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Accounting Basics for Small Business Owners [By a CPA]

LyfeAccounting

But interestingly enough, many small businesses often neglect their accounting until tax time, or don’t do it all. As a CPA that studies and practices accounting, I know that accounting isn’t the most exciting thing in the world. In this post, I’m going to simplify the accounting basics for small business owners.

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Bookkeeping vs. Accounting: What’s the Difference Between Bookkeepers and Accountants?

Snyder

Sometimes grasping the difference between bookkeeping and accounting can be tricky. Both bookkeepers and accountants work with your finances, both help make your tax reporting a smooth experience. Bookkeeping vs. accounting: what is the difference between bookkeeping and accounting?

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Accounting advisory: What you need to know

ThomsonReuters

In today’s ultra-competitive business landscape, being an accountant means far more than preparing tax returns or compiling financial statements. Let’s take a look at the basics. What is accounting advisory? If a client comes to you with a question that goes beyond the scope of their tax return , put your radar up.

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Xendoo vs. QuickBooks: The Difference

xendoo

Let’s break it down and discover what will work best for your business: Xendoo vs. QuickBooks. . What Is Accounting Software? Additionally, you may miss out on important tax benefits, deadlines, and requirements if you simply try to do it all on your own. But which option will work best for you?

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Reconciliation in Accounting: Difficulties in Reconciling the Accounts

Snyder

In today’s article, we’ll examine why reconciling is important, what makes it difficult, and outline a secure and efficient way to do it in just two clicks. What is account reconciliation? Why do you need account reconciliations? Difficulties in reconciling accounts. How to do account reconciliation.