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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 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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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.

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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.

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.

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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.

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4 Ways to Boost Your Balance Sheet
By Donna Fuscaldo | February 01, 2024

Want to improve cash flow or look good in the eyes of the bank or investors? Here's how to strengthen your balance sheet.

Article
How to Calculate Night Shift Differential Pay
By Max Freedman | November 06, 2023

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

Article
How AI and Automation Technology Can Help Accountants
By Jamie Johnson | February 21, 2023

Artificial intelligence and automation are changing accounting. Learn how to mix accounting, AI and automation for a balance of brainpower and technology.