What is Accrual Accounting?
What is accrual accounting? What small business does this method fit? Can your company apply it? What is the IRS's take? ...
Small Business
What is unlevered free cash flow and how to calculate it
Before understanding unlevered free cash flow, we'll break down the terms unlevered, cash flow, and free cash flow. Businesses treat cash...
What is a Good Liquidity Ratio? Types and How to Calculate it
A good liquidity ratio is essential in a small business sorting out its day-to-day expenses. The higher the liquidity ratio, the...
Unapplied cash payment and how to reconcile transactions
This article will discuss an unapplied cash payment and how to reconcile such transactions. Small business owners sometimes receive or make...
Service charge vs Tip: What is the difference?
Understanding service charge vs tip will save you headaches when filing your finances with the Internal Revenue Service (IRS). Service charges...
Unreimbursed Employee Expenses: What are they?
To understand unreimbursed employee expenses, let's look at a situation you've possibly been in when dealing with friends. So, your friend...
Consigned goods and your business finances
Starting up a business has its challenges. From thinking up an idea to birthing it, purchasing the required tools, producing goods/services,...
Premium Cloud: Connect Bank Account, Double Entry, 2FA + more
Connect Bank account for on-demand bank feeds, manage COA, Inventory, and Permissions, and do accounting as you should. Akaunting Freemium offers...
Open Source Accounting Software and 6 Benefits
Akaunting is free and open-source accounting software that gives you complete control over your finances. Your business financial data belongs to...
Free Online Accounting Software
Accounting? Every growing small business needs one to avoid getting into the books of the IRS or local authorities. Free online...