Learn more about fixed and current assets, examples of fixed assets vs. current assets, and recording assets on your balance sheet.| Patriot Software
How do you compute owner's equity in your small business? How does it relate to market value, assets, and liabilities?| Patriot Software
Are your books balanced? What's the accounting equation and how does it help? Use the accounting equation to see the balance of your books.| Patriot Software
As a small business owner, you need an organized way to track your accounts. The small business general ledger can help you.| Patriot Software
What is business net worth? We break down the asset and liability figures found on your balance sheet to determine your net worth.| Patriot Software
Your business balance sheet helps you organize your assets. But before you can begin accounting for them, you have to learn about assets. What are assets?| 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
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