Accounting, Bookkeeping & Tax Blog

Your small business resource for accounting, bookkeeping, and taxes from our experts.

What is Double-Entry Bookkeeping?

Double-entry bookkeeping is a system of bookkeeping that provides a more detailed view of your financial transactions at a glance. The double-entry bookkeeping system also complies with rules and requirements of the US generally accepted accounting principles (GAAP). For those new to bookkeeping, double-entry bookkeeping can seem complex. We’ll break down what you need to know […]


7 Easy Bookkeeping Tips for Entrepreneurs

Managing finances is one of the most challenging aspects for entrepreneurs or those just starting a business. Bookkeeping, in particular, can seem daunting, given the multitude of transactions, receipts, and invoices that need to be tracked and organized.  Maintaining accurate financial records is crucial when assessing the health of your business. It allows you to […]


How to Create a Simple Bookkeeping Spreadsheet for Your Business

Efficiently managing your business finances may seem like a challenging task, but with a well-structured bookkeeping spreadsheet, you can easily track your financial transactions. Whether you decide to create the spreadsheet yourself or to work with an accounting professional, understanding the different types of accounts is crucial. In this article, we’ll outline the key aspects of […]


Bookkeeping for Truckers: 5 Tips to Keep Your Finances In Order

Truckers have a lot on their plates. Between long-haul deliveries, managing their schedules, and maintaining their vehicles, there isn’t always much time to dedicate to bookkeeping. However, bookkeeping for truckers is just as important as it is for independent contractors in other industries. The bookkeeping process is very detailed, requiring you to have your documents, […]


A Guide to Small Business Expense Tracking

Tax season is right around the corner. Now is the time to prepare your small business taxes. This includes everything from invoices, receipt books, bank statements, and any records pertaining to your small business expenses. Maybe you’re well-prepared and already a pro at keeping a detailed daily expense tracker. Or maybe you’ve let some things […]


Virtual Bookkeeping: How To Find the Best Online Bookkeeper

Bookkeeping is something that all businesses will benefit from starting. When it comes to how you do your bookkeeping, you may not know that you have options.  Virtual bookkeeping is a bookkeeping option that may be right for your business, and it has advantages and differences. Learn more about how to hire the best bookkeeping […]


What is Considered Accounts Receivable: Everything You Need to Know

Understanding accounts receivable is an essential aspect of your business’s finances and payment terms. Accounts receivable are legally enforceable claims for payment held by a company for goods supplied or services rendered that customers/clients have ordered but haven’t yet been paid for. What is Accounts Receivable? Accounts receivable is goods, money, or services owed to […]