Gone are the days of spending hours rummaging through boxes of paper receipts to do your taxes: with the best receipt scanner apps, your phone does all the work for you. Receipt scanner apps enable you to scan paper documents from your mobile device and store or share...
No matter your business, you want to ensure that you have a solid time-tracking system in place. Whether you're looking for a simple time-tracking option for employees or want to gain past project insights or develop team scheduling and resource planning, the right...
QuickBooks is one of the best accounting software platforms for business owners who want to save time and money by automating their bookkeeping tasks. However, the program is extensive, and there is much to learn to ensure you make the most of the software. ...
The best farm accounting software depends on the size of your farm and the services you need. General accounting software can provide basic invoicing and income and expense tracking, while accounting software designed for farmers may offer features like crop and...
Online shopping is booming, with more customers turning to ecommerce stores to purchase the products and services they need every year. According to market research provider Statista, ecommerce sales are projected to grow by 509.4 billion dollars between 2023 and...
Getting reimbursed for expenses is a top priority for employees. It's a top priority for businesses, too, especially those that don't want to lose top talent over long reimbursement lag times. Emburse Abacus reviews typically focus on how the app streamlines the...
As a business owner, you likely want to run your business rather than spend all your time on accounting. However, accounting is a necessity. You may wonder whether you'll find Mac-compatible options when you have a Mac. However, as with most things, it depends...
Gone are the days when the only way for accountants to calculate payroll was to painstakingly enter and manually check payroll data for deductions, withholdings, and inaccuracies. Payroll software streamlines the payroll process and helps to reduce human error. Its...
The best online bookkeeping services for your small business are ones that fall under the category of worry free. You’ve got a lot to do as a small business owner. Bookkeeping online services take something off your to-do list and give you more time to handle the...
Owner's equity is the value of the shares issued by a company. Equity is incredibly useful in order to know the worth of what you own in a company. It is also very important to know how to find and calculate it correctly. It all comes down to a simple equation. You...
Cash flow is the lifeblood of any small business. The goal is to keep your income higher than your expenses so that you can reinvest profits into building your business. But in order to manage your cash flow, you need to first understand it. That's where the right...
Business success involves having lot of business know-how at the very beginning of your business (though you'll learn a lot on the job!). Why not check out some accounting terms you should know? While business accounting terms may not seem like they should be the...
Individual retirement arrangements (IRAs) and 401(k)s are popular savings plans that American workers invest in to save for retirement. Two of the most common types of these plans are traditional and Roth accounts. This article will cover the differences between...
Payroll software for small businesses can be the difference between success and stress. Paying your employees on time and correctly keeps your company filled with happy staff. The best payroll system is one you don’t have to fix. It does not require many updates. Fits...
Deciding how to calculate the payroll of your business is essential. Paying employees is something you can't cut corners with. You need to make sure the calculation of payroll is correct. Payroll calculations that are off can add extra time and expenses to the cost of...
As a restaurant owner, having the right tools to measure your business’s financial performance is critical to your success. Accordingly, the best restaurant accounting software can support your restaurant’s viability by tracking your inventory, expenses, and revenue,...
Account reconciliation software can sound intimidating, but really, it's basic. You're simply comparing your business records to what your bank says. Whether it's intimidating or not, though, the good news is that accounting reconciliation software does a lot of the...
Knowing how to create an invoice is an important step for running a company. When you run a small business you need to make sure you are getting paid. Invoicing is how your company gets money for the work you do. There are certain things you must specify when creating...
The cash flow statement documents the cash and cash equivalent assets of a business. It demonstrates how a company not only manages its cash, but also how it generates cash. What Is a Cash Flow Statement? A cash flow statement lists a company’s cash and cash...
Cash Basis Accounting vs Accrual Basis Accounting What’s the difference between cash vs accrual accounting? A lot comes down to timing. With cash, the recognition of expenses and revenue is almost instant. With accrual, expense and revenue are accounted for later....
Errors and omissions insurance (also referred to as E&O insurance or professional liability insurance) helps protect your business if you make a mistake or a client accuses you of negligence or providing inaccurate information. This article explains what errors...
What is HRO? What does PEO stand for in HR? These questions between PEO vs HRO come up all the time if you are a business owner. It is important to know what human resources does for you and your employees. Having the knowledge about what is an HRO and what is a PEO...
Anyone involved with a new construction project–including contractors, property owners, and architects–should consider getting or asking to be added to a builder’s risk insurance policy to protect their investments. In this article, you will learn all about...
When it comes to insurance, State Farm is the company to beat. It's the top personal insurer, holding more than 9 percent of the total property and casualty insurance market. But competition is good for consumers, forcing the top insurers to keep their rates low and...
QuickBooks Online Tips Overview QuickBooks Online helps busy small business owners track income and expenses, run payroll, generate reports, project cash flow, and pay their bills from anywhere. There is bound to be a learning curve anytime you start learning...
More and more employers are switching from paper checks to paperless pay, but is the switch right for you? This article explains what paperless pay is, the benefits of paperless payroll, the types of paperless payroll systems, and how to implement them in your...