Accounting

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.

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.

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

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

Learn why cash flow statements are a vital part of financial tracking and many financial activities.

Partnerships use schedule K-1 tax forms to avoid tax penalties by distinguishing business income and personal income.

Learn how to reconcile your business’s bank account by comparing your recorded transactions to the bank statements. Then, you can follow up on any errors.

An accountant can add financial balance to your life. But how do you pick the right accountant for your business? Here are our tips.

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.

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

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

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

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

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

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

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.

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.

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

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

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.

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

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

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

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

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

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