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're like most business owners, you probably have some business liabilities. But, what are the different types of liabilities in accounting?| 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
Business owners are likely responsible for managing, accounting for, and reporting inventory. What is inventory, and how should you handle?| Patriot Software
What is an income statement? Do I need one for my small business? Find out how income statements can help you control your financial health.| Patriot Software
If you own a small business, you need to know how to file a small business tax return. Learn more about filing a business tax return here.| 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
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
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
Understanding accounts receivable will help you know how much customers owe you. What is accounts receivable?| Patriot Software