Author: Julia Valdez

There are a lot of things involved in the payroll process. Manually inputting employee time-ins and time-outs, tax processes, printing paychecks, etc. takes a lot of resources when you think about it. If you want to be more efficient with your time, money, and effort, and simplify your payroll and other related processes, then maybe… Continue reading The 5 Best Online Payroll Software for Small Businesses

We highly recommend that you use accounting software online so that you can enjoy the greater convenience that it provides. This will help you ensure that you are always prepared with organized records ahead of tax season deadlines.   In this post, we’ll show you our 5 favorite accounting software tools for small businesses. They… Continue reading The 5 Best Accounting Software Tools for Small Businesses in 2022

Accrual vs cash basis accounting is basically a matter of timing. The accrual method immediately recognizes expected revenue and expenses, while the cash method reflects actual revenue and expenses.   In this post, we’ll explore this difference further and talk about how to decide which method you should use.   What Is Accrual Accounting?  … Continue reading Accrual vs Cash Basis Accounting

Accrual accounting is one of the two most prominent accounting methods (the other being cash basis accounting). The accrual accounting method gives better insight into a company’s business operations from a financial perspective. It looks at revenue and expenses in tandem at the times that they are generated.    Smaller businesses may benefit more from… Continue reading What is the Accrual Accounting Method and When Should It Be Used?