Understanding the Key Components of a Balance Sheet A balance sheet is a fundamental financial statement that provides a snapshot of an organization’s financial position at a specific point in time. Whether you’re a business owner, investor, or non-profit manager,
Understanding Profit & Loss Statements The profit & loss statement (P&L) is one of the three main financial statements that companies use to analyze business performance. It provides a snapshot of a business’ profit and loss by summarizing its revenue,
Non-Profit Accounting: Understanding The Basics Have you ever been curious about what steps it would take to start your own nonprofit? As with every business, the place to start is with how to account for one. Knowing what goes into
How Digital Wallets Are Changing Business In recent years, you’ve probably become more and more comfortable with the idea of online banking. Some banks and companies have even begun offering fully digital checking accounts. The success of Paypal, Venmo, and
Quickbooks App Store QuickBooks is one of the most widely used accounting software solutions for small businesses. One reason for that is the range of features it offers right out of the box. However, sometimes businesses may need it to
Bank Feed Basics As we mentioned in a previous blog, Bank Feeds are one of the best tools in Quickbooks online. It alleviates a lot of the stress and time it takes to hand key transactions in Quickbooks. When utilized,
Benefits of Quickbooks Online QuickBooks Online has grown to be the most widely used accounting software by small businesses. But how do you know if QuickBooks Online is right for your business? To help with your decision, we’ve outlined the