The accounting cycle is the accounting process of recording, summarizing and presenting business and financial information to a company's interested parties. The accounting process consists of a ...

Evan Tarver has 6+ years of experience in financial analysis and 5+ years as an author, editor, and copywriter. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Restaurant accounting has specific needs and features. Here's a look at restaurant accounting methods and expenses, how tips ...

While bookkeeping and accounting are both essential business functions, there is an important distinction. Bookkeeping is responsible for the recording of financial transactions. Accounting is ...

Payroll accounting helps employers stay on top of what they owe employees and understand how worker compensation impacts cash flow. Accounting is a critical part of every business, but have you heard ...

When a business engages in any economic activity, such as selling goods, purchasing supplies or paying salaries, these events must be recorded in the financial books. This is the first phase of the ...