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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

Article
Common Construction Accounting Problems Solved
By business.com editorial staff | May 04, 2020

Accountants in the construction industry face unique challenges. Here are four ways to simplify your construction accounting procedures.

Article
The Difference Between an Accountant and a Bookkeeper (and Why You Need Both)
By business.com editorial staff | April 24, 2020

Understand these two roles to match the right financial task with the right professional.

Article
How to Protect Your Cash Flow in Times of Crisis
By Leslie Hassler | April 17, 2020

Follow these six steps to protect your business's cash flow in uncertain times.

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Article
Dollars & Sense: How to Build an Accounting System for Startups
By business.com editorial staff | April 16, 2020

Having a robust accounting system in place right in the early stages of the business helps you build a strong foundation for your business.

Article
Is It Time to Hire a CPA?
By Max Freedman | April 14, 2020

Filing your own small business taxes may not be the best practice for you or your business.

Article
What Is the Triple Bottom Line?
By Paula Fernandes | April 10, 2020

The triple bottom line is a sustainability-based accounting method that focuses on people, profit and planet. Here's how it works for businesses.

Article
Restaurant Accounting: How It's Different
By business.com editorial staff | April 08, 2020

Restaurants have their own special accounting needs and quirks.

Article
The Future of Blockchain for Business
By business.com editorial staff | April 08, 2020

While blockchain technology is all the rage right now, it hasn't yet hit its stride.

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Article
Important Tax-Saving Tips for Small Business Owners
By business.com editorial staff | April 07, 2020

Following these eight tips can ensure a smooth, pain-free filing process this year.

Article
How to Decide on Your Company's Fiscal Year
By Catherine vanVonno | April 02, 2020

Choosing when to start your fiscal year is one of the first things you need to do when setting up a new business. It may sound like the easiest thing to do, but this small step has a big impact.

Article
Forget the Checks: 3 Reasons Why Your Construction Company Should Accept Credit Card Payments
By business.com editorial staff | April 02, 2020

Learn about the advantages to accepting credit card payments.

Article
How AI and Automation Technology Can Help Accountants
By business.com editorial staff | March 26, 2020

There is a right way to strike a balance between human brainpower and modern technology.

Article
How to Create a Business Budget, With Free Budget Template
By Kiely Kuligowski | March 23, 2020

Business budgets are necessary for keeping a finger on the pulse of your business's financial health. Download our free business budget template and learn how to use it.

Article
How Should Entrepreneurs Pay Themselves?
By business.com editorial staff | March 19, 2020

As an entrepreneur, you're the one paying yourself, and it's not always a steady income.

Article
How to Plan a Budget for Your Side Hustle
By Adam Uzialko | March 16, 2020

Trying to grow your side hustle into a business? Proper budgeting and financial planning are key. Here's how to budget for your side hustle.

Article
9 Things to Look for in a Business Checking Account
By Meredith Wood | March 11, 2020

The business checking account you choose matters. Here's what to look for.

Article
The Role of a Strong Accounting and Finance Team in Seeking Capital
By Matthew G. | February 28, 2020

You may be tempted to neglect the accounting side of your business, but you might also be hurting your access to capital.

Article
Everything You Need to Know About Cash Flow Statements
By Mona Bushnell | February 27, 2020

Find out what makes up a cash flow statement and why it's important for your business.

Article
How to Develop a Business Credit Card Expense Policy
By Matt D'Angelo | February 24, 2020

Business credit cards can be useful, but how can you tailor a credit card expense policy for your employees to follow?

Article
Financial Formulas Businesses Can Use in Excel
By Mona Bushnell | February 17, 2020

Learn business math basics and how to deploy them in Excel.

Article
Great Online Resources for Improving Accounting Skills
By Sean Peek | February 14, 2020

Modern accounting requires both hard and soft skills, and businesses want accountants with the most up-to-date skill sets. These online resources will help you improve your accounting skills.

Article
A Nonprofit's Guide to Accounting
By Katharine Paljug | February 13, 2020

Accounting for a nonprofit organization can be complex with the strict tax requirements. This guide will help you stay on top of your nonprofit accounting responsibilities.

Article
Which Is Better: Cash- or Accrual-Based Business Accounting?
By Sean Peek | February 06, 2020

There are a couple methods of analysis you can use to determine the financial health of your business. But which is best?

Article
SBA Loan Default: A Complete Guide for 2020 and Beyond
By Jason Milleisen | November 04, 2019

Here's comprehensive guide to all your questions about SBA loan default, forgiveness and the SBA Offer In Compromise.

Article
How to Prepare Your Business for the 2020 Tax Season
By Tracy Watson | October 08, 2019

Even though the 2020 tax season is still a few months off, there are some steps you can be taking now to ensure the process goes smoothly when it does arrive.

Article
Why Every Company Should Have a Business Savings Account
By Ken Gosnell | September 04, 2019

Businesses often live from payroll to payroll. Smart business leaders understand the power of saving for future growth.