Accounting errors are inevitable, especially if you’re rushing to add information into your small business accounting books. To detect accounting errors sooner rather than later, learn which ones to keep an eye out for and how to find them in the first place.
Read More Top 5 Accounting Errors You Might Be Making [+ Tips to Find Them]
Author:
Maria Tanski-Phillips
Maria creates helpful and practical content for Patriot’s marketing department. She began as a Content Writer in 2018.
What Is Open-book Management?
Want to increase transparency and potentially boost profits? If so, you may consider open-book management. So, what is open-book management? Get to know what open-book management includes, the pros and cons of it, and how it works.
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Top 4 Performance Targets for Accountants
As an accountant professional, you want to be the absolute best of the best for your clients. And to do that, you may need to set and track performance targets. But, what are performance targets for accountants, and how do they work? Keep reading for a breakdown of professional goals for accountants and performance target […]
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Get the Lowdown on Different Types of Equity for Your Small Business
There are many different accounts you can use to record equity in your business accounting books. Before you can begin tracking equity, you must learn about the different types of equity that can apply to your company.
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Should You Grow Your Business?
If you are a small business owner, you may be asking yourself, Is it time to grow my business? Before you race off to grow your business, you need to make sure that your company is ready for expansion. Continue reading to see if it is time for your small business to grow. And, check out […]
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How to Record a Vacation Accrual Journal Entry
Your hardworking employees need a vacation every now and then. Many employers provide vacation time to employees, but employees might not use their earned vacation right away. When employees have accrued vacation time, you must create a vacation accrual journal entry. Read on to understand the basics of vacation accrual and how to calculate and […]
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The Ins and Outs of Perpetual Inventory
As a small business owner, keeping track of inventory is an essential part of running your business. Perpetual inventory is one solution for inventory accounting. Read on to learn more about what is perpetual inventory, how perpetual inventory systems work, and the pros and cons of perpetual inventory.
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Fixed Assets vs. Current Assets: What’s the Difference?
There are different types of assets your business may have. You have probably heard of fixed and current assets. But, do you know the difference between fixed assets vs. current assets?
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What Is Your Business Tax Return Due Date?
As a busy entrepreneur, you don’t always have the time to think about your business tax return due date. It can be easy to miss your business tax return deadline with so much on your plate. You may be asking yourself, When are business taxes due? Learn more about your business tax due date and […]
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Accounting Terms You Should Know
As a small business owner, the idea of learning accounting lingo can be intimidating. You may not know many terms used in accounting. To better understand your business’s finances, you may want to review a few basic accounting terms. To help you get started, below are explanations of common accounting terms.
Read More Accounting Terms You Should Know