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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 Choose Accounting Software
By Jamie Johnson | January 16, 2025

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.

Article
The Complete Guide to Accounts Payable Reporting
By Jamie Johnson | January 15, 2025

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

Article
Assets in Business Accounting: Types & Determining Value
By Sean Peek | January 15, 2025

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.

Article
What Is an Accounts Payable Process?
By Jamie Johnson | January 15, 2025

An efficient accounts payable process ensures that your vendors are paid on time and reduces the likelihood of human error. Learn how to set up an AP process.

person opening a paycheck
Article
What Is a Discretionary Bonus?
By David Gargaro | January 14, 2025

A nuanced understanding is crucial when offering compensation beyond employees' agreed-upon salary or wages.

Article
Everything You Need to Know About the Statement of Shareholder Equity
By Donna Fuscaldo | January 13, 2025

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.

Article
How to Calculate Blended Overtime Pay
By Max Freedman | January 10, 2025

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

Businesswoman looking at a line chart on a computer screen
Article
How to Wrap Up Your Fiscal Year and Start the New One Right
By Max Freedman | December 19, 2024

Follow these tips to end your fiscal year the right way and kick off your next one primed for success.

Article
14 Accounting and Cash Flow Management Lessons From CEOs
By Catherine vanVonno | December 17, 2024

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

Article
Which Is Better: Cash- or Accrual-Based Business Accounting?
By Sean Peek | December 05, 2024

Cash- and accrual-based business accounting are analysis methods for determining a business's financial health. Learn which is right for your business.

Article
Financial Tracking 101: Top Implementation Practices and Best Tools
By Donna Fuscaldo | December 05, 2024

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

Article
How to Reconcile a Business Bank Account
By Dock David Treece | December 04, 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 Is a Cash Flow Statement Prepared?
By Simone Johnson | December 03, 2024

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

Article
How to Hire the Right Accountant for Your Business
By Mike Berner | November 26, 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.

hands punching numbers on a calculator
Article
Why Every Company Should Have a Business Savings Account
By Jamie Johnson | November 13, 2024

Learn why it makes fiscal sense for your company to have a dedicated business savings account.

Article
Everything You Need to Know About Cash Flow Statements
By Jennifer Dublino | November 12, 2024

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

person using a calculator to do accounting
Article
Hitting the Books: A Guide to Retail Accounting
By Jill Bowers | November 05, 2024

Learn about the methods of calculating and tracking inventory that are used in retail accounting.

Article
A Guide to Accounting Software Features and Benefits
By Donna Fuscaldo | October 24, 2024

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

person handing someone a pile of cash
Article
How to Improve Your Small Business’s Cash Flow
By Sean Peek | October 23, 2024

Cash flow is critical for businesses, so managing it is key. Here's how to improve your business's cash flow situation.

Article
How to Calculate Gross and Net Pay
By Julie Ritzer Ross | October 23, 2024

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.

Article
Business Debt: How Much Is Too Much to Carry?
By Jamie Johnson | October 23, 2024

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

Article
11 Accounting Tips All Small Businesses Should Know
By Rashan Dixon | October 22, 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
Asset Management for Your Construction Firm: 8 Tips for Success
By Mark Fairlie | October 07, 2024

Learn valuable tips for managing assets for your construction business.

Article
5 Restaurant Employee Scams That Will Cost Your Business Big
By Mona Bushnell | August 13, 2024

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.

Article
A Nonprofit’s Guide to Accounting
By Katharine Paljug | July 31, 2024

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

Article
How Business Debt Consolidation Works
By Julie Thompson | July 30, 2024

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

Article
Financial Accounting: What You Need to Know
By Dock David Treece | July 30, 2024

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

Article
Restaurant Accounting: How It’s Different
By Dock David Treece | July 16, 2024

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

Article
The Difference Between an Accountant and a Bookkeeper (and Why You Need Both)
By Dachondra Cason | June 26, 2024

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

Article
How Fintech Is Changing Business (and Bank Accounts)
By Mark Fairlie | June 24, 2024

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