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Incorporating accounting software at your child care center has distinct advantages for both your business and the families you provide care for daily. These advantages include gaining the ability to track family information, improving your bookkeeping, managing tuition payments, and maintaining your cash flow. Families can connect and pay tuition online directly from their brightwheel app using bank

If that fee is lower than your current projected interest payments, the savings will add up and you can apply them to student loan payments. Next, the normal balance of all the liabilities and equity (or capital) accounts is always credited. To increase the account, we will record it on the credit side, and to