Payroll liabilities are payroll-related fees your company owes. Learn payroll liability types, how they differ from payroll expenses, and how to pay them.
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.
Wave is a good option for accounting software, but it has certain limitations. Consider seven Wave alternatives that can grow with your business.
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.
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.
While FreshBooks is popular accounting software, others might work better for your company. Learn about some alternatives.
Learn how the accounts receivable process works and how accounting software can streamline your business’s ability to track and collect money owed.
Want to improve cash flow or look good in the eyes of the bank or investors? Here's how to strengthen your balance sheet.
Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other financial data.
Night shift differential pay applies to employees who don't typically work night shifts. Learn how to calculate and apply night shift differential pay.
Invoicing is crucial for small business cash flow. Learn how to create an effective professional invoice that increases the likelihood of timely payments.
Artificial intelligence and automation are changing accounting. Learn how to mix accounting, AI and automation for a balance of brainpower and technology.