Insurance Journal Entry for Different Types of Insurance
A basic insurance journal entry is Dr Insurance Expense Cr Bank. Here are over 15 bookkeeping journals for different types of insurance activities by a small business.
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Home Office Expense Costs that Reduce Your Taxes
7 home office expense costs that can reduce your taxes when self-employed; see how to calculate the deductible portion and get the free excel sheet.
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Commission Income Defined and How to Account for Commissions Earned
Commission income is a portion of sale proceeds earned by a seller who doesn’t own the product sold. Here is how to calculate and record commissions in bookkeeping.
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What is a Trial Balance?
What is a Trial Balance? Check out this Trial Balance example and information
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What is Cash Flow
What is cash flow? Learn cash flow basics for small business, cash flow vs budget, plus get a free excel template.
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Cloud Bookkeeping | The Benefits
Cloud bookkeeping has its benefits such as near real-time reports and access to numerous apps for tailored accounting and business processes.
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Tips to Manage Money in a New Business
12 tips to manage money in new business: includes bank account setup, how to get customers to pay in advance, manage bill payments, understand flow of money and more.
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Managing Money Tips : Gain Control of Your Life
Managing money tips to help you organize your personal money and reduce overwhelm and stress. Set your goals, make a plan, avoid impulsive spending and debt.
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Accounts Payable Definition
Accounts payable definition: an account on a Balance Sheet showing the total of unpaid bills and invoices owed to suppliers/vendors summarized in a report.
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Accounts Payable Procedures
14 steps for accounts payable procedures including tips for managing invoices and statements, and settling what is owed to business creditors.
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