A bookkeeping system is merely an established method of tracking income and expenses so that you can readily tell how your business is faring. Although specifics can vary among companies, most adhere ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Bookkeeping is the recording of financial transactions. The purpose of bookkeeping is to create a record of financial transactions that can be summarized for various uses. Bookkeeping systems range ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

Understanding these concepts can help you make smarter financial decisions in the long run and day to day. Many, or all, of the products featured on this page are from our advertising partners who ...

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

Managing financial information is, by far, my least favorite part of being in business for myself. Don’t get me wrong, I like the money, but time tracking, invoicing, bill collection, monthly ...