Accounting

The accounting cycle tracks a transaction until it's added to your company's financial statement. Follow this eight-step process to organize the data.

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.

Night shift differential pay applies to employees who don't typically work night shifts. Learn how to calculate and apply night shift differential pay.

GAAP refers to a set of rules and standards used for financial reporting in the U.S. Learn how GAAP principles work and what they mean for your business.

Learn how the accounts receivable process works and how accounting software can streamline your business’s ability to track and collect money owed.

To start your business, you’ll need money and sometimes borrowing funds is fine. Without proper management and care, though, debt can become problematic.

Looking to increase your small business's cash flow? Follow these tips to make sure you have enough liquid capital to keep growing.

Minor small business accounting errors can have a significant effect on your business's finances. Learn the most common accounting mistakes to avoid.

Accounts payable is money your business owes, and accounts receivable is money owed to you. Learn how accounts payable and accounts receivable differ.

While FreshBooks is popular accounting software, others might work better for your company. Learn about some alternatives.

Restaurant accounting has specific needs and features. Here's a look at restaurant accounting methods and expenses, how tips factor in, and more.

The medical billing process can be complicated. Follow this step-by-step process to ensure you do it correctly.

Learn who should consider debt consolidation and what you need to know before deciding whether business debt consolidation is right for you.

Here are 10 alternatives to QuickBooks that could be better for your business.

Even if accounting isn’t your forte, it’s important to understand accounting basics to run your business. Learn 11 tips for small business accounting.

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

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.

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.

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Business owners need budgets to help them manage money and meet financial goals. Learn how and why to start budget planning for your business.

Learn valuable tips for managing assets for your construction business.

Learn about the methods of calculating and tracking inventory that are used in retail accounting.

Learn why it makes fiscal sense for your company to have a dedicated business savings account.

Learn how the relationship between revenue and income affects your business and its value.

Here's everything you need to know about accounting software and the benefits of using it.

Cash flow is critical for businesses, so managing it is key. Here's how to improve your business's cash flow situation.

If you're looking for investors or want to sell your business, you must determine its value. Follow these four steps to calculate it.

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.

Learn how five top restaurant employee-theft scams work. We'll show you how to stop losing money to employee theft and retake control of your restaurant.

FinTech is the financial technology fueling innovation in payment processing, lending, wealth management, and more. Learn how FinTech is changing business.