Debits and credits are one of the foundations of accounting, but what are they? How do they work? And why do they matter? We’ll answer these questions and more.
Archive for the ‘Accounting, Bookkeeping, Invoicing’ Category
Need a way to balance the books without breaking the bank? Here are seven bookkeeping software options that are secure, reliable, full-featured, and best of all — free.
FreshBooks is an easy to use bookkeeping software, but it isn’t without its faults. Here are the best alternatives to FreshBooks for businesses looking for a fresh start.
Ready to start sending invoices and receiving payments from your customers? Here are the best invoicing software options to help you run a more successful small business.
Looking for an accounting definition? We cover all of the basics in our quick guide to accounting terms, so you can quickly understand important accounting terms and get back to running your business.
Applying for small business loans can be stressful. But it wouldn’t be so bad if you knew exactly what lenders are looking for, right? One of the biggest factors in lending decisions is your debt service coverage ratio (DSCR). But what is the DSCR and how can you figure out what yours is? In this post, […]
One of the most important business finance decisions has nothing to do with budgets or COGs and everything to do with which accounting method you choose. Learn the difference between cash basis and accrual accounting to see which method your business should be using.
When you pay your employees a wage, you should also provide them documentation about their pay. A paystub is a form of communication between an employer and an employee, and it communicates with full transparency wages earned, taxes paid, and deductions removed. Employers should understand the information on a paystub in order to help explain […]
Job costing allows businesses to create project budgets and more accurately predict the profitability of their jobs and projects. We break down exactly how job costing works, what job costing software options are out there, and which businesses should be using job costing to manage their profit and loss.
Lending by Wave is a business financing service offered by Wave in partnership with OnDeck. Through Lending by Wave, you could get a short-term loan or a line of credit. Is it a good deal? Learn everything you need to know in this article.