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Do You Have Enough Inventory? Or...Too Much?

Business owners and financial managers need to control inventory levels. Establishing the right inventory level by item for your small business is a crucial success factor. This article will...
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Do You Have Enough Inventory? Or...Too Much?

Business owners and financial managers need to control inventory levels. Establishing the right inve...
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11 Ways to Spend Leftover Accounting Inventory Budget

It’s the time of year for daydreaming about creatively using leftovers. What if we apply some of tha...
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5 Common Accounting Mistakes Owners Make with Inventory (And How to Avoid Them)

Managing inventory is essential in business. In retail, excellent inventory management determines a ...
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A 4-Step Formula To Contact Prospects on Social Media

Tapping into social networks to generate and cultivate leads in a mutually beneficial way provides a...
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24 Basic Accounting Principles Business Owners Must Have

Basic accounting principles underly generally accepted accounting standards (GAAP), which are “princ...
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Inventory Accounting: It's Not as Difficult as You Think

If you think inventory accounting is too hard, it’s time to rethink, refresh, retool, and restart. W...
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What Is the Accounting Balance Sheet?

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

The chart of accounts is a numbered list of all accounts used to record and summarize business trans...
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11 Ways to Revamp Your Accounting System

The design determines whether your software works with you or stands in your way. Poorly designed so...
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Exploring Debits and Credits

Introduction Accountants use debits and credits to record each business transaction and generate fin...
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Innovation with Cloud-based Accounting Software

What is accounting? Believe it or not, the answer—and the perception of what accounting can be withi...
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SALES ORDER VS. PURCHASE ORDER AND WHY YOU NEED BOTH

Professionally managed companies use accounting systems with sales orders and purchase orders. Sales...
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