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Accounting Tips

Accrual Accounting Vs. Cash Basis Accounting

Keeping accurate accounts as a small business takes two major forms; accrual accounting and cash basis accounting. Both account types have benefits for either long-term or short-term purposes. Learn the difference between the two here. Read more

Carol Nachbaur
Accounting Tips

The Accounting Terms You Need to Know

Learn the basic accounting terms that you need to know. Whether you handle your own accounting or outsource somewhere else, there are common accounting terms that everyone should be aware of. Read more

Carol Nachbaur
Accounting Tips

What is a cash flow statement?

A cash flow statement reports the financial transactions of a business which entails both an income statement and a balance sheet. Learn all about cash flow statements, their importance, and how to make one. Read more

Carol Nachbaur

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