As a small business owner, you can do a lot of your bookkeeping with online accounting software. But, some accounting duties are more difficult than recording your transactions. You might need an accountant to help you with tough financial tasks. Do you know how to find an accountant for a small business?Read More How to Find an Accountant for a Small Business
As a business owner, you juggle a number of tasks, including accounting. You’re responsible for creating journal entries after every transaction. But that’s not all. You also need to know how to post journal entries to the general ledger. Learn how here.Read More How in the World Do You Post Journal Entries to the General Ledger?
As a business owner, you do it all. But when it comes to your finances, it may be a good idea to consult an accounting expert for help—especially if you’re just starting your venture. An accountant can assist with tracking and analyzing your finances and keeping your records up-to-date and accurate. But, it all starts […]Read More 12 Must-know Questions to Ask an Accountant
As a small business owner, you need to record your financial transactions. But, accounting is not easy, and all signs point to accounting software. Why use accounting software? Cloud-based accounting software could be a low-cost, time-saving option for tracking your business’s finances.Read More Cloud Accounting Software: Questions to Consider
If you’re an employer, you can’t just be on your merry way after paying your employees. You also need to account for payroll expenses in your books. This is where payroll accounting comes into play. To ensure your accounting books are accurate, learn how to record payroll transactions.Read More The Basics of Payroll Accounting: How to Record Payroll Entries in Your Books
Scoot over financial health tunnel vision. You can learn how your business is doing holistically by preparing different financial statements. So, what is a financial statement?Read More What Is a Financial Statement?
‘Tis the season for purchase returns … all year long. Because if you sell products at your business, you know that not all customers are satisfied. If a customer wants to bring back an item, you need to make sales returns and allowances journal entries.Read More How to Record Sales Returns and Allowances
In this day and age, people are pushing cash to the side and paying with plastic. In fact, one study found that 80% of people prefer to use card payments over cash. But, just because plastic is dominating does not mean cash is obsolete. Many people still prefer to pay with cash. And in some […]Read More Woah There! Can a Business Refuse Cash?
The year 2020 has brought on a lot of new changes for business owners and individuals alike. One major change is a redesigned Form 1099-MISC, thanks to the comeback of Form 1099-NEC. Learn about the recent changes, how to fill out Form 1099-MISC, and where to send yours once it’s good to go.Read More How to Fill Out Form 1099-MISC: The Ultimate Step-by-step Guide
If you want to keep your business running, you need to fork over some cash to buy goods and services. And sometimes, you might use credit to make these purchases, resulting in accrued liabilities.Read More The Basics of Accrued Liabilities in Business