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Bookkeeping: Difference Between Cost and price

Bookkeeping: Difference Between Cost and price

From a bookkeeping perspective, is there a difference between cost and price? To understand the diffrence, we’ll talk about what happens when potential clients contact our bookkeeping service and ask us: “what is your hourly rate for bookkeeping?” By ascertaining the price (the hourly rate) they naturally asume that will tell them the cost of [...]

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