Category : Finance

One of the most important elements in crafting a successful and financially healthy business is developing and implementing an effective cash flow management strategy. From...

How To Create Custom Reports in QuickBooks Desktop Whether you’re using QuickBooks Desktop or QuickBooks Online for your accounting software, experienced users already know that...

In a business climate radically altered by both digital transformation and major disruptors such as the COVID-19 novel coronavirus pandemic, companies who want to compete,...

What are consolidated financial statements? The Financial Accounting Standards Board or FASB defines consolidated financial statements as the reporting of an entity structured with both a parent company and its subsidiaries. A single...

Is Finance a Good Career Path? The finance field can be a highly lucrative, financially rewarding career path. Most financial careers offer benefits such as...

What is accrual accounting? Business owners can choose from two different accounting methods: cash basis accounting or accrual accounting. Cash basis recognizes revenue when it’s received, not when it’s earned. For example,...

Today’s global economy runs on data. Companies who want to compete successfully need tools to capture, organize, and analyze information faster and more accurately than...

As a business owner, you understand the importance of having access to accurate financial statements. But the typical financial statements which include income statements and balance sheets only tell a...

In 1999, NASA lost its $125-million Mars Climate Orbiter because of a simple math error—its spacecraft engineers couldn’t convert English to metric measurements when exchanging...

QuickBooks for Manufacturing Accounting for manufacturing can present a unique set of challenges. Not only do you need an accounting software application designed to manage standard income and...