Small business owners take on a range of responsibilities that are handled by specialized departments in larger companies. Accounting is often one of these functions, especially in the startup phase.

The accounting cycle involves eight essential steps for accurate financial reporting. Transactions are recorded and allocated to accounts in the general ledger. Discrepancies are identified when total ...

Step By Step Accounting, led by Melissa L. Miranda, CPA, was named among Woodards Top 50 Accounting Practices at the Scaling New Heights Convention in St. Louis this past June. The Woodard Top 50 are ...

Are you starting a new business and feeling overwhelmed by bookkeeping and accounting? In this video, Chris shares his ...

As a small business owner, taking the time to set up your QuickBooks account correctly is an important effort.

In selecting a mid-range accounting system to recommend to clients, there are a few more areas that you (and they) should give some consideration to. Possibly the most important of these is whether ...

Revenue recognition is an accounting principle that determines when a company may record earned revenue. It reflects the ...

When running a small construction business, you need to account for your revenues and expenses. You can achieve this task by following the accounting cycle -- that is, the chronological events of ...