Three Helpful Invoicing Tips for Business Owners
Invoicing is a common difficulty for small businesses, especially when they first start out. Late invoices can drain cash flow and reduce profit margi...
A Helpful Guide to Accounts Receivable & Accounts Payable
The way the two types of accounts are recorded is relatively similar, but it's crucial to distinguish between accounts payable and accounts receivable...
7 Smart Ways to Save Money as a Small Business
It can be difficult for small businesses to save money from the start. They don't always have a lot of resources at their disposal when trying to get...
Payroll Guide for Small Business Owners
Payroll is the business process of paying employees. Running payroll consists of calculating employee earnings and factoring out federal and state pay...
How to Use Rules in QuickBooks Online Transactions
Maintaining your transaction registers conscientiously leads to a clearer understanding of your finances. Last time, we talked about the types of b...
Are You Following Best Practices in QuickBooks Online?
“Best practices” are recommendations for the most effective way to get things done. Are you following standard procedures in QuickBooks Online? Hab...
Helpful tips when launching your own business
Got plans to start something new? You'll need to check out these helpful tips when launching your own business. It's essential that you plan out your...
Fundamental Accounting Principles
Generally accepted accounting principles (GAAP), are common standards and procedures issued by the Financial Accounting Standards Board (FASB). It enc...
Accounting Basics for Small Businesses
Managing finances can be daunting and time consuming but don't let yourself be overwhelmed by the numbers. Small business owners struggle with this on...
QuickBooks Online: Journal Entry
Simply put, a Journal Entry is a record of all accounting transactions made by the company and entered in a General Ledger. QuickBooks Online takes in...