Although not too common anymore, many insurance agents used to hand-deliver policies to businesses they worked with. If you still believe in old-fashioned face-to-face interactions with those whom you do business with, you'll be facing some travel expenses. Start your…

Expense is an outflow of cash or diminution in the value of an asset. Individuals, sole traders, Partnerships, companies, corporations—all cannot survive without keeping proper accounts. With accounting information, businesses can evaluate the direction they are heading in and, accordingly,…

Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping…

Indeed, having a significant revenue growth can boost your net income, but if your variable costs increase as your revenue increases, the profit will be the same. Here an important concept to check is the contribution margin covered in our…

Includes tools that help automate the reconciliation process; auto-categorizes transactions for you, but you can’t set up your own bank rules; no global search function. We believe everyone should be able to make financial decisions with confidence. Today’s leading accounting…

Alternatively, a company can create its own custom accounting program if it can’t find something suitable on the market. This can be costly and isn’t the best option for many small businesses. Business.com’s editorial team employed a thorough approach to…

The platform is known for its intuitive design, mobile accessibility, and robust reporting, making it a valuable solution for businesses looking to streamline their accounting processes and focus on growth. It offers a simple and easy-to-use cloud-based platform to help…

Bookkeepers play a vital role in managing financial records, while accountants offer valuable expertise and financial advice. Depending on your needs, you may want to consider working with both a bookkeeper and an accountant. Since accountants use the information gathered…

You can use the pricing tool on the Bookkeeper360 website to test out all the pricing combinations for each plan. Some bookkeeping services can provide a full suite of bookkeeping, accounting and tax services. accounting and bookkeeping services Examples include…

For example, if your cash reserves are reducing rapidly, cutting costs or finding new revenue sources can be the right way to go. By understanding your cash flow, you can make better data-driven decisions about a new project investment or…