Accounting

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

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.

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.

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.

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

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

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

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

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

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

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

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.

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

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

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

The triple bottom line measures success by profit, people and planet, encouraging companies to balance financial goals with social and environmental impact.

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.

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.

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

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

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.

Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other financial data.

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.

Invoicing is crucial for small business cash flow. Learn how to create an effective professional invoice that increases the likelihood of timely payments.