accounting

How to Read a Balance Sheet

How to Read a Balance Sheet

Even though the income statement normally attracts the most attention from investors, the balance sheet is the true starting point for understanding a company&#... »

Bookkeeping and Accounting Basics

Bookkeeping and Accounting Basics

  Bookkeeping and accounting share two basic goals: to keep track of your income and expenses, thereby improving your chances of making a profit to collect... »

Keeping Your Company Healthy

Keeping Your Company Healthy

  I’ve been thinking a lot about balance sheets recently, and not just because of our never-ending federal debt problem. I’ve been watching a f... »

How to Perform a Break-Even Analysis

How to Perform a Break-Even Analysis

  A break-even analysis is a key part of any good business plan. It can also be helpful even before you decide to write a business plan, when you’re ... »

5 Tips for Forecasting and Maintaining Cash Flow

5 Tips for Forecasting and Maintaining Cash Flow

  It’s time to go through expenses with a fine-toothed comb, cutting any leakage to maximize cash flow. Experts say comb and repeat. “It’s not necessarily ... »

Tips for Calculating Your Gross Margin

Tips for Calculating Your Gross Margin

  Ignore your financial statement, and you effectively ignore the health of your company. A good manager should be able to deftly use the gross margin to u... »

How to Read a Balance Sheet

How to Read a Balance Sheet

  Even though the income statement normally attracts the most attention from investors, the balance sheet is the true starting point for understanding a co... »

5 Apps That Make QuickBooks Better

5 Apps That Make QuickBooks Better

  You’re likely familiar with the Apple App Store, Google Play, and the Windows Store, but what about the Intuit App Center? Probably not on your rad... »

How to Use Accounting as Strategy

How to Use Accounting as Strategy

  Dear Jeff, I’m starting a business and I know very little accounting. Does it make a difference which type of inventory accounting method I use? Or... »

Choosing an Accountant: Advice from Small Business Owners

Choosing an Accountant: Advice from Small Business Owners

  Tax season is coming — so if you don’t already have an accountant, now might be the time to consider hiring one. But what are the most important qualitie... »

Year-End Accounting: 5 Things You Need to Discuss with Your Accountant Now

Year-End Accounting: 5 Things You Need to Discuss with Your Accountant Now

  Just because the tempo of business is beginning to slow with the approaching holidays and end-of-year festivities, your business planning shouldn’t take ... »

What is a Profit and Loss Statement?

What is a Profit and Loss Statement?

  If you’re thinking of starting abusiness, you’re probably worried about all the bookkeeping involved. The good news is that it’s not as... »

The Best Accounting Software

The Best Accounting Software

  Small business owners know that running a successful operation requires keeping things organized and knowing where every penny goes. Many lean on account... »

An Antidote for Accounting Blues

An Antidote for Accounting Blues

iStock New cloud-based services are hoping to change bookkeeping habits by luring businesses with interfaces that are elegant and intuitive. Xero, an online pro... »