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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

Accounting Ratios: What They Are and Why They Matter to Small Business
By Erica Sandberg | February 15, 2022

Accounting ratios give you a better understanding of your business's financial position.

What Is a Discretionary Bonus?
By David Gargaro | February 14, 2022

If you decide to offer compensation beyond employees' agreed-upon salary or wages, it's important to understand the tax implications and regulations of doing so.

What Are Cash Flow Statements?
By Simone Johnson | February 14, 2022

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

Why Small Business Owners Should Think About Taxes Year-Round
By Sean Peek | February 14, 2022

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.

How Small Businesses Can Budget for a Tumultuous 2021
By Donna Fuscaldo | February 14, 2022

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.

How to Start Budget Planning for Your Business
By Sean Peek | February 14, 2022

Started a new business? Find out why your business needs to start budget planning.

What Is an Audited Financial Statement?
By Max Freedman | February 14, 2022

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.

What Is an Accounts Payable Process?
By Jamie Johnson | February 14, 2022

Processing your accounts payable is a vital part of running a business. Here's what you need to know about setting up a timely and accurate accounts payable process.

How to Choose the Right Accounting Software for Your Business
By Jamie Johnson | February 14, 2022

The right software will help you track critical financial data in your business, stay on top of your taxes, and pay your employees on time.

19 Tips to Avoid a Tax Audit of Your Small Business Return
By Andrew Martins | February 14, 2022

Getting audited by the IRS can be a stressful and, ultimately, costly event. To help avoid that scenario, we've collected 19 tips to avoid being targeted by the IRS.

Which Business Credit Card Fees Are Tax-Deductible?
By Dock David Treece | February 14, 2022

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

Bonus Depreciation: A Small Business Guide
By Kaylyn McKenna | February 14, 2022

Need new equipment for your business? Find out if you could save money on your purchase with bonus depreciation.

The Best Construction Estimating Software of 2022
By Joshua Stowers | February 04, 2022

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

What Is the Triple Bottom Line?
By Paula Fernandes | February 03, 2022

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

The Role of a Strong Accounting and Finance Team in Seeking Capital
By Matthew G. | February 03, 2022

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

The Difference Between an Accountant and a Bookkeeper (and Why You Need Both)
By Dachondra Cason | February 02, 2022

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

How to Increase Your Small Business Market Share
By Joshua Stowers | February 02, 2022

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

2021: The Year to Catch Up on Your Business Finances
By Lil Roberts | February 02, 2022

Bookkeeping isn't the most compelling aspect of running your business, and 2020 might have put you further behind. Here's how to make good accounting habits and stay on top of your finances this year.

LIFO vs. FIFO: Which Is the Best Option for Your Business?
By Jamie Johnson | February 02, 2022

Discover which inventory-tracking system is better for your business, FIFO or LIFO.

Accounts Payable vs. Accounts Receivable: What You Need to Know
By Jamie Johnson | February 01, 2022

Accounts receivable is the money your business brings in, while accounts payable is the money your business owes its suppliers and vendors.

How to Develop a Business Credit Card Expense Policy
By Matt D'Angelo | February 01, 2022

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

The Complete Guide to Accounts Payable Reporting
By Jamie Johnson | February 01, 2022

Accounts payable reporting involves tracking and recording business transactions. These reports ensure a company's financial data is accurate and up to date.

Restaurant Accounting Guide
By Donna Fuscaldo | January 24, 2022

Accounting software, POS systems and inventory trackers can all help with your restaurant's accounting processes.

Common Construction Accounting Problems Solved
By Dachondra Cason | January 14, 2022

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

Important Tax-Saving Tips for Small Business Owners
By Dachondra Cason | January 12, 2022

Follow these tips for a smooth, pain-free filing process this year.

How FinTech Is Changing Business (and Bank Accounts)
By Ryne Landers | January 05, 2022

Bringing some Mountain View innovation to Wall Street's cloistered enclave

5 FreshBooks Alternatives
By Dachondra Cason | December 01, 2021

While FreshBooks is popular accounting software, it might not be the best option for your company. Learn about alternatives that might be more appropriate for your business.

Expense Tracking Services Buying Guide
By Kayla Harrison | November 23, 2021

Which expense tracking service is right for you? Our buying guide explains what to look for in a provider and how to choose the best one for your needs.

How to Process Accounts Receivable: A Step-by-Step Guide
By Jamie Johnson | November 17, 2021

Learn why offering credit helps your bottom line and how to manage customer payments.

Wave Accounting Software Alternatives
By Jamie Johnson | November 09, 2021

Looking for an alternative to Wave accounting software? These seven Wave alternatives include project management and time-tracking features.