Finances

Creating a payroll budget requires adding the total cost of each employee on your payroll. Learn to conduct this essential aspect of running your business.

Get your customers to pay their bills quickly with these accounting payment terms and strategies.

Direct costs and indirect costs both influence how small businesses should price their products. Here's what you need to know about each type of expense.

This intro to bookkeeping defines the term and describes how bookkeeping relates to your business’s accounting methods.

This article explains how value-based healthcare improves outcomes and results in happier practitioners and less spending throughout the medical industry.

Learn exactly how to calculate net pay and payroll withholdings for your small business.

Cash basis and accrual basis are two different ways of valuing assets on your business's books. Learn the differences and why they matter.

Community banking can be a great option compared to big banks, but what does its decline mean?

Giving your employees bonuses? Learn how to calculate the proper tax withholdings.

The average small business can only last 27 days without cash inflows. How long would your company make it?

Not sure what bonus depreciation is or how to track it? Learn how to claim bonus depreciation for your business assets in this detailed guide.

Check out the answers to these frequently asked questions about self-employed 401(k) plans.

Accounts receivable refer to unpaid invoices a business should receive from customers from sales. Learn how accounts receivable affects operations.

Equipment can be both an asset and a liability in business accounting. Learn how to classify it properly on your balance sheet.

Accepting mobile credit card payments allows your business to make sales anywhere, anytime. Find out how mobile credit card readers work.

Private funding sources can offer much-needed investment capital to any small business's balance sheet. Here's what they are and how to secure funding.

Overhead rate is a measure of a company's indirect costs relative to another input or metric. Learn how to calculate your overhead rate.

This guide explains what compound interest is and how to calculate it for your small business.

Cost accounting makes it easy to track the value of large assets on your books. Learn when to use it for your small business.

Workers' compensation insurance is a necessity for any business with employees. Learn why you need workers' comp, what it covers, and how to handle claims.

The Dow Jones Industrial Average, or the Dow, is an index that shows how 30 companies have traded in the stock market.

This guide describes management accounting and how it is used to inform business decisions and strategies.

Want to optimize your cash flow management? Spend more time with your accounts payable and receivable.

Your customers and clients won't always remember to pay on time. Learn how to accept recurring payments to counter this problem.

You can't neglect financial health in the crucial early stages of building a business. Here are seven financial management tips for startups.

QuickBooks can help businesses with accurate financial reporting and decision-making. Learn how to enter bills into QuickBooks.

Cost accounting scrutinizes your business's expenses. Companies, such as manufacturers, use cost accounting. Learn more about this type of accounting.

The expense recognition principle is a concept in accounting outlining when a business should recognize its expenses. Learn how it works.

Cost allocation is a process businesses use to identify costs. Here's everything you need to know.

The accounts payable aging report can give you a complete view of your cash flow from one month to the next.