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Accounting

Managing your business finances begins with organizing your books. Proper accounting is critical to make informed decisions about your money. Not sure where to start? We’ve got you covered with these accounting guides, tips and tools.

Latest: Advice, Tips and Resources

person handing someone a pile of cash
Article
How to Improve Your Small Business’s Cash Flow
By Sean Peek | October 23, 2024

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

Article
How to Calculate Gross and Net Pay
By Julie Ritzer Ross | October 23, 2024

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ensure your payroll is precise.

Article
Business Debt: How Much Is Too Much to Carry?
By Jamie Johnson | October 23, 2024

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

Article
11 Accounting Tips All Small Businesses Should Know
By Rashan Dixon | October 22, 2024

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.

Article
Asset Management for Your Construction Firm: 8 Tips for Success
By Mark Fairlie | October 07, 2024

Learn valuable tips for managing assets for your construction business.

Article
PayPal 1099: How to Report Self-Employment Income to the IRS
By Jamie Johnson | October 05, 2024

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

Article
5 Restaurant Employee Scams That Will Cost Your Business Big
By Mona Bushnell | August 13, 2024

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.

Article
A Nonprofit’s Guide to Accounting
By Katharine Paljug | July 31, 2024

Nonprofit organizations have specific accounting regulations and requirements. Learn what nonprofits need to know about accounting.

Article
How Business Debt Consolidation Works
By Julie Thompson | July 30, 2024

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

Article
Financial Accounting: What You Need to Know
By Dock David Treece | July 30, 2024

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

Article
Restaurant Accounting: How It’s Different
By Dock David Treece | July 16, 2024

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

Article
The Difference Between an Accountant and a Bookkeeper (and Why You Need Both)
By Dachondra Cason | June 26, 2024

Understanding the distinction between accountants and bookkeepers can save your business a lot of money.

Article
How Fintech Is Changing Business (and Bank Accounts)
By Mark Fairlie | June 24, 2024

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

Man using a calculator for finances
Article
In Pursuit of Profit: Applications and Uses of a Break-Even Analysis
By Simone Johnson | June 11, 2024

A break-even analysis helps you identify how much your business must sell to recoup costs. Learn how to use it to make smart decisions for your business.

Article
10 QuickBooks Alternatives to Consider
By Jamie Johnson | May 07, 2024

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

Article
Unique Ways Small Businesses Can Increase Cash Flow
By Mark Fairlie | May 02, 2024

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

Article
Medical Billing Process Step by Step
By Max Freedman | May 01, 2024

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

Article
7 Accounting Mistakes That Cost Small Businesses Significant Growth
By Jamie Johnson | April 22, 2024

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

Article
How to Start Budget Planning for Your Business
By Sean Peek | April 11, 2024

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

Article
The Top Accounting Challenges Small Businesses Face
By Alika Cooper | April 10, 2024

Accounting challenges don't have to break your company. Here's how to overcome them.

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How to Create a Business Budget, With Free Budget Template
By Jamie Johnson | April 09, 2024

Need a free business budget template download? Get it here and learn how to use it to track your monthly and annual business revenue and expenses.

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Accounts Payable vs. Accounts Receivable: What You Need to Know
By Jamie Johnson | April 04, 2024

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

Article
What is Payroll Reporting?
By Julie Thompson | April 02, 2024

Payroll reports list pay rates, hours, overtime, vacation, withholdings and more. Here's what your business needs to know about payroll reporting.

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What Are Payroll Liabilities?
By Julie Thompson | March 12, 2024

Payroll liabilities are payroll-related fees your company owes. Learn payroll liability types, how they differ from payroll expenses, and how to pay them.

Article
Accounting Cycle 101
By Dachondra Cason | March 11, 2024

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.

Article
Wave Accounting Software Alternatives
By Jamie Johnson | March 08, 2024

Wave is a good option for accounting software, but it has certain limitations. Consider seven Wave alternatives that can grow with your business.

person working at a desk in a wheelchair
Article
What’s the Difference Between Net Income and Profit?
By Dachondra Cason | February 27, 2024

Profit and net income are found on your company's income statement. Learn the difference between these financial terms and what they mean for your company.

Article
What Is GAAP? A Guide to Generally Accepted Accounting Principles
By Jamie Johnson | February 14, 2024

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.

Article
5 FreshBooks Alternatives
By Dachondra Cason | February 13, 2024

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

Article
How to Process Accounts Receivable: A Step-by-Step Guide
By Jamie Johnson | February 05, 2024

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