Accounting for a small business using Microsoft's Excel often requires the use of figures from one year as part of the accounting necessary for the next year's figures. Rather than keep a continuous ...

The generally accepted accounting principles give an accounting guideline that allows third parties to fairly evaluate account records. The Federal Accounting Standards Advisory Board keeps a handbook ...

Every dollar matters when running a small business, and specialized software costs can start to add up. There are more than a billion Microsoft Office users worldwide, so there's a good chance your ...

Have you ever found yourself staring at two Excel sheets, trying to figure out why the numbers just don’t add up? Reconciling your bank statement with your accounting records can feel like searching ...

Reviewed by Charlene Rhinehart Fact checked by Vikki Velasquez Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the ...