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How to Balance Your Cash Drawer Like a Boss
Balancing your cash drawer is an essential part of your business’s daily routine. Just like…
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Resale Certificate, the Get Out of Tax Free Card
Almost everybody in the majority of states pays sales taxes at the time of purchase.…
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How Familiar Are You With the Different Types of Liabilities in Accounting?
As a business owner, incurring debts is inevitable. In fact, the average small business owner…
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Managing and Recording Cash Receipts in Your Small Business
If you’re a small business owner, you likely receive cash payments from your customers. And…
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How’s Your Small Business General Ledger Lookin’?
Your business’s general ledger plays a significant role in forecasting the financial health of your…
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What Is an Owner’s Draw in Accounting?
As a business owner, you likely pay wages to employees. But when it comes to…
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How to Create and Update Your Cash Disbursement Journal
Does your small business work with cash? More than likely, the answer is yes. And…
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What Is an Expense Account?
Out of 400 survey respondents, 91% said they’d be more efficient if their workspace was…
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Does Your State Have a Throwout or Throwback Rule for Corporations?
When it comes to company taxation, each state has its own set of laws for…
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License to Sell: Your Guide to Applying for a Sales Tax Permit
Many businesses need to collect sales tax from customers. But before you can start collecting…