Reviewed by Charlene Rhinehart Fact checked by Vikki Velasquez Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, ...

Every dollar matters when running a small business, and specialized software costs can start to add up. There are more than a billion Microsoft Office users worldwide, so there's a good chance your ...

Both the Currency and Accounting number formats in Excel are used to display monetary values, including the symbol for the chosen currency. However, in this article, I'll explain their subtle ...

For many small business owners, Microsoft Excel is not only a powerful tool for internal tracking and bookkeeping, but it can also be used to prepare documents for distribution to partners or ...

Accounting for a small business using Microsoft's Excel often requires the use of figures from one year as part of the accounting necessary for the next year's figures. Rather than keep a continuous ...