Business Accounting

Keeping your books in order is key to running a successful business. Learn how to do it right with tips on managing debt, tax obligations, and more.

How to Pay Yourself as a Small Business Owner
Business owners can pay themselves through a salary, a draw, or a combination of both. Learn what’s best for your needs.
October 10, 2024 · 10 min read
How to Open an LLC Bank Account: 2024 Guide
Opening a bank account for an LLC is an important step for your business. Learn how to open an LLC bank account to separate your personal and business finances.
September 24, 2024 · 13 min read
What Are the Codes in Form W2 Box 12?
Form W-2 can appear overwhelming, particularly Box 12 with its long list of technical codes. As an employer, it is up to you to furnish accurate information with the correct presentation. Start with an understanding of what the codes represent.
September 3, 2024 · 3 min read
Harness the power of mobile payments to grow your business
Accepting mobile payments can bring in customers faster than an expensive ad campaign. Learn how using this new technology can help grow your business—without breaking the bank.
September 3, 2024 · 2 min read
4 Types of Financial Statements That Every Business Needs
Whether you're looking for investors for your business or want to apply for credit, you'll find that these four types of financial statements can help you.
August 27, 2024 · 9 min read
Business vs. Personal Expenses: What Is Deductible?
Business and personal expenses are like oil and water—they shouldn't mix. Here's how to keep them separate, and what to do when they overlap.
July 30, 2024 · 8 min read
What Is Accounts Receivable?
No trick question here—accounts receivable is exactly what it sounds like. Accounts receivable represents money owed to a company for goods or services it has already delivered. Learn why it is such an integral and telling part of a company's financial picture.
July 30, 2024 · 3 min read
What Are Operating Activities?
Operating activities track the heart of your business. Here's how to calculate and understand one of your company's most vital metrics.
July 30, 2024 · 3 min read
What Are Financing Activities?
Cash flow from financing activities reveals the health and direction of a business. Understand financing activities with this quick guide.
July 30, 2024 · 3 min read
What Is a Trial Balance?
While a trial balance is not a financial statement, this internal report is a useful tool for business owners. It lists all of the account balances in the general ledger. It is also used at audit time to see the impact of proposed audit adjustments.
July 29, 2024 · 2 min read