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evolution of accounting

The Evolution of Accounting Software

Thursday, October 19th, 2023

When you think about the history of accounting, images of dusty ledgers and handwritten columns of calculations might come to mind. But times have changed! Let’s look back at the evolution of accounting software to see how far we’ve come. Ancient Counters and Abacuses Accounting has...

fiscal year

Fiscal Year End

Monday, July 17th, 2023

Every business must manage its finances, and understanding the fiscal year is a crucial component in accomplishing that objective. The fiscal year is an integral part of accounting and tax reporting, but its start and end dates may not always align with what you...

bookkeeping

Why Bookkeeping Matters

Monday, May 15th, 2023

In the dynamic day-to-day of entrepreneurship, bookkeeping can be the stabilizing force that keeps your business running smoothly. It's not always the topic that sparks the most excitement, but it's undeniably critical for business success. Let’s take a closer look at what bookkeeping is,...

business tax deductions

Business Tax Deductions

Tuesday, January 25th, 2022

Lowering your tax liability is a primary aim of business owners. Did you know there are qualified expenses you can deduct from your taxes? This guide shows you some of the most common business tax deductions. Which Expenses Can I Deduct? You can claim deductions on...

assets and liabilities

Cash Flow Analysis

Tuesday, November 30th, 2021

Running a small business successfully requires that you know where you stand financially at any point in time. You need to have solid projections for future expenses and income, and you need a clear picture of how much available cash you have on hand....