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Accounts receivable skills are crucial for managing a company's incoming payments and ensuring that revenue is collected efficiently. These skills involve a mix of financial, organizational, and communication abilities. Strong accounts receivable skills help ensure that a business maintains a healthy cash flow, minimizes bad debt, and builds positive relationships with customers.

I’m familiar with QuickBooks Online! It's a popular cloud-based accounting software designed for small to medium-sized businesses. It helps with tasks like tracking expenses, invoicing clients, managing payroll, and generating financial reports. Users often appreciate its accessibility from anywhere with an internet connection, as well as its integration with various banking and financial institutions.

Critical thinking is the process of actively analyzing, evaluating, and synthesizing information to make reasoned judgments and decisions. It involves more than just accepting information at face value; it requires questioning assumptions, assessing evidence, and considering alternative perspectives.

Bank reconciliation is the process of comparing and matching the financial records of a company's bank account with the records maintained in its accounting system. The goal is to ensure that the two sets of records are consistent and accurate. This process helps identify discrepancies, such as missing transactions or errors, and ensures that the company's financial statements are accurate.

Financial reporting is a key feature that helps you keep track of your business’s financial health. It also helps in making decisions to all the profit and loss in the business.