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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.

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Article
Using Revenue-Based Financing to Grow Your Business
By Business News Daily | February 21, 2023

Revenue-based financing can help businesses find capital without incurring interest or losing equity. Learn the pros and cons of revenue-based financing.

Article
Ready for Real Estate? Now Could Be the Time for Your Biz to Buy
By Shayna Waltower | February 21, 2023

It's a good time for small businesses to buy property. Here's what you need to know to start acquiring commercial real estate.

Article
What Are Interchange Fees?
By Dock David Treece | February 21, 2023

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

Article
How to Calculate and Pay State Unemployment Tax (SUTA)
By Adam Uzialko | February 21, 2023

Employers are required to pay state unemployment insurance taxes. Here's how to calculate and pay unemployment tax in your state.

Article
What Is a Per Diem?
By Nicole Fallon | February 21, 2023

In the workplace, "per diem" usually refers to a daily allowance or stipend for certain business travel expenses. Here's what employers need to know.

Businessperson signing a paycheck
Article
What Is a Merit Pay Increase?
By Nicole Fallon | February 21, 2023

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

Article
Should the U.S. Eliminate the Penny?
By Ned Smith | February 21, 2023

Is it time for the U.S. to remove the penny from circulation? Learn why some experts think the one-cent copper coin isn't worth the trouble of manufacturing.

Article
What Is Retro Pay?
By Max Freedman | February 21, 2023

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

envelope with a paycheck
Article
How to Set Up Direct Deposit
By Max Freedman | February 21, 2023

Direct deposit is the electronic transfer of wages from your bank to your employees' accounts. Here's how to set up direct deposit for your business.

Article
How to Run Payroll for a Nonprofit Organization
By Hannah Tayson | February 21, 2023

There are unique payroll challenges for a not-for-profit organization, such as a 501(c)(3). Here are some tips on running payroll for a nonprofit.

Article
What Is the Cost Principle?
By Dock David Treece | February 21, 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.

envelope with a paycheck
Article
Minimum Wage by State
By Max Freedman | February 21, 2023

You must pay your employees the greater of your state's hourly minimum wage or the federal minimum wage. Learn more about minimum wage laws.

financial data on a laptop
Article
Payroll Checklist: 10 Steps to Process Payroll
By Max Freedman | February 21, 2023

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

Article
What Is Facebook Pay?
By Max Freedman | February 21, 2023

Facebook Pay makes payments easy for businesses and customers who use the platform. Here's how to integrate this free tool into your business.

Warehouse inventory manager
Article
What Is Overhead Rate, and Why Should Your Business Be Tracking It?
By Dock David Treece | February 21, 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.

Article
What Is the Double Declining Balance Depreciation Method?
By Dock David Treece | February 21, 2023

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

Accountant using a calculator
Article
Entering Bills Into QuickBooks: A Complete Guide
By Vishal Sanjay | February 21, 2023

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

Article
What’s the Difference Between Cash Basis and Accrual Basis?
By Dock David Treece | February 21, 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 Expense Recognition Principle?
By Dock David Treece | February 21, 2023

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

Article
Exporting Invoices From QuickBooks
By Trish Petak | February 21, 2023

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

Accountant using a calculator
Article
Balance Sheet vs. Income Statement: What’s the Difference?
By Vishal Sanjay | February 21, 2023

Business owners use both balance sheets and income statements to gauge their companies' performance. Learn the distinctions and how to best use both.

Article
How to Track Billable Hours With QuickBooks
By Vishal Sanjay | February 21, 2023

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

Article
How to Handle Merchant Fees With QuickBooks
By Vishal Sanjay | February 21, 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
What Is Monetary Policy?
By Sean Peek | February 21, 2023

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

Article
How to Create QuickBooks Payroll Reports
By Trish Petak | February 21, 2023

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

Accountant using a calculator
Article
How to Set Up QuickBooks Payroll Direct Deposit
By Trish Petak | February 21, 2023

Learn how to set up direct deposit in QuickBooks Payroll.

Article
How to Accept Mobile Payments via SMS
By Max Freedman | February 21, 2023

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

Article
How to Accept Recurring Payments
By Max Freedman | February 21, 2023

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

Article
Which Payroll Forms Do Employers Need?
By Max Freedman | February 21, 2023

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

envelope with a paycheck
Article
A Guide to Bonus Depreciation
By Jamie Johnson | February 21, 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.