FitSmallBusiness

Accounting

Meet our Experts

Tim Yoder, Ph.D., CPA
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Mark Calatrava
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Eric Gerard Ruiz, CPA
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Danielle Bauter
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Meet our Experts

Tim Yoder, Ph.D., CPA
More about Author

Mark Calatrava
More about Author

Eric Gerard Ruiz, CPA
More about Author

Danielle Bauter
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FREE RESOURCES

Creative woman working with computer in the office

November 22, 2024

How to Use Excel for Accounting [+Free Templates]

Free Templates

Microsoft Excel is an incredibly powerful tool for accountants, especially when it comes to handling complex calculations that most bookkeeping software can’t. While I wouldn’t suggest relying on Excel as your main bookkeeping system, it’s perfect for filling in gaps where your primary tool might
Depreciation written on Notebook.

October 11, 2024

MACRS Depreciation Calculator + MACRS Tables & How to Use

Free Calculator

Our free MACRS depreciation calculator will show you the deductible amount for each year of the asset’s life. The IRS’s MACRS depreciation tables are included, along with an explanation of how to use them to calculate MACRS depreciation by hand. You need the following information to
Payment Overdue and pencil

March 2, 2023

How To Write a Collection Letter [+ Free Templates]

Free Templates

Writing a collection letter requires you to follow the right steps and use proper tone and language in your letter. When creating your letter, make sure that it’s concise and to the point, and include all the necessary information, such as the purpose of your
Featured Image of Vendor Onboarding Best Practices

May 19, 2023

10 Vendor Onboarding Best Practices [+ Free Checklist]

Free Checklist & Templates

We’ll provide you with 10 vendor onboarding best practices—from creating an onboarding plan and discussing business processes to sorting out required documents and documenting payment methods—that can help you design a smooth and productive onboarding process. We also have a free vendor onboarding checklist, as

LATEST ARTICLES

General ledger sheet showing journal entries with coins from various countries.

April 18, 2023

What Is the Specific Identification Method for Inventory?

WRITTEN BY: Eric Gerard Ruiz, CPA

Female employee working on documents.

April 17, 2023

Straight Line Depreciation Formula: How To Calculate

WRITTEN BY: Eric Gerard Ruiz, CPA

Wooden block with percentage symbol and up arrow.

April 17, 2023

Revenue vs Profit: Differences & When To Use Each

WRITTEN BY: Eric Gerard Ruiz, CPA

Two employee busy doing thier job.

April 12, 2023

Cost of Goods Sold: What It Is & How To Calculate It

WRITTEN BY: Eric Gerard Ruiz, CPA

Liability word written on cubes.

April 3, 2023

What Are Liabilities in Accounting? With Examples

WRITTEN BY: Eric Gerard Ruiz, CPA

Colorful Hanging File Folders Placed Drawer.

March 29, 2023

What Are Source Documents in Accounting?

WRITTEN BY: Eric Gerard Ruiz, CPA

Woman working on a financial spreadsheet document on her computer.

March 27, 2023

28 Important Accounting Statistics by Actual Experts

WRITTEN BY: Tim Yoder, Ph.D., CPA

Woman is holding a paper with charts printed on it while using calculator.

March 23, 2023

How To Set Up QuickBooks Online for Nonprofits

WRITTEN BY: Eric Gerard Ruiz, CPA

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