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Accounting

A complete resource for all your accounting needs. Here you can find a range of basic to advanced accounting information, resources, and best practices.

Latest: Advice, Tips and Resources

Article
The Top Accounting Challenges Small Businesses Face
By Alika Cooper | March 12, 2024

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

Article
Is It Time to Hire a CPA?
By Max Freedman | March 08, 2024

Knowing when to hire a CPA can have a dramatic impact on your business's financial health. Find out all of your tax options here.

Article
How to Create a Business Budget, With Free Budget Template
By Jamie Johnson | March 08, 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
Wave Accounting Software Alternatives
By Jamie Johnson | March 08, 2024

Wave is a good option for accounting software, but it has certain limitations. Consider seven Wave alternatives that can grow with your business.

Best Pick
The Best Accounting and Invoice-Generating Software for 2024
By Mike Berner | March 05, 2024

Our team has compared the best accounting software. See up-to-date comparisons, reviews and costs for the top-rated accounting programs.

Best Pick
The Best Accounting Software for Restaurants in 2024
By Mike Berner | February 29, 2024

This article reviews the best accounting and invoicing software providers for restaurants.

Review
QuickBooks Online Review and Pricing
By Mike Berner | February 27, 2024

QuickBooks Online is an excellent small business accounting package. Learn about QuickBooks Online's features, like automation, security and integrations.

Review
Plooto Review
By Mike Berner | February 23, 2024
Review
Xero Accounting Software Review and Pricing
By Mike Berner | February 21, 2024

Xero is a reasonably priced accounting software package with excellent integrations and an intuitive user interface. Learn why Xero is our top pick for growing companies.

person punching numbers on a calculator
Article
Revenue vs. Income: What’s the Difference?
By Dock David Treece | February 16, 2024

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

Review
Zoho Books Review and Pricing
By Mike Berner | February 14, 2024

Zoho Books is an accounting solution that uses automation to make managing business finances easier. Learn about Zoho's features, integrations and more.

Review
Sage Business Cloud Accounting Review and Pricing
By Mike Berner | February 14, 2024

Sage Business Cloud Accounting is a cloud-based accounting solution ideal for customizations. Learn how businesses can use Sage to customize integrations.

Review
FreshBooks Accounting Software Review and Pricing
By Mike Berner | February 14, 2024

FreshBooks is cloud-based accounting software that's ideal for invoice creation. Learn how businesses use FreshBooks for accounting, including custom invoicing.

Article
Everything You Need to Know About Cash Flow Statements
By Jennifer Dublino | February 14, 2024

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

Article
11 Accounting Tips All Small Businesses Should Know
By Rashan Dixon | February 14, 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
7 Accounting Mistakes That Cost Small Businesses Significant Growth
By Jamie Johnson | February 14, 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 Improve Your Accounting Skills
By Jennifer Dublino | February 14, 2024

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

Article
K-1s and How They Are Used
By Jennifer Dublino | February 14, 2024

Partnerships use schedule K-1 tax forms to avoid tax penalties by distinguishing business income and personal income.

Article
How to Reconcile a Business Bank Account
By Dock David Treece | February 14, 2024

Learn how to reconcile your business’s bank account by comparing your recorded transactions to the bank statements. Then, you can follow up on any errors.

Article
How to Hire the Right Accountant for Your Business
By Mike Berner | February 14, 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.

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
The Role of a Strong Accounting and Finance Team in Seeking Capital
By Jennifer Dublino | February 14, 2024

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

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.

Article
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.

Article
Financial Tracking 101: Best Implementation Practices and Best Tools
By Donna Fuscaldo | February 02, 2024

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

Article
A Guide to Accounting Software Features and Benefits
By Donna Fuscaldo | February 02, 2024

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

Article
The Difference Between an Accountant and a Bookkeeper (and Why You Need Both)
By Dachondra Cason | February 01, 2024

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

Article
Fixed and Variable Expenses: What Do These Terms Mean?
By Sammi Caramela | January 17, 2024

Find out the definitions and see examples of fixed, variable and mixed expenses. Read on to learn how to save on these costs.

person using a calculator to do accounting
Article
FreshBooks vs. QuickBooks Comparison
By Mike Berner | January 11, 2024

FreshBooks and QuickBooks are two of the best accounting software programs for small businesses. Here’s how they compare.