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The Practice Management Hub

Insightful strategies and tactics to grow your firm

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Article Practice Management
Subledger vs General Ledger: What’s the Difference? 

July 22, 2025
Article Practice Management
Chart of Accounts Explained: A Detailed How-to, Types & Example

Learn everything about the Chart of Accounts (COA): what it is, why it matters, how to set it up, and common mistakes to avoid.

July 22, 2025
Article Accounting Workflow
What Is Accounting Workflow Management?

Workflows help teams streamline their processes and keep things from falling through the cracks. Learn how to make the most of them to take your…

July 16, 2025
Customer Story Practice Management
How the 8-Person Payroll Restoration Team Manages 400+ Active Projects with Financial Cents

Shannon Ballman Theis is the accountant’s accountant. Other accounting firms run to her when they need help resolving their clients’ payroll problems with the IRS.…

July 15, 2025
Article Accounting Templates
Free Bank Reconciliation Template (Download) + Walkthrough Guide

Here’s a free bank reconciliation template + step-by-step guide to help you reconcile accounts accurately and efficiently every month.

July 14, 2025
Article Practice Management
What Are Liabilities in Accounting? Definition, Types, Formula & Examples

What are liabilities in accounting? We answer that question in this guide. Learn the definition, types, formula, and examples, plus how to record and track…

July 9, 2025
Article Practice Management
General Ledger Accounting Explained: Purpose, Format, and How It Works (+Free Template)

The general ledger links raw transaction data with high-level financial statements and analysis by organizing and summarizing the transactions. This article will show you how…

July 9, 2025
Article Practice Management
1,200+ Accounting Firm Name Ideas (+ Free Name Generator)

Explore 1,200+ accounting firm name ideas, organized by category, and use our free firm name generator to spark inspiration.

June 27, 2025
Article Practice Management
What are Assets in Accounting? Definition, Types & Examples Explained

What are assets in accounting? We answer that question in this guide. Learn the definition, types, and examples of assets, plus how to record and…

June 26, 2025
Article Accounting Workflow
The 11 Best Accounting Project Management Software in 2025

Here’s a list of carefully curated best accounting project management software tools in 2025 that help accounting, bookkeeping and tax firms get work done.

June 23, 2025
Article Accounting Workflow
Unlock Deeper Insights with Financial Cents’ Powerful New Reporting Features

We’re excited to introduce a powerful suite of new advanced reporting features in Financial Cents—built to give you the real-time insights you need to grow…

June 20, 2025
Article Practice Management
Double-Entry Accounting: What it Means and How to Use it

Learn what double-entry accounting means, why it matters for accuracy and compliance, and how to apply it effectively in your firm.

June 19, 2025
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