Accounting

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.

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.

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.

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.

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

Learn valuable tips for managing assets for your construction business.

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

Whether you do it yourself or rely on accounting software, finance tracking is essential for small business owners.

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.

Learn the best practices for handling cash flow and other accounting issues. These useful tips and strategies will help you manage business finances.

Learn what certified financial statements are, when you need them, and how to obtain them. Includes costs, timelines and a complete prep checklist.

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

An accounts payable reporting process ensures accurate financial data and on-time bill payments. Learn about accounts payable reporting and report types.

Assets refer to resources that can be converted into cash. Learn how assets work, the various types of assets, how to determine an asset's value and more.

Set up an accounts payable process to ensure vendors are paid on time, reduce duplicate payments, and maintain accurate financial records for your business.

To achieve financial goals you might need a top-notch finance department. Learn how your company can become more competitive.

When a multiwage employee works overtime, which of their wage rates do you base their overtime rates? Blended overtime pay answers this question.

The best accounting software makes it easy for a business to track expenses, send invoices and collaborate with their accountant. Here’s what to consider.

Payroll audits can be beneficial to your business. Learn how to conduct one with this step-by-step guide and get software recommendations.

Many businesses hire hourly employees with varying hours. Learn how to determine and calculate the average cost of an hourly employee to your business.

Overhead costs are expenses tied to things other than the production of goods or services. Here's how to calculate overhead.

Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a general ledger is and how it works.

Triple bottom line measures success via people, profit, and planet. John Elkington coined the term in the mid-1990s. Examples include Patagonia and DHL.

Find out the circumstances under which employers owe employees retro pay, how it differs from back pay, the tax implications and how to calculate it.

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

These are the most important steps you can take to prevent payroll discrepancies and, if they do occur, how to fix them.

Mathematical skills can determine financial success. Whether or not it comes naturally, here are tips to sharpen your ability.

Discover how accounting automation helps small businesses save time, reduce errors and improve cash flow.

Discover how to boost sales and loyalty by offering multiple payment options.

Discover budget-friendly ways for small businesses to access expert financial guidance.