Keeping accurate accounting records is an important part of running a successful small business. In addition to protecting your business in case of an audit, organized records help provide a picture ...

The accounting cycle tracks a transaction until it's added to your company's financial statement. Follow this eight-step ...

Cost accounting provides the management of a company with the information it needs to operate the business effectively. It differs from financial accounting in its focus on principles of costing, ...

Bookkeeping for an online small business can range in complexity from a few simple expense categories to a full system with dozens of categories and subcategories. When you first set up a bookkeeping ...

business.com’s team of experts regularly test, evaluate and compare business solutions to identify the best software and services across industries. These independent investigations involve extensive ...

Accounting is the process of keeping track of all financial transactions within a business, such as any money coming in and money going out. It’s not only important for businesses in terms of record ...

business.com has spent years leading business owners to the software and services needed to run their enterprises efficiently. Our recommendations are based on an in-depth review process in which we ...

Accounting is “the language of business,” says G. Blake Manners, a partner at Ernst & Young (EY) in Richmond. Blake is one of this year’s Super CPAs, a group highly fluent in accounting. The list of ...

An expense account sounds simple enough, but it actually means two different things in business. First, it’s the process that lets employees pay for work expenses and get reimbursed by their company.

More than 40 years after the Foreign Corrupt Practices Act (FCPA) was enacted, the SEC and the U.S. Department of Justice (DOJ) continue to crack down on schemes in which bribes are paid to foreign ...

QuickBooks has been a staple in small business accounting since the early 2000s, while Xero has quickly gained traction as a strong competitor. After years of experience with both platforms, I'm here ...

The Best Small Business Accounting Deals This Week* Xero Business Edition — Save 90% Off Xero Business Edition Plans for 6 Months Quicken Business & Personal — Save 50% on Your First Year, Just $3.99 ...