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Finances

Learn the ins and outs of what you need to have ready to secure funding for your business. We've covered the basics.

Latest: Advice, Tips and Resources

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Article
Do You Need a Small Business Credit Card?
By Bennett Conlin | October 23, 2023

Small business credit cards can help with short-term debts.

Accountant using a calculator
Article
What Is A Profit And Loss Statement?
By Adam Uzialko | October 23, 2023

Learn the importance of accurate P&L statement reporting and how it may keep your business on the right track and sound financial footing.

Article
Credit Card Processing Fees Explained
By Julie Thompson | October 23, 2023

Learn which fees come with accepting credit cards as a form of payment, as well as how your business can reduce those processing costs.

Article
What Is Cost Allocation?
By Dachondra Cason | October 23, 2023

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

coworkers at their desks in an office
Article
Is Equipment Considered an Asset?
By Julie Thompson | October 23, 2023

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

Businessman using laptop computer
Article
How to Run Payroll in QuickBooks
By Trish Petak | October 23, 2023

This easy, step-by-step guide will show you how to run payroll in QuickBooks, featuring in-depth instructions and images.

envelope with a paycheck
Article
A Guide to Bonus Depreciation
By Jamie Johnson | October 23, 2023

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.

accountant using a laptop and a calculator
Article
Which Payroll Forms Do Employers Need?
By Max Freedman | October 23, 2023

Learn all about the payroll forms small business owners must file or obtain, and how payroll software can help.

Businessperson signing a paycheck
Article
How to Create a Biweekly Pay Schedule
By Max Freedman | October 23, 2023

A biweekly pay schedule is the most common pay frequency. Here's how your small business can implement it.

Accountant using a calculator
Article
How to Set Up QuickBooks Payroll Direct Deposit
By Trish Petak | October 23, 2023

Learn how to set up direct deposit in QuickBooks Payroll.

Article
How to Create QuickBooks Payroll Reports
By Trish Petak | October 23, 2023

This guide explains how to create QuickBooks payroll reports and how these payroll reports can help your business.

Article
How to Handle Merchant Fees With QuickBooks
By Vishal Sanjay | October 23, 2023

If your business uses PayPal or another payment processor, you'll be charged a merchant fee. QuickBooks can help you manage and record those fees.

Article
How to Track Billable Hours With QuickBooks
By Vishal Sanjay | October 23, 2023

Use QuickBooks' time-tracking functions to track billable hours and other timesheet options. Our instructions cover QuickBooks Online and QuickBooks Pro.

Article
What’s the Difference Between Cash Basis and Accrual Basis?
By Dock David Treece | October 23, 2023

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

Article
What Is the Double Declining Balance Depreciation Method?
By Dock David Treece | October 23, 2023

Double declining balance depreciation is a method of quickly depreciating large business assets. Learn how and when to use it.

Warehouse inventory manager
Article
What Is Overhead Rate, and Why Should Your Business Be Tracking It?
By Dock David Treece | October 23, 2023

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

Accountant working at a desk
Article
What Is the Cost Principle?
By Dock David Treece | October 23, 2023

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

Article
What Is Retro Pay?
By Max Freedman | October 23, 2023

Retro pay is extra wages added to employee paychecks when a prior check was less than it should have been. Learn how to calculate and avoid retro pay.

Article
What Are Interchange Fees?
By Dock David Treece | October 23, 2023

Interchange fees are costs you pay for processing credit card transactions. See how these fees may impact your small business.

Article
What Is Value-Based Healthcare?
By Max Freedman | October 23, 2023

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

Article
What Is an Accounts Payable Aging Report?
By Donna Fuscaldo | October 23, 2023

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

Accountant using a calculator
Article
Accounts Payable vs. Accounts Receivable
By Donna Fuscaldo | October 23, 2023

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

businesswoman standing over a series of paper reports on a desk
Article
What Is Business Collateral?
By Dock David Treece | October 23, 2023

This guide explains how business collateral works and why it’s important when you're applying for a secured loan.

Accountant using a calculator
Article
Management Accounting
By Dock David Treece | October 23, 2023

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

Article
The Do’s and Don’ts of Sending Someone to Collections
By Max Freedman | October 23, 2023

This guide explains when you should send an account to collections and how you should handle the process.

Article
What Is the FDCPA?
By Max Freedman | October 23, 2023

This federal law regulates how debt collectors can interact with debtors. Here's what you need to know.

Accountant using a calculator
Article
What Is Bookkeeping?
By Cynthia Uzialko | October 23, 2023

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

Article
How to Collect on a Judgment
By Max Freedman | October 23, 2023

When you're suing a debtor, getting a judgment in your favor is just part of the journey. There are often several steps required to recoup what you are owed.

Man using calculator for business accounting
Article
How to Develop a Credit Policy
By Max Freedman | October 23, 2023

A credit policy provides flexible payment options to customers while ensuring you get paid what you’re owed. Learn how to write one.

Article
Debt Collection Laws and How They Apply to Businesses
By Max Freedman | October 23, 2023

This guide explains debt collection laws and how they apply to businesses.