Accounting is very important for running any kind of business, especially a small business. Accurately keeping track of expenses and profits can result in a small business earning a lot of money or ...

The accounting cycle is the accounting process of recording, summarizing and presenting business and financial information to a company's interested parties. The accounting process consists of a ...

Busy business owners need automation to review the financial picture, not generate the data. Creating effective processes can generate efficiencies, streamline procedures, provide better reporting, ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Every bookkeeper should know the eight basic stages that split up a bookkeeper’s work process. While some of the steps in the accounting cycle have been automated thanks to advanced technologies, ...

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in ...

Restaurant accounting has specific needs and features. Here's a look at restaurant accounting methods and expenses, how tips ...

When a business engages in any economic activity, such as selling goods, purchasing supplies or paying salaries, these events must be recorded in the financial books. This is the first phase of the ...