Invoicing is more complicated than it first appears. The details of your invoices relate to several critical business decisions about how you charge, how you track your work…
When you’re just starting out in business, managing accounting responsibilities is relatively easy. It doesn’t require a lot of experience to send and pay a few invoices, and keep track of your account...
Getting paid is fun, but how much work do you have to do each month to get there? The process can be time-consuming and require multiple steps, unless you’re using cloud accounting software to manage...
If your business is lucky enough to have positive cash flow and you’re experiencing growth, it may be a smart business move to hire someone to help you run the business. Oftentimes, one of the first things...
For most small business owners, managing accounting tasks can be a challenge. Finances are typically not the most appealing part of the job. The below small business accounting checklist is a...
Maintaining sound accounting reports is a critical part of being a small business owner. If you’re not already doing so, it’s never a bad time to jump in and take control of your finances. Managing these...
For full-time employees working for a company, your employer automatically deducts taxes from your paycheck every time you get paid. At the end of the year, you receive a W-2 form, fill out your return...
Overhead costs are defined as ongoing business expenses not including those costs associated with producing goods or delivering a service. If your business sells beverages, for example, the materials or...
For some small business owners, it can be a joy simply to turn a profit. If you’re doing so, you’re likely keeping a close eye on your finances and ensuring that your accounting and bookkeeping is managed...
Being a freelancer comes with a world of benefits, like flexibility in scheduling and the ability to choose your own clients. For most freelancers, not all tasks are created equal, however. Accounting and...
Accounts receivable is the term used to describe the money owed to you by your customers. Managing the accounts receivable process is critical for maintaining positive cash flow that will allow you to...
