Knowing the difference between the two main accounting methods for small business is important and when each method is the best choice is important.| www.fundera.com
Here are the three best tax preparation software for small business owners, and a guide to choosing the tax software that's best for you.| www.fundera.com
Getting small business accounting software for free is possible. We review your top eight options here.| www.fundera.com
Here's what’s included in interim financial statements, how they differ from other financial statements, and how to create interim financial statements.| www.fundera.com
If you’re going to hire an accountant, it should be a vetted and verified Certified Public Accountant. Learn the difference.| www.fundera.com
To get a grip on your business’s finances and grow your company, you need the right tools. Here are 7 popular small business accounting tools to consider.| www.fundera.com
Learn the differences between Xero vs. QuickBooks Online and decide which is the right accounting software for your business.| www.fundera.com
Besides reconciling accounts each month, exactly what do bookkeepers do?| www.fundera.com
What happens if your business gets audited, and what can you expect during the process? Here's what you should do if you're notified about an IRS audit.| www.fundera.com
Small business owners often try to save money by doing without an accountant. But, you could be selling your business short by not hiring an accountant.| www.fundera.com
Do you need an accountant for a small business? Most successful business owners who work closely with an accountant believe it's an absolute must.| www.fundera.com
Getting the basics of small business accounting in order, early on, will keep you out of the weeds and onto the important work of growing your business.| www.fundera.com
Current asset formula indicates a business’s short-term financial health. If assets exceed liabilities, you have enough assets to pay off short-term debts.| www.fundera.com
Here’s what you need to know about preparing and analyzing your cash flow statement to best inform day to day decisions about your business spending.| www.fundera.com
Accounts receivable turnover sounds like a concept that can make your head spin, but understanding the concept to improve business isn’t too hard.| www.fundera.com
Two cash flow reports that every business owner should know are the statement of cash flows and the cash flow forecast. Here’s an easy cash flow formula.| www.fundera.com
As your business grows, though, your accountant might encourage you to make an S-Corp election status in order to leverage certain tax benefits. If this is the case, you will have a different form to file: Form 1120S.| www.fundera.com
Do you know the difference between bookkeeping vs. accounting? Knowing the difference can ensure you hire the right professionals to advise you.| www.fundera.com
A key tool for every small business owner is a profit and loss statement. We break it all down here.| www.fundera.com
When it comes down to it, a business accountant can save your business thousands and make your life that much easier. But how can you find the right one?| www.fundera.com
Your accounting balance sheet needs to be complete and accurate. Here's how the balance sheet works, how to analyze it, and how to review it.| www.fundera.com
Take a below-the-surface exploration to see how the business is performing and look carefully at the P&L. Here's how to find gross profit.| www.fundera.com