Of course, staying out of jail is a good thing. And a good basic accounting system will provide useful financial information that will enable you to run your business proactively rather than ...

The term "accrual" refers to any individual entry recording revenue or expense in the absence of a cash transaction Most businesses typically use one of two basic accounting methods in their ...

The accounting principles work together ... establishes specific rules and standards in accordance with GAAP. These are the basics of GAAP rules: Accountants devote their entire careers to ...

If you click on links we provide, we may receive compensation. Rebecca Freedman, owner of Conscious Accounting, is a Certified Public Accountant and business consultant who has a passion for ...

Excel has all of the tools needed to create and maintain a general ledger, but it requires a solid understanding of basic accounting and attention to detail. For business owners who do not have ...

There are some simple systems that marketing agency owners should put in place to ensure a basic understanding of their company’s financial health.