Tips on tax reduction for businesses
Reducing taxes for your business legally and ethically is a sound financial strategy that can increase your profitability and cash flow. Here are some...
What is a Journal Entry?
A journal entry is a fundamental accounting record used to track and document financial transactions within a business. It's the first step in the dou...
Bookkeeping Ethics Handling Confidential Information and Maintaining Integrity
Maintaining ethical standards in bookkeeping is essential to protect the integrity of financial data and ensure trust among stakeholders. Here are key...
What are some common bookkeeping mistakes to avoid?
Bookkeeping mistakes can lead to inaccurate financial records, financial mismanagement, and potential legal issues. Here are some common bookkeeping m...
How to record loan payments
Recording loan payments accurately is essential for maintaining your financial records and ensuring that you meet your financial obligations. To recor...
What is GAAP?
GAAP stands for Generally Accepted Accounting Principles. It is a set of standardized accounting principles, procedures, and guidelines used in the Un...
How do I handle sales tax and record it in my books?
Handling sales tax and recording it in your books is an important aspect of financial management, especially for businesses that are required to colle...
Common Challenges Small Businesses Face
Small businesses face a variety of common challenges that can impact their operations and success. These challenges can vary depending on the industry...
How the Right Software Can Benefit Your Business
Everyone wants to use the greatest software for their work. Whether you're a chef or a web designer, well-made equipment makes your job easier and mor...
What’s New with Quickbooks Online for November 2021?
Mailchimp app for QuickBooks® Online The Mailchimp app for QuickBooks Online is a one-way sync that imports QuickBooks contacts and revenue data in...