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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

Article
How Is a Cash Flow Statement Prepared?
By Simone Johnson | December 03, 2024

Find out what to include in a cash flow statement, as well as its limitations and how cash flow is calculated.

Article
How to Hire the Right Accountant for Your Business
By Mike Berner | November 26, 2024

An accountant can add financial balance to your life. But how do you pick the right accountant for your business? Here are our tips.

hands punching numbers on a calculator
Article
Why Every Company Should Have a Business Savings Account
By Jamie Johnson | November 13, 2024

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

Article
Everything You Need to Know About Cash Flow Statements
By Jennifer Dublino | November 12, 2024

Learn why cash flow statements are a vital part of financial tracking and many financial activities.

person using a calculator to do accounting
Article
Hitting the Books: A Guide to Retail Accounting
By Jill Bowers | November 05, 2024

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

Businesswoman looking at a line chart on a computer screen
Article
What Is a Profit and Loss Statement?
By Jamie Johnson | October 30, 2024

A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to understand your business better.

person punching numbers on a calculator
Article
Revenue vs. Income: What’s the Difference?
By Dock David Treece | October 30, 2024

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

Article
A Guide to Accounting Software Features and Benefits
By Donna Fuscaldo | October 24, 2024

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

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
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.

Article
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.

Article
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.