Accounting

Should you buy or lease the company car? Here are the pros and cons of each to help you weigh which is best for your needs.

Discover budget-friendly ways for small businesses to access expert financial guidance.

Discover how to boost sales and loyalty by offering multiple payment options.

Discover how accounting automation helps small businesses save time, reduce errors and improve cash flow.

Mathematical skills can determine financial success. Whether or not it comes naturally, here are tips to sharpen your ability.

Find out the definitions and see examples of fixed, variable and mixed expenses. Read on to learn how to save on these costs.

Learn what an audited financial statement is, why your business might need one, and how unaudited accounting reports differ.

You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.

These are the most important steps you can take to prevent payroll discrepancies and, if they do occur, how to fix them.

Find out the circumstances under which employers owe employees retro pay, how it differs from back pay, the tax implications and how to calculate it.

The triple bottom line uses a sustainability-based accounting method that prioritizes people, profit and planet. Here's how businesses utilize it.

Calculating your business's value accurately is crucial if you want to sell it or seek investors. Learn four steps for calculating your business valuation.

Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a general ledger is and how it works.

Overhead costs are expenses tied to things other than the production of goods or services. Here's how to calculate overhead.

Employee bonuses are any compensation paid in excess of an employee's base salary or hourly wage. Learn how to structure and implement employee bonuses.

Many businesses hire hourly employees with varying hours. Learn how to determine and calculate the average cost of an hourly employee to your business.

Payroll audits can be beneficial to your business. Learn how to conduct one with this step-by-step guide and get software recommendations.

To achieve financial goals you might need a top-notch finance department. Learn how your company can become more competitive.

The best accounting software makes it easy for a business to track expenses, send invoices and collaborate with their accountant. Here’s what to consider.

An accounts payable reporting process ensures accurate financial data and on-time bill payments. Learn about accounts payable reporting and report types.

Assets refer to resources that can be converted into cash. Learn how assets work, the various types of assets, how to determine an asset's value and more.

An efficient accounts payable process ensures that your vendors are paid on time and reduces the likelihood of human error. Learn how to set up an AP process.

A nuanced understanding is crucial when offering compensation beyond employees' agreed-upon salary or wages.

A statement of shareholder equity can tell you if your business is doing well or if it's time to fine-tune some of your activities.

When a multiwage employee works overtime, which of their wage rates do you base their overtime rates? Blended overtime pay answers this question.

Follow these tips to end your fiscal year the right way and kick off your next one primed for success.

Learn the best practices for handling cash flow and other accounting issues. These useful tips and strategies will help you manage business finances.

Cash- and accrual-based business accounting are analysis methods for determining a business's financial health. Learn which is right for your business.

Whether you do it yourself or rely on accounting software, finance tracking is essential for small business owners.

Learn how to reconcile your business’s bank account by comparing your recorded transactions to the bank statements. Then, you can follow up on any errors.