Business Accounting
Keeping your books in order is key to running a successful business. Learn how to do it right with tips on managing debt, tax obligations, and more.
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Harness the Power of Mobile Payments to Grow Your Business
Accepting mobile payments can bring in customers faster than an expensive ad campaign. Learn how using this new technology can help grow your business—without breaking the bank.
· 3 min read
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Business vs. Personal Expenses: What Is Deductible?
Business and personal expenses are like oil and water—they shouldn't mix. Here's how to keep them separate, and what to do when they overlap.
· 7 min read
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What Is Accounts Receivable?
No trick question here—accounts receivable is exactly what it sounds like. Accounts receivable represents money owed to a company for goods or services it has already delivered. Learn why it is such an integral and telling part of a company's financial picture.
· 3 min read
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What Are Operating Activities?
Operating activities track the heart of your business. Here's how to calculate and understand one of your company's most vital metrics.
· 3 min read
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What Are Financing Activities?
Cash flow from financing activities reveals the health and direction of a business. Understand financing activities with this quick guide.
· 3 min read
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What Is a Trial Balance?
While a trial balance is not a financial statement, this internal report is a useful tool for business owners. It lists all of the account balances in the general ledger. It is also used at audit time to see the impact of proposed audit adjustments.
· 3 min read
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Simple Bookkeeping for Small Business Owners
Small businesses just starting out need to begin record keeping, even if they can't afford a bookkeeper. Here are some simple tips that don't take a lot of time or money to execute.
· 4 min read
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What Is MACRS Depreciation?
Most long-term assets you use in your business must be depreciated using the MACRS depreciation method—at least on your tax return.
· 4 min read
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What Is Current Ratio and How to Calculate It
Current ratio is a measure of a company's liquidity, or its ability to pay its short-term obligations using its current assets. It's also a useful ratio for keeping tabs on an organization's overall financial health.
· 3 min read
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What Is Fixed Cost?
Fixed costs are expenses you pay each month, regardless of your business's sales or production. Understanding your fixed costs can help you price your products and remain profitable.
· 4 min read
