How To Calculate Profit Margin?
It's essential for small business owners who want to improve efficiency, compare financial performance, and secure investment(s) to know how to...
Bookkeeping 101: What Is Bookkeeping?
Some of the common questions about bookkeeping are: What is bookkeeping? How does it work? Who is a bookkeeper? How much...
Home Office Tax Deduction 2023
The home office tax deduction can significantly help you reduce expenses on tax returns. While the work-from-home culture is gaining momentum...
Small Business Tax Deductions Checklist 2023
The 2023 small business tax deductions checklist will help reduce the monies you pay to the government in a taxable year....
Tax Deduction Cheat Sheet For Small Business
Every small business needs a tax deduction cheat sheet to minimize expenses on taxes and maximize revenue. Google receives an estimated...
What Are Billable Hours? Setting Your Billable Rates
Billable hours is a value-based pricing method you use to ensure that every minute spent on a client's project is accounted...
Accounting Software for Accountants: 9 Things to Consider
So, you are a practicing accountant searching for the right accounting software for accountants. Your focus is small to mid-size businesses...
What are performance metrics? Why should small businesses track them?
Performance metrics give small business owners a benchmark to compare the efficiency of efforts toward achieving their goals in sales, production,...
What is Absorption Costing in Accounting?
Every production process has its related costs that are both direct and indirect. Absorption costing takes all of these into consideration....
What is a non-payment account in accounting?
Your business bank account can be a payment or non-payment account. What defines both are the functions or limitations. Bank accounts...