Your books say one thing, but your bank statement says another. Sigh (why isn’t anything ever easy?!). But don’t stress. Bank statement reconciliation is here to help.
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Author:
Michele Bossart
What Is an Audit Trail, and How Does It Impact Your Business?
August 17, 2026As a business owner, you’re responsible for recording your company’s transactions. And to support your entries, you should be keeping adequate documentation. This accounting documentation acts as an audit trail for your business. Read on to learn what is an audit trail and why it is essential for your small business.
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What Is Owner’s Equity?
August 17, 2026If you are a sole proprietor or partner, you or you and your partners are entitled to everything in your business. You don’t provide dividends to shareholders. You have full ownership of your business. However, you still have liabilities that you need to handle. Failing to consider your liabilities will give you a false picture […]
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What Is Adjusted Gross Income? How to Calculate AGI [With an Example]
August 17, 2026As a small business owner, you have likely heard of the terms gross or net income. But, are you familiar with adjusted gross income? Learn what is adjusted gross income, how to calculate it, and uses for adjusted gross income below.
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Patriot Software Expands HR Software with HR Experts & Training
June 17, 2026Canton, OH Patriot Software today announced the launch of HR Experts & Training, a new add-on for Patriot Human Resources Software customers who need practical HR support and employee training without hiring a full internal HR team. Powered by Mineral, the add-on gives small businesses unlimited access to certified HR professionals by phone or online, […]
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Tips vs. Auto Gratuities (aka Service Charges): Why It Matters for Payroll
March 26, 2026If your employees earn money directly from customers—at a restaurant, salon, hotel, or bar—you already know how confusing tip reporting can be. The IRS draws a very specific line between tips and service charges (aka auto-gratuities), and the difference affects payroll taxes, employee reporting, and even year-end W-2s. Let’s break it down in plain English. […]
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California Paid Sick Leave Law: What’s the Scoop?
January 2, 2026Some states, like California, require mandatory paid sick leave. The majority of California’s employers must offer paid sick leave to their employees. So, what is the California sick leave law?
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Patriot Payroll Customers Can Now Add Health Benefits in Just a Few Clicks
November 11, 2025Patriot Software, a leader in cloud-based payroll and accounting solutions, has joined forces with SimplyInsured, a digital benefits platform, to simplify one of the toughest jobs for small business owners: offering health insurance. The new integration embeds insurance shopping, enrollment, and payroll deductions directly inside Patriot’s payroll software.
Read More Patriot Payroll Customers Can Now Add Health Benefits in Just a Few Clicks
Patriot Software Unveils Another Huge Time-Saving Feature: Auto Payroll
November 4, 2025CANTON, OH Patriot Software, a leading provider of accounting and payroll software in the USA, today announced Auto Payroll, a powerful new feature designed to eliminate repetitive administrative work for small business owners and accountants. The feature is available immediately to both Full Service Payroll and Basic Payroll customers. Auto Payroll is engineered for companies […]
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How to Create a Chart of Accounts That’s “IRS Ready”
October 1, 2025Tax season. Just hearing the words can send shivers down a business owner’s spine. But what if you could change that? What if instead of scrambling for receipts and trying to make sense of a year’s worth of transactions, you could simply generate the reports you need with a few clicks?
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