Setting up the books for your small business can be quite overwhelming. Unless you have prior accounting or bookkeeping knowledge, you will need some help getting started with QuickBooks. Luckily, you don’t need an accounting background to complete the QuickBooks setup process; our step-by-step course was created just for QuickBooks beginners like you. QuickBooks offers…
All Accounting Articles - Page 10
4 Best Xero Competitors
While Xero remains one of the best accounting software options for small business, there are plenty of Xero competitors that might be a better fit for you, whether you need a more affordable or easier-to-use solution. We look at some of the big names in accounting and bookkeeping to help you find the best choice….
Find Bookkeeping Services for Your Small Business in 6 Steps
Selecting the right small business accounting services will require you to invest some time. Finding the best bookkeeping services for small businesses requires six key steps: identifying your needs, deciding what tasks to keep, getting referrals, deciding between a virtual or local firm, identifying quality candidates, and asking the right questions. Bench, the sponsor of…
How to Set Up Xero – Step-by-Step Instructions
Bookkeeper is one of the many hats small business owners wear. If you’re like most small business owners, you probably don’t have an accounting or bookkeeping background. That’s why you need accounting software program like that’s easy to use. Our free Xero training courses will help you get your busy setup in no time. Xero…
14 Best Free Time Tracking Software Options
Learning how to properly bill time can be a tricky concept to master. In this guide, we uncover the 14 best free time-tracking software options that can ensure accurate billing to your customers, or accurate payment to employees/contractors who have performed the work. These provide a great alternative to manual time sheets and will work…
Xero Accounting Software & Alternatives
Xero is an affordable, user-friendly accounting software that is capable of managing all of your business income and expenses. Pricing plans run between $9 to $60 per month, which is more than FreshBooks and Wave but a little less than QuickBooks. Wave includes similar features to QuickBooks with one exception ― no live customer support….
10 QuickBooks Invoice Templates [+Free, PDF, Custom Templates]
The best QuickBooks invoice templates will include all the pertinent details you need to provide your customer so you can get paid. This includes a detailed description and cost of products/services, payment due date and your contact details should they have questions. QuickBooks Online invoice templates help you save time and bill customers faster. Free…
Xero vs. QuickBooks Online: Price, Features, & Who’s Best in 2019
Xero and QuickBooks Online are even in the features they offer, but your business situation will determine which is right for you. If you need to give a lot of users access to your data, choose Xero because it includes unlimited users. However, if you prefer an accounting software most accountants use, choose QuickBooks Online….
Car Depreciation: How to Calculate Your Vehicle Depreciation Deduction
Entrepreneurs who drive cars, trucks, vans, or SUVs for business can deduct part of the vehicle purchase price from their taxes. The purchase price is typically deducted over one to five years using a process called depreciation. Three methods for calculating car depreciation are the special depreciation allowance, modified accelerated cost recovery system (MACRS) depreciation,…
Bookkeeper Salary: Full Charge, Certified, Part-Time & More
The average bookkeeper salary is $18.87 per hour ($39,270 per year), per the Bureau of Labor Statistics. In this guide, we cover the average bookkeeper salary by state and provide tips on how to increase your earning potential up to 10 percent above average. Your education level and work experience impact these figures. Current State…
How to Account for Employee Expenses [+Free Expense Report Templates]
Employee expenses on your books are business expenses an employee pays for with their own personal funds or a corporate card and reimbursed later by the employer. The most common expense reimbursements are for airfare, hotel and meals. A written expense policy and a standardized expense report template will save time and help keep employees…
Xero vs. Wave Accounting: Price, Features, & Who’s Best in 2018
If you have a service-based business that does not sell any products, choose Wave. However, if you sell products and need the ability to stay on top of supplier bills, Xero has few limitations. Unlike Wave, Xero includes automatic tracking of all inventory, the ability to print checks to pay your bills, and payroll processing….