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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

Zoho Books logo
Review
Zoho Books Review and Pricing
By Mike Berner | April 10, 2024

Zoho Books is an accounting solution that uses automation to make managing business finances easier. Learn about Zoho's features, integrations and more.

Review
FreshBooks Accounting Software Review and Pricing
By Mike Berner | April 10, 2024

FreshBooks is cloud-based accounting software that's ideal for invoice creation. Learn how businesses use FreshBooks for accounting, including custom invoicing.

Sage 50 logo
Review
Sage 50 Review and Pricing
By Mike Berner | April 10, 2024

Sage Business Cloud Accounting is a cloud-based accounting solution ideal for customizations. Learn how businesses can use Sage to customize integrations.

Review
Plooto Review
By Mike Berner | April 09, 2024
Article
How to Create a Business Budget, With Free Budget Template
By Jamie Johnson | April 09, 2024

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.

Article
How to Choose the Right Accounting Software for Your Business
By Jamie Johnson | April 09, 2024

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 | April 09, 2024

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

Article
What Is an Accounts Payable Process?
By Jamie Johnson | April 04, 2024

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.

Review
Rippling Payroll Review and Pricing
By Jessica Elliott | April 04, 2024

Rippling's platform has hundreds of integrations and a user-friendly workflow builder. Learn why it's the best payroll system for automating processes.

Article
Accounts Payable vs. Accounts Receivable: What You Need to Know
By Jamie Johnson | April 04, 2024

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

Article
Everything You Need to Know About the Statement of Shareholder Equity
By Donna Fuscaldo | March 25, 2024

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
Accounting Cycle 101
By Dachondra Cason | March 11, 2024

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.

Article
Is It Time to Hire a CPA?
By Max Freedman | March 08, 2024

Knowing when to hire a CPA can have a dramatic impact on your business's financial health. Find out all of your tax options here.

Article
Wave Accounting Software Alternatives
By Jamie Johnson | March 08, 2024

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

Article
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.

Article
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.

Article
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.

Article
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.

Article
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.

Article
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.

Article
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.

Article
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.

Review
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.

Article
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.

Article
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
Article
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.

Article
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.