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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

How to Hire the Right Accountant for Your Business
By Mike Berner | February 14, 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.

What Is GAAP? A Guide to Generally Accepted Accounting Principles
By Jamie Johnson | February 14, 2024

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.

The Role of a Strong Accounting and Finance Team in Seeking Capital
By Jennifer Dublino | February 14, 2024

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

5 FreshBooks Alternatives
By Dachondra Cason | February 13, 2024

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

How to Process Accounts Receivable: A Step-by-Step Guide
By Jamie Johnson | February 05, 2024

Learn how the accounts receivable process works and how accounting software can streamline your business’s ability to track and collect money owed.

Financial Tracking 101: Best Implementation Practices and Best Tools
By Donna Fuscaldo | February 02, 2024

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

The Difference Between an Accountant and a Bookkeeper (and Why You Need Both)
By Dachondra Cason | February 01, 2024

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

Fixed and Variable Expenses: What Do These Terms Mean?
By Sammi Caramela | January 17, 2024

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

person using a calculator to do accounting
FreshBooks vs. QuickBooks Comparison
By Mike Berner | January 11, 2024

FreshBooks and QuickBooks are two of the best accounting software programs for small businesses. Here’s how they compare.

Accountant using a calculator
FreshBooks vs. Xero Comparison
By Mike Berner | January 11, 2024

FreshBooks and Xero are two top accounting software programs for small businesses. Here’s how they compare.

Accountant using a calculator
QuickBooks vs. Xero Comparison
By Mike Berner | January 11, 2024

QuickBooks and Xero are two of the most popular accounting software choices for small businesses. Here is how they compare.

How to Create Payroll Journal Entries
By Max Freedman | January 05, 2024

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

Guide to Employee Bonuses
By David Gargaro | January 04, 2024

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.

Businesswoman looking at a line chart on a computer screen
What Is a Profit and Loss Statement?
By Jamie Johnson | December 07, 2023

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.

What Is General Ledger Accounting?
By Jamie Johnson | November 30, 2023

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.

ZarMoney Review
By Mike Berner | November 08, 2023

ZarMoney is a standout accounting solution with simple pricing and robust integrations. Learn why it's the best accounting software for report generation.

hands punching numbers on a calculator
Why Every Company Should Have a Business Savings Account
By Jamie Johnson | November 06, 2023

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

How to Choose and Open a Business Checking Account
By Meredith Wood | November 02, 2023

Creating a new company banking account is important so you want to do your research. Here are three steps to opening your business checking account.

What Is an Audited Financial Statement?
By Max Freedman | October 30, 2023

Learn what an audited financial statement is, why your business might need one, and how unaudited accounting reports differ.

person opening a paycheck
What Is a Discretionary Bonus?
By David Gargaro | October 13, 2023

Learn about discretionary bonuses and their regulatory and tax implications, as well as the bonus structures that best avoid triggering additional taxes.

PayPal 1099: How to Report Self-Employment Income to the IRS
By Jamie Johnson | October 05, 2023

You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.

Financial Accounting
By Dock David Treece | July 31, 2023

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

QuickBooks Alternatives to Consider
By Jamie Johnson | July 31, 2023

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

Which Is Better: Cash- or Accrual-Based Business Accounting?
By Sean Peek | March 23, 2023

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

A Nonprofit’s Guide to Accounting
By Katharine Paljug | March 23, 2023

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

Restaurant Accounting: How It’s Different
By Dock David Treece | February 21, 2023

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

How AI and Automation Technology Can Help Accountants
By Jamie Johnson | February 21, 2023

Artificial intelligence and automation are changing accounting. Learn how to mix accounting, AI and automation for a balance of brainpower and technology.