You can use cash-basis accounting to record your books. What is cash-basis accounting? Learn about this simple accounting method here.| Patriot Software
Modified cash-basis accounting is a mixture between cash-basis and accrual accounting. Learn about modified cash-basis and how it can benefit your business.| Patriot Software
Learn more about fixed and current assets, examples of fixed assets vs. current assets, and recording assets on your balance sheet.| Patriot Software
Is accrual or cash-basis accounting better for your business? Learn the ins and outs of accrual vs. cash basis accounting here.| Patriot Software
Inventory is the list of raw materials and/or finished products that a business has on hand for manufacture or sale.| Patriot Software
Do you think your books need double-checked? Double-entry accounting requires you to use at least two accounts to record each transaction.| Patriot Software
Learn accounting basics, like debits and credits, to help you keep accurate records in your business books. See examples and more here.| Patriot Software
Learn how to get the cost of goods sold (COGS) with our guide. Discover the COGS formula, calculation steps, and how it impacts pricing.| Patriot Software
You need three financial statements: balance sheet, income statement, and cash flow statement. What is a cash flow statement?| Patriot Software
Affordable, easy-to-use, yet powerful accounting software for businesses. Use Patriot's online accounting software to support your business today!| Patriot Software
You need to keep track of accounts payable in your accounting books. What is accounts payable? Get the scoop here.| Patriot Software
Understanding accounts receivable will help you know how much customers owe you. What is accounts receivable?| Patriot Software