to show the financial strength of an organization to its

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Changing Times for Business Owners

We know that there are non-stop changes happening for business owners right now. As the country slowly begins to reopen, there is much to keep track of. From business relief programs to changing guidelines for businesses, it’s easy to become overwhelmed. At Hylen, we are aware of how difficult it

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