Accounting

Minor small business accounting errors can have a significant effect on your business's finances. Learn the most common accounting mistakes to avoid.

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.

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

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.

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 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.

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.

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

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

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.

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

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

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

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

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

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

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.

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.

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

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

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

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.

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.

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

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