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Accounting

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

Review
ZarMoney Review
By Mike Berner | November 08, 2023

ZarMoney is a standout accounting solution with simple pricing and robust integrations. Learn why it's the best accounting software for report generation.

Review
Xero Accounting Software Review and Pricing
By Mike Berner | November 08, 2023

Xero is a reasonably priced accounting software package with excellent integrations and an intuitive user interface. Learn why Xero is our top pick for growing companies.

Review
Sage Business Cloud Accounting Review and Pricing
By Mike Berner | November 08, 2023

Sage Business Cloud Accounting is a cloud-based accounting solution ideal for customizations. Learn how businesses can use Sage to customize integrations.

Review
QuickBooks Online Review and Pricing
By Mike Berner | November 08, 2023

QuickBooks Online is an excellent small business accounting package. Learn about QuickBooks Online's features, like automation, security and integrations.

hands punching numbers on a calculator
Article
Why Every Company Should Have a Business Savings Account
By Jamie Johnson | November 06, 2023

Learn why it makes fiscal sense for your company to have a dedicated business savings account.

Article
Everything You Need to Know About Cash Flow Statements
By Jennifer Dublino | November 06, 2023

Learn why cash flow statements are a vital part of financial tracking and many financial activities.

Article
Fixed and Variable Expenses: What Do These Terms Mean?
By Sammi Caramela | November 03, 2023

Find out the definitions and see examples of fixed, variable and mixed expenses. Read on to learn how to save on these costs.

Article
How to Reconcile a Business Bank Account
By Dock David Treece | November 03, 2023

Learn how to reconcile your business’s bank account by comparing your recorded transactions to the bank statements. Then, you can follow up on any errors.

Article
How to Hire the Right Accountant for Your Business
By Mike Berner | November 03, 2023

An accountant can add financial balance to your life. But how do you pick the right accountant for your business? Here are our tips.

Article
How to Choose and Open a Business Checking Account
By Meredith Wood | November 02, 2023

Creating a new company banking account is important so you want to do your research. Here are three steps to opening your business checking account.

Article
Guide to Employee Bonuses
By David Gargaro | November 02, 2023

Employee bonuses are any compensation paid in excess of an employee's base salary or hourly wage. Learn how to structure and implement employee bonuses.

Article
How to Improve Your Accounting Skills
By Jennifer Dublino | November 01, 2023

Mathematical skills can determine financial success. Whether or not it comes naturally, here are tips to sharpen your ability.

Best Pick
The Best Accounting and Invoice-Generating Software for 2023
By Mike Berner | November 01, 2023

Our team has compared the best accounting software. See up-to-date comparisons, reviews and costs for the top-rated accounting programs.

Article
What Is an Audited Financial Statement?
By Max Freedman | October 30, 2023

Learn what an audited financial statement is, why your business might need one, and how unaudited accounting reports differ.

Article
Is It Time to Hire a CPA?
By Max Freedman | October 30, 2023

Knowing when to hire a CPA can have a dramatic impact on your business's financial health. Find out all of your tax options here.

Article
A Guide to Accounting Software Features and Benefits
By Donna Fuscaldo | October 30, 2023

Here's everything you need to know about accounting software and the benefits of using it.

Best Pick
The Best Accounting Software for Restaurants in 2023
By Mike Berner | October 18, 2023

This article reviews the best accounting and invoicing software providers for restaurants.

Accountant using a calculator
Article
QuickBooks vs. Xero Comparison
By Mike Berner | October 13, 2023

QuickBooks and Xero are two of the most popular accounting software choices for small businesses. Here is how they compare.

person opening a paycheck
Article
What Is a Discretionary Bonus?
By David Gargaro | October 13, 2023

Learn about discretionary bonuses and their regulatory and tax implications, as well as the bonus structures that best avoid triggering additional taxes.

Accountant using a calculator
Article
FreshBooks vs. Xero Comparison
By Mike Berner | October 11, 2023

FreshBooks and Xero are two top accounting software programs for small businesses. Here’s how they compare.

person using a calculator to do accounting
Article
FreshBooks vs. QuickBooks Comparison
By Mike Berner | October 11, 2023

FreshBooks and QuickBooks are two of the best accounting software programs for small businesses. Here’s how they compare.

Article
The Top Accounting Challenges Small Businesses Face
By Alika Cooper | October 10, 2023

Accounting challenges don't have to break your company. Here's how to overcome them.

Review
Zoho Books Review and Pricing
By Mike Berner | October 05, 2023

Zoho Books is an accounting solution that uses automation to make managing business finances easier. Learn about Zoho's features, integrations and more.

Article
PayPal 1099: How to Report Self-Employment Income to the IRS
By Jamie Johnson | October 05, 2023

You have to report PayPal income to the IRS. Learn how PayPal tracks your income and how to fill out a PayPal 1099.

Article
How to Create Payroll Journal Entries
By Max Freedman | October 03, 2023

Successful businesses must stay on top of their accounting. Learn how to use payroll journal entries to track wages and other financial data.

Review
FreshBooks Accounting Software Review and Pricing
By Mike Berner | September 15, 2023

FreshBooks is cloud-based accounting software that's ideal for invoice creation. Learn how businesses use FreshBooks for accounting, including custom invoicing.

Review
Rippling Payroll Review and Pricing
By Jessica Elliott | September 13, 2023

Rippling's platform has hundreds of integrations and a user-friendly workflow builder. Learn why it's the best payroll system for automating processes.

Review
NetSuite Accounting Software Review and Pricing
By Chad Brooks | September 13, 2023

Oracle NetSuite is a popular cloud-based ERP used by more than 40,000 organizations worldwide. It offers a comprehensive suite of integrated business management solutions.

Review
Plooto Review
By Mike Berner | September 13, 2023
Article
K-1s and How They Are Used
By Jennifer Dublino | August 22, 2023

Partnerships use schedule K-1 tax forms to avoid tax penalties by distinguishing business income and personal income.