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Accounting

Article
How to Decide on Your Company's Fiscal Year
BY Catherine vanVonno

Choosing when to start your fiscal year is one of the first things you need to do when setting up a new business. It may sound like the easiest thing to do, but this small step has a big impact.

Article
What Is Cash Flow Management?
BY Jennifer Post

Cash flow management is essential to a small business's survival. Here's how to improve your own cash flow management.

Article
Forget the Checks: 3 Reasons Why Your Construction Company Should Accept Credit Card Payments
BY business.com editorial staff

Learn about the advantages to accepting credit card payments.

Advice
What is the easiest accounting software to learn when just starting out?
QUESTION | BY Brett Strickler | 34 ANSWERS | LAST ACTIVITY ON 03/31/20

I know a lot of people use Quickbooks. Is this the best accounting software for new businesses? Is there something else easier, more cost effective or should I go with what seems to be widely used?

Article
How AI and Automation Technology Can Help Accountants
BY business.com editorial staff

There is a right way to strike a balance between human brainpower and modern technology.

Advice
How do I import Home Depot purchase receipts in QuickBooks?
QUESTION | BY Marie Faulkner | 5 ANSWERS | LAST ACTIVITY ON 03/23/20

I do remolding and help real estate investors buy almost every other day at Home Depot. Then we go back to the office and hire someone part time to enter each receipt with the client's property name....

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Article
How to Create a Business Budget, With Free Budget Template
BY Kiely Kuligowski

Business budgets are necessary for keeping a finger on the pulse of your business's financial health. Download our free business budget template and learn how to use it.

Article
Unique Ways Small Businesses Can Increase Cash Flow
BY Jennifer Post

Maintaining healthy cash flow is the lifeblood of any small business. These tips will help you increase cash flow.

Article
How Should Entrepreneurs Pay Themselves?
BY business.com editorial staff

As an entrepreneur, you're the one paying yourself, and it's not always a steady income.

Best Pick
The Best Accounting and Invoicing Generating Software
BY Lori Fairbanks

Our team has compared the best accounting software for 2020. See up-to-date comparisons, reviews and costs for the top-rated accounting programs.

Best Pick
The Best Construction Estimating Software of 2020
BY Joshua Stowers

Looking for the best construction software? We have easy-to-read, expert unbiased reviews, and feature comparisons of the best and cheapest programs.

Advice
What are you responsible for after the dissolution of a partnership?
QUESTION | BY Rina Boston | 1 ANSWERS | LAST ACTIVITY ON 03/17/20

My husband and I divorced 20 years ago, 4 years ago we sold a business property that we were 50/50 partners in. I filed my taxes every year and always gave a copy to my ex-husband so he could file...

Article
How to Plan a Budget for Your Side Hustle
BY Adam Uzialko

Trying to grow your side hustle into a business? Proper budgeting and financial planning are key. Here's how to budget for your side hustle.

Article
9 Things to Look for in a Business Checking Account
BY Meredith Wood

The business checking account you choose matters. Here's what to look for.

Best Pick
The Best Online Payroll Services of 2020
BY Simone R. Johnson

Our team has compared the best online payroll services for 2020. See up-to-date reviews and costs for the top services.

Best Pick
The Best Credit Card Processors of 2020
BY Lori Fairbanks

After months of analysis (including evaluating 85 credit card processors), these are the best credit card processing companies for 2020. See up-to-date comparisons, reviews and fees for the top-rated...

Article
The Role of a Strong Accounting and Finance Team in Seeking Capital
BY Matthew Gillman

You may be tempted to neglect the accounting side of your business, but you might also be hurting your access to capital.

Advice
How do you determine the best accounting and payroll software for an early startup business?
QUESTION | BY Vaibhav Devaansh | 9 ANSWERS | LAST ACTIVITY ON 02/28/20

How do you choose the best accounting and payroll software for a business in the early startup stage? I am looking for a software that is free and easily manageable.

Article
Everything You Need to Know About Cash Flow Statements
BY Mona Bushnell

Find out what makes up a cash flow statement and why it's important for your business.

Advice
How is a limited liability company (LLC) taxed?
QUESTION | BY Skye Schooley | 2 ANSWERS | LAST ACTIVITY ON 02/26/20

What are the different types of taxes an LLC has to pay (e.g. income, state, federal, expenses, etc.)? What are the tax advantages of a filing taxes as an LLC, as opposed to an S-corp or C-corp?