Your business’s fiscal quarter plays a role when it comes to things like taxes and finances. But, what is a fiscal quarter? Learn all about fiscal quarters and how to use them in accounting and business.
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Recordkeeping - Tips, Training, and News
Why Is Bookkeeping Important for Small Business?
Small business owners have a lot on their plates. That’s why it can be a little scary to realize that bookkeeping is yet another task you have to complete to keep your business running. After all, why can’t you skip it altogether and pass it on to an accountant? Well, there are a few reasons […]
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Your Guide to GAAP (Generally Accepted Accounting Principles)
When it comes to accounting, you must follow certain rules for recordkeeping or tax reporting. Otherwise, you may wind up making mistakes and costing your company money (and nobody wants that). Many businesses must follow a set of accounting guidelines called GAAP. But, what is GAAP exactly? And, how do you know if you have […]
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6 Business Records to Track as an Entrepreneur
As a business owner, there are a lot of things to pay attention to when running your company. Payroll, hiring, bookkeeping … the list goes on and on. And, that list includes monitoring all of your business records. So, what are the most important business records to track?
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13 Accounting Periods … What’s the Deal?
As a business owner, a big part of your job is handling accounting tasks. Part of your accounting responsibilities is looking at accounting periods and analyzing reports and other financial information. Many businesses use monthly accounting periods. However, some companies may opt to take advantage of 13 accounting periods instead. So, what is this 13th […]
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Cashing in on Crypto: Your Guide to Crypto Payments and Accounting
The digital world is changing a lot. So, you’re probably wondering how to change with it, especially when it comes to your business. And, that may make you think about the latest buzz in finance: cryptocurrency.
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What Is a Check Register, and How Can It Help You Organize Business Transactions?
As a small business owner, you know how important it is to keep track of your company’s finances. But, sometimes your business bank statement is not up-to-date with the most current information. For an up-to-date picture of your transactions, you can use a check register. So, what is a check register?
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7 Bookkeeping Tips for Small Businesses
As a business owner, you’re responsible for staying on top of your business’s books. If you have up-to-date and accurate accounting records, your company will be on the road to success. But if you fail to focus on your accounting tasks, your business can quickly sink before it has the chance to grow. To help […]
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