Accounting, taxes, and financial planning are tricky tasks to navigate, plain and simple. Thankfully, there are tools, like accounting software, you can use to streamline your responsibilities. But at some point, you might decide to hire an accountant for their professional guidance.Read More 5 Signs It’s Time to Hire an Accountant
Business owners often confuse margin and markup. Both figures help you set prices and measure productivity. But, a margin vs. markup chart shows that the two terms reflect profit differently.Read More Markup vs. Margin Chart: How to Calculate Margin and Markup
In many types of service industries, employees can receive tips in addition to their regular wages. If your employees earn tips, you may consider giving tip pooling a try. Keep reading to learn all about tip pooling, including how it works and tip pooling laws you need to follow.Read More Ready to Dive Right Into Tip Pooling? Read This Before You Take the Plunge
For business owners in most states, collecting and remitting sales tax is part of the job description. But on select dates throughout the year, your customers can take advantage of a sales tax holiday.Read More Ready, Set, Go! Mark Your Calendars With Sales Tax Holiday Dates
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?