Finances

Monetary policy determines the amount of money that flows through the economy. Learn how it affects your business.

Learn the difference between gross and net revenue, which are both important metrics for businesses to track.

Predatory lending practices include loan flipping, hidden fees and balloon payments. Fortunately, there are laws that protect borrowers.

Learn what information to include in a payroll report, both to ensure legal compliance and to improve financial management.

Learn why profit margins are important to your business and how to maximize them.

Accounting ratios and formulas streamline the bookkeeping process and help you evaluate your company's finances. Learn how these ratios and formulas work.

Balance sheets and income statements are related but not the same. Learning the difference and when to use each can aid your business’s financial health.

This guide describes eight accounting methods small businesses can use to manage their finances.

As cash payments decline and contactless payments grow, not accepting credit cards could hurt your business. Learn why your business should accept cards.

This guide identifies common business liabilities that every small business owner should keep track of and understand.

Business owners should understand the basics of accounting, including what accountants do. Learn how to improve your fundamental accounting knowledge.

Many small businesses fall victim to credit card processing scams. Learn about common credit card processing scams and how to find a credit card processor.

An income statement can be used for gauging the health of a business and making strategic decisions. This guide explains how to prepare an income statement

This guide explains how business owners can pay themselves with a payroll tactic known as an "owner's draw."

A business line of credit provides a lot of financial flexibility. Here is how it could help your business.

Processing payroll is critical for businesses. Refer to this payroll checklist to ensure you stay compliant and don't miss vital payroll processing steps.

Exporting invoices from QuickBooks is quick and efficient. Learn how to do it here.

SMS payments can help you obtain customer payments that might otherwise go missed – and that's not their only benefit.

Learn how to accept overnight payments electronically and offer this added benefit to your customers.

This guide explains invoice factoring, a funding option available to businesses that turns outstanding invoices into cash in exchange for a fee.

What's the best receipt app for your business? We reached out to small business owners and other professionals to find out what software they prefer.

Tracking cost of goods sold (COGS) is an important indicator of financial health and critical for tax deductions. Here's how to calculate COGS.

Businesses that operate a fleet of vehicles know how much money they are spending on fuel each month. Here are several ways to cut down on those expenses.

Learn what merit pay is, how to award merit pay increases, and best practices for implementing a merit pay policy.

A term loan is a one-time upfront payment to fund a one-time project or long-term business growth. Learn whether a term loan is right for your business.

Payroll accounting is the process by which businesses track expenses related to payroll. Learn more about it and how accounting software can help.

Joseph Hennessey, Small Business Innovation Research Adviser, explains

Medical claims are documents that your practice must submit to payers for reimbursement. Learn how to create them here.

This guide introduces the concept of accounting standards and explains why they are important to businesses trying to better manage their finances.

Section 179 lets you deduct the cost of a business asset in the year you buy it or place it in service. Learn if it's the best choice for your business.