Inventory Accounting is Not as Difficult as You Think

If you think inventory accounting is too hard, it’s time to rethink, refresh, retool, and restart. W...

What is Working Capital Formula and Ratio

Every business owner faces challenges daily, but few are as pressing or as stressful as maintaining ...

Accounting is one of the biggest challenges facing any small business owner. Keeping track of all th...

The basic accounting equation formula is: total Assets = Liabilities + Equity. It is used in Double-...

A balance sheet, or an accounting balance sheet, is one of the key types of financial statements use...

Smart accounting isn’t just about keeping the books and tracking the funds that are coming in or goi...

When you account for inventory, flexibility is the key. You need customization in inventory accounti...

Financial statements are the documents compiled by United States business entities to outline each e...

The chart of accounts is a numbered list of all accounts used to record and summarize business trans...

There are accounting services available for every budget, from free to thousands of dollars a month....

The design of your systems determines whether your software works with you or stands in your way. Po...

At the end of any accounting period, it’s crucial to make adjusting entries to your accounting journ...

Introduction Accountants use debits and credits to record each business transaction and generate fin...

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