An S corporation, no matter how small, must account for business transactions throughout the year. This is necessary to comply with federal and state tax reporting requirements at the end of the year.

With tax season just around the corner—the IRS has announced that filing season will open on Monday, Jan. 29, 2024—many taxpayers are scrambling to get their records together and bracing to find out ...

Bookkeeping is the process of maintaining an accurate record of a company's business transactions. Business reports are generated using bookkeeping numbers and used to help maintain profitability.

The ability of accounting software to adapt to business expansion represents a fundamental requirement for selection. A small ...

We take you through our simple and easy-to-follow guide to find out if double-entry bookkeeping is right for your business.

Let’s face it: Bookkeeping is not one of the joys of life. To make matters worse, traditional bookkeeping software, such as QuickBooks, can seem absurdly complex, especially for entrepreneurs and ...

Tax season catches the general public’s eye, and the future of auditing is very much a high-profile issue these days, but the third pillar of traditional accounting practices, bookkeeping, is facing ...

Accounting software gives businesses a straightforward, affordable way to automate bookkeeping and accounting tasks, avoid costly errors and save energy on time-consuming financial tracking processes.

Personal computers revolutionized a lot of things, including the way that bookkeeping and accounting is performed. Before the Apple //, TRS-80, and IBM PC, bookkeeping was a manual process, and ...