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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

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11 Tips Accountants Should Share With Their Clients
By Max Freedman | December 22, 2020

Every accountant should offer their clients these 11 tips.

Article
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The Best Payroll Software for Accountants
By Max Freedman | December 22, 2020

These are the most important features accountants should look for in payroll software.

Article
What Is an Audited Financial Statement?
By Max Freedman | December 17, 2020

When you need a loan for your business, potential lenders may ask to see your audited financial statement. Learn what this is and why lenders want to see it before they approve your business loan.

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KeyBank Middle Market Business Sentiment Report
KeyBank Middle Market Business Sentiment Report
When it comes to the middle market, Key has a dedication like no other bank. Our commitment and focus allow us to deliver relevant, actionable, and tailored solutions for middle market companies. As part of this commitment, KeyBank conducts quarterly surveys with middle market executives. We ask them various questions about business and the world around them to uncover industry views, including how they feel about the state of the economy, security, future growth plans and more..
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7 Accounting Mistakes That Cost Small Businesses Significant Growth
By Tucker Mathis | December 14, 2020

Failing to have a firm grasp on your business's financial status can significantly hamper your ability to grow. Here are seven accounting mistakes to avoid.

Article
How Small Businesses Can Budget for a Tumultuous 2021
By Donna Fuscaldo | December 10, 2020

Creating a business budget for the new year is challenging when it's not clear when the pandemic will end. Here's how to budget for an uncertain 2021.

Article
What's a Healthy Level of Business Debt?
By Matt D'Angelo | December 04, 2020

Financing can accelerate any business's growth, but it's vital to approach it properly.

Article
Why Small Business Owners Should Think About Taxes Year-Round
By Sean Peek | December 03, 2020

Tax season can be a very stressful time, but by folding tax planning into your business strategy, you can quickly and efficiently process your taxes.

Article
10 Reasons Your Restaurant Needs Modern POS Software
By Donna Fuscaldo | December 01, 2020

Learn how a new POS system can help your restaurant manage orders, inventory, staff and a host of other back-office tasks.

Article
Disaster Loans: How to Qualify for PPP and EIDL Forgiveness
By Mike Savage | November 06, 2020

More than 5 million businesses have received COVID relief funds. It's important to keep loan forgiveness in mind from the moment you receive your funds to avoid unforeseen costs.

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Time Is Running Out for SMB Owners Impacted by 2018-19 Natural Disasters to Claim Federal Income Tax Credits
By Jason Fry | October 29, 2020

Businesses in 19 states could be eligible for the Employee Retention Credit (ERC), which was designed to help businesses recover the cost of retaining employees during a natural disaster.

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How to Increase Your Small Business Market Share
By Joshua Stowers | October 28, 2020

Looking to increase your small business market share? Find out how to calculate and improve your share of the market.

Article
Which Business Credit Card Fees Are Tax-Deductible?
By Dock David Treece | October 14, 2020

Can you deduct that credit card fee? Find out which credit card fees are tax-deductible.

Advice
What is the apt accounting software for start-ups?
By Sofhia Thomas | 11 Answers | Last Activity on October 01, 2020

I want to know an apt accounting software that can be employed by a start-up concern. By this, I mean a software that includes all the mandatory features and is at a reasonable rate.

Article
Fixed and Variable Expenses: What Do These Terms Mean?
By Sammi Caramela | September 29, 2020

To create a proper budget, you'll want to consider both your fixed and variable expenses. Here are some examples of each.

Article
What Are Cash Flow Statements?
By Simone Johnson | September 23, 2020

Cash flow statements break down the financial status of your company to show the money flowing in and out.

Advice
what are the ways to find the cheapest accounting services in the UK?
By Ghulam Mustafa | 4 Answers | Last Activity on September 14, 2020

I just want to learn ways to explore the accounting industry and how small and medium-sized businesses can take advantage of cost-effective accounting services.

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How Is a Cash Flow Statement Prepared?
By Simone Johnson | September 11, 2020

Cash flow statements help businesses keep track of their finances. Here's what you need to know.

Article
How to Hire the Right Accountant for Your Business
By Simone Johnson | September 10, 2020

Picking the right accountant is important for your business's financial future. Here's what you should check for when hiring an accountant.

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Everything You Need to Know About the Balance Sheet
By Donna Fuscaldo | September 03, 2020

The balance sheet is one of the three most important financial statements for business owners, and includes assets, liabilities and shareholder equity.

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Financial Tracking 101: Best Implementation Practices and Best Tools
By Donna Fuscaldo | September 02, 2020

Finance tracking can help you keep tabs on the money coming in and going out of your business and aid you in identifying ways to grow your enterprise.

Article
How to Calculate Loan Payments
By Adam Uzialko | August 31, 2020

When you're considering accepting a business loan, it's important to develop a repayment plan. Here's how to calculate loan payments.

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A Guide to Payroll Forms
By Simone Johnson | August 24, 2020

Find out which payroll forms your small business needs.

Advice
What's the best bookkeeping software for small businesses?
By S. Thomas Warden | 35 Answers | Last Activity on August 22, 2020

I am planning on buying QuickBooks but wondering if anyone has suggestions for something that might be better or easier.

Article
5 Simple Steps to Valuing Your Small Business
By Russell Smith | August 19, 2020

If you're looking for investors or are ready to sell your business, you need to determine its value. Follow these five steps to calculate your business's value.

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How to Do Payroll
By Matt D'Angelo | August 17, 2020

Our step-by-step guide will teach you how to process payroll yourself.

Advice
Do I need quickbooks?
By Mike Seaman | 31 Answers | Last Activity on August 14, 2020

Or is excel enough for generating simple invoices and basic accounting?

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Must-Have Tools to Keep Self-Employed Finances in Order
By Max Freedman | August 10, 2020

It can be difficult to manage your finances when you're self-employed. These tools make it easier to keep your finances in order.

Category
The Best Construction Estimating Software of 2020
By Joshua Stowers | July 27, 2020

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

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What Small Business Owners Should Know About Direct Deposit
By Simone Johnson | July 23, 2020

Learn about the pros and cons of using direct deposit payroll services.

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Understanding Stripe Credit Card Processing Fees
By Adam Uzialko | July 22, 2020

With Stripe, you can accept credit and debit card payments. Here's a breakdown of the fees you can expect to pay with Stripe.