Accounting

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.

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.

Payroll reports list pay rates, hours, overtime, vacation, withholdings and more. Here's what your business needs to know about payroll reporting.

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

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

Payroll liabilities are payroll-related fees your company owes. Learn payroll liability types, how they differ from payroll expenses, and how to pay them.

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.

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

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.

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

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.

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

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

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

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

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

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.