Like it or not, managing your accounting books is all part of being a business owner. And if you’re like the majority of entrepreneurs, you probably worry about making accounting mistakes that can ...

This column is a review of an exciting new book, "The Definitive Success Guide to Client Accounting Services (CAS)," by Hitendra Patil. I remember calling Hitendra a few years ago about an article he ...

Small businesses keep revenue, expense and income summary reports, often referred to collectively as the books, to know exactly how much money is going in and out of the business. At the end of each ...

Luca Pacioli’s groundbreaking text on bookkeeping, accounting and mathematics, Somma di arithmetica, geometria, proporzioni e proporzionalità, also known as the Summa de Arithmetica, sold for ...

The accounting cycle is the backbone of financial management and reporting. From recording transactions to preparing financial statements, each stage of the accounting cycle plays an important role in ...

A cash book, or petty cash log, is a ledger for keeping track of small cash purchases. Some small businesses such as restaurants find cash books especially useful because these companies tend to need ...

Clear Books is an affordable accounting software that offers a robust set of core accounting features, including tax preparation. From its support of various tax types to its auto-updates for changing ...

After pitting Xero vs Zoho Books against each other, our research determined that Zoho Books is the better accounting software overall – especially for sole traders and micro businesses. The platform ...

Financial accounting is a multi-step process for companies following double-entry methods. The first and most important step begins with a journal entry: the recording of financial information related ...