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How to Set Up Price Levels for Your Business

Setting up pricing levels for business will be necessary for maintaining a profit and making sure you and possibly your employees are...

What is an Accounting Cycle?

An accounting cycle is a process that is used to conduct the financial side of a business when transactions (income and expenses) occur...

12 Things That are Tax Deductible for Small Businesses

Business owners are able to deduct several items from their taxes if it is an expense used for and by the business. An item that lowers a...

Two Types of Financial Accounting Methods

Every business should have an accounting method to track its finances. Accounting methods are used when reporting both revenues and...

10 Things Every Small Business Should Know About Bookkeeping

1. Separate Business from Personal: Keeping your business expenses separate from personal will help you better organize your company's...

Cleaning Your Books Checklist

Keeping your books clean is extremely beneficial for your business. Not only does it help during tax season, but it can also help you see...

What Are Different Payment Methods My Clients Can Use?

Every business will have its own preferred method of billing customers and clients. For instance, if you have an online shop with Etsy,...

How Should I Track My Bills?

As annoying as it can be to track bills, it’s absolutely necessary for your business. Tracking all of your account payable items in your...

How Should I Provide a Refund?

Issuing refunds is a part of almost any kind of business whether you offer services or products. Maybe someone overpaid an invoice, a...

What Is Sales Tax?

Sales tax is calculated based on a percentage of your products and services sold, and it’s a consumption tax that is a part of almost all...