3-paycheck Months | Business Guide to Handling Cash-flow
Do you know how to handle payroll for 3-paycheck months? Prepare ahead of time for months with extra payroll.| Patriot Software
Do you know how to handle payroll for 3-paycheck months? Prepare ahead of time for months with extra payroll.| Patriot Software
A business emergency fund is money you set aside to cover unexpected expenses or financial emergencies. Learn how to build an emergency fund.| Patriot Software
Patriot Software accounting customers can read this helpful article for guidelines on how they can manage imported bank transactions. Click to learn more!| Patriot Software
Affordable accounting and payroll software for small business owners in the USA.| Patriot Software
If you struggle to collect receivables, it may be time to hire a collection agency. You can get paid and back to running your business.| Patriot Software
Do you include an allowance for doubtful accounts, or bad debt reserve, in your recordkeeping? Here are facts about ADA, examples, and more.| Patriot Software
If you want to keep accurate books, you need to be familiar with the types of accounts in accounting (and their sub-accounts).| Patriot Software
Are you new to tracking, reviewing, and reporting your business's finances? Find out how to set up accounting books for small business here.| 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
Starting an LLC in Ohio has liability protection, pass-through taxation, and reasonable tax rates. Learn how to start an LLC in Ohio here.| Patriot Software
Do you know how well your business uses incoming money? Learn how to calculate profit margin to see how effective your processes are.| Patriot Software
As your business grows, so do the complications of payroll management. Learn why you need a flexible payroll service to grow with you now!| Patriot Software
Nonemployee compensation is the money you pay to independent contractors. Learn how to classify workers and report nonemployee compensation.| Patriot Software
Find out what is backup withholding, who is subject to it, who is exempt, and what business owners need to do.| Patriot Software
Small businesses may hire a non-employee for certain projects, known as an independent contractor. So, what is an independent contractor?| Patriot Software
Business owners that report nonemployee compensation must use the revived Form 1099-NEC. Learn about your Form 1099-NEC responsibilities.| Patriot Software
Some businesses process payroll internally, while others outsource to a third party. Learn more about in-house payroll vs. outsourcing.| Patriot Software
Look at gross and net income to determine your business's profitability. But what is the difference between net income vs. gross income?| Patriot Software
If you're like most business owners, you probably have some business liabilities. But, what are the different types of liabilities in accounting?| Patriot Software
An early payment discount is a price cut customers can receive if they pay for purchases before the due date. Learn more here.| Patriot Software
One accounting method you can use is accrual accounting. Learn what is accrual accounting and if it's a good fit for your business.| Patriot Software
If you make purchases for your business on credit, you need to track how much you owe to vendors. An accounts payable aging report can help.| Patriot Software
Choosing the safe harbor election for small taxpayers lets you deduct business expenses that you would normally have to capitalize.| Patriot Software
Software streamlines processes, but the more systems you use, the greater your costs. Can you take a software deduction to offset expenses?| Patriot Software
As a small business owner, you need to keep track of the liabilities that your business is responsible for. What are liabilities?| Patriot Software
Businesses use strategic pricing strategies to increase customer traffic and maximize profits. Learn about seven strategies and more.| Patriot Software
Accounting errors can happen to anyone. To catch accounting mistakes as soon as possible, learn how to find accounting errors in your books.| Patriot Software
What's a profit and loss statement for small business and why is it important to you? Learn what a P&L statement includes and how to make one.| Patriot Software
Business owners can use a simple equation to find gross profit. Gross profit shows profitability and helps with decision-making.| Patriot Software
You need to know how to increase your business's bottom line to keep your business financially healthy. What is the bottom line in business?| Patriot Software
Operating costs fall into two categories: COGS and operating expenses. Learn the difference between cost of goods sold vs. operating expenses.| Patriot Software
Have you made some big purchases for your small business? You can use depreciation to spread the cost out over time.| Patriot Software
You can use amortization to reduce your small business taxable income. What is amortization? Find definitions and examples here.| Patriot Software
The payroll-to-revenue ratio measures how much of your business revenue you spend on payroll expenses. How high should your ratio be?| Patriot Software
If you offer credit to customers, it may help your cash flow. Use these pros and cons to see if offering credit is right for your business.| 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
When a customer gives cash or uses credit to pay for a good or service, you must make a journal entry for sales. Learn how here.| Patriot Software
If you have questions that aren't answered on the IRS website, you may need to know how to contact the IRS. Learn more when you read this!| Patriot Software
Knowing the average cost of living by state can help you set product or service prices, salaries, and budgets. Find out more here.| Patriot Software
Business owners are likely responsible for managing, accounting for, and reporting inventory. What is inventory, and how should you handle?| Patriot Software
Do you know how to form a C Corp? C Corps separate personal and business tax liabilities to protect personal assets from business debts.| Patriot Software
Not sure which of your allowable business expenses might qualify for tax deductions? Check out this list of allowable expenses.| Patriot Software
You need to know how to prepare and use a business balance sheet for your company. So, what is a balance sheet?| Patriot Software
To keep your finances in order and stay on track, you need to learn about the four basic financial statements for small business.| 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
Creating the articles of incorporation is a the first step a business takes when forming a new corporation. Here's an overview of the document.| Patriot Software
As a small business owner, there are accounting terms you should know, including net profit. What is net profit? Learn more here.| Patriot Software
You might wonder, "Do I need to open a business bank account?" Read on to learn which businesses need to, and why all should consider it.| Patriot Software
As a small business owner, you must know when your cash flow is negative. What is negative cash flow? Find out how to manage cash flow here.| Patriot Software
All business owners need to know about their company's cash flow. But, what is cash flow? Read our article for the scoop.| Patriot Software
You run your own business, but are you considered self-employed? What is self-employed mean? Find out and what that means for you.| Patriot Software
Do you know which taxes you need to pay for your business? Tax liability is the money that needs to be paid to a local, state, or federal agency.| Patriot Software
You can use marketing metrics for small business to track how successful your marketing methods are. Try these basic metrics to test marketing campaigns.| Patriot Software for Small Business
As a business owner, you need to keep track of your company's financial statements. What is a financial statement? Find out here.| Patriot Software
Thinking about getting a business loan? First things first, you need to learn how to apply for a business loan with these seven steps.| Patriot Software
Need a way to build up business credit and simplify cash flow? Learn how to get a business credit card in a few simple steps.| Patriot Software
What are business expenses? Which business expenses are deductible? Keep your taxes as low as you can and boost your profit. Record your expenses!| Patriot Software
Do you need help planning future finances? Learn how to create a cash flow projection so your small business finances can be stress-free.| Patriot Software
Knowing how to finance a small business can put your business idea into action. Take a look at these nine small business financing options.| Patriot Software
A business plan is essential for understanding your market and obtaining outside funding. Do you know how to write a business plan?| Patriot Software
Businesses need a budget to project revenue, expenses, and profits. Some companies use zero-based budgeting. What is zero-based budgeting?| Patriot Software
Learn how to conduct a market analysis if you're looking for a lender, or want a better understanding of your target customer.| Patriot Software
Discover the best accounting software for self-employed professionals. Compare features, pricing, and benefits of top solutions to find the perfect fit.| Small Business HQ
Small business digital transformation can improve efficiency and overall operations. Check out this article to learn how to get started.| Patriot Software for Small Business
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
Review the various types of business structures and factors you should consider when selecting your type of business structure.| Patriot Software
As a small business owner, you work with vendors to get the goods you need to run your company. Understand what is a vendor here.| Patriot Software
If you own a business, you might have wondered, "What is a corporation?" Learn what a corporation is and how to establish one.| Patriot Software
