Businesses rely on their accountants to report accurate information. The owners and managers use this information to make decisions on behalf of the business. The accountant records financial ...

Under the accrual basis of accounting, you must record revenues and expenses in the accounting period in which they were earned or incurred, regardless of when payment occurs. An adjusting entry is a ...

Using QuickBooks® effectively is a learning process. Set realistic expectations about what QuickBooks can do for you and develop your action plan on how you are going to learn to use the various ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.