Less Accounting

SEPTEMBER 25, 2023

The goal of accounting is to provide insights into the financial health of a business to drive business decisions. Important Accounting Words to Know As you start learning about small business accounting, there’s a fair amount of new terminology.

Small Business Accounting 52

Small Business Accounting Accruals Bookkeeping Accounting 52

Nanonets

APRIL 4, 2023

Cash-basis accounting is an intuitive and easy way to record your business’ income and expenses, but it may not be the best method to choose if you need to use your business's financial records to prove steady income. In that case, you should consider using accrual method accounting.

Small Business Accounting 52

Small Business Accounting Accruals Accounting Accounting 52

Ontrack Bookkeeping

MAY 29, 2023

Why Are Accounting Principles Important for Small Businesses? Accounting principles are the foundation for any successful business. They provide a uniform framework for recording and reporting financial transactions, ensuring consistency and accuracy in your financial records.

Accruals 52

Accruals Financial Records Financial Reporting Accounting 52

Remote Quality Bookkeeping

JUNE 26, 2023

The term refers to the rules your business must follow when reporting revenues and expenses. The two primary accounting methods are cash accounting and accrual accounting. Hybrid accounting, as the name implies, is a mixture of cash and accrual accounting.

Accruals 52

Accruals Accounting Accounting Bookkeeping 52

Remote Quality Bookkeeping

JUNE 26, 2023

The term refers to the rules your business must follow when reporting revenues and expenses. The two primary accounting methods are cash accounting and accrual accounting. Hybrid accounting, as the name implies, is a mixture of cash and accrual accounting.

Accruals 52

Accruals Accounting Accounting Bookkeeping 52

Cloud Accounting Podcast

AUGUST 3, 2020

David Leary: [00:09:37] Unless some miracle happens on the Hill tomorrow, or today possibly - I'm sure they've worked all weekend- Blake Oliver: [00:09:45] This is not good news, but I do have a little bit of good news, which is that the IRS is making it easier to change your accounting method during the pandemic. Then, there's no fees.

QuickBooks 40

QuickBooks XERO Bookkeeping Payroll 40