Basic Accounting


Recent Basic Accounting Articles

Money Talk

Holly Hitzemann, president and owner of Great American Stock, suggests that the key to building a good relationship with your banker is knowing how and when ...  Read more

Take This Job and Love it

Reviews of eight business books, including three books from CEOs on the angst and joys of building a company, three books on open-book management, and two bo...  Read more

Key Questions to Ask a Prospective CPA

Ask these questions of accountants before choosing one to work with your business.  Read more

Turning Assets into Cash

Focusing on receivables, collection, and inventory helps you manage working capital to avoid cash shortfalls and to prepare for future financing needs.  Read more

Choosing Accounting Software

Focus on the features to find the right accounting program for your business.  Read more

Establishing Credit Limits

Determine a customer's credit limit by evaluating the credit risk the customer poses.  Read more

Collection Techniques to Avoid

The authors argue that some collection strategies don't work as well as you might think.  Read more

Action Plan: Debt Management and Banking

Minimize your debt load and generate better profits for your business with this action plan.  Read more

Cost Control Basics

Trying to improve your company's cash flow? Don't overlook these time-tested strategies.  Read more

Letters

Readers react to articles from the April 1999 issue of Inc., including "How to Get Rich in America," by Edward O. Welles and "When Good Managers Manage Too M...  Read more

Clients You Can Live Without

Just because a client is difficult doesn't mean you have to write off your business relationship. Independent professionals give advice about working with pr...  Read more

Upstarts: Virtual Campuses

Here's how start-up University Access partnered with universities and PBS to sell long-distance learning programs. Plus: why corporations are likely customer...  Read more

Capital Steps

Lance Miller, the CEO of start-up Integration Logic Inc., explains why he isn't even trying to raise capital. Cash-flow and profitability, he argues, are the...  Read more

Hot Tip: Payroll Tax Strategy

If sales and payroll taxes go unpaid, company shareholders can be found liable. You can prevent this by hiring a payroll services firm.  Read more

How to Profit in the Coming Recession

CEO Brodsky explains why the imminent economic recession could actually benefit your business if you know how to prepare. He offers four steps to turning a f...  Read more

Choose or Lose

Judy Corson and Jeff Pope, cofounders of Custom Research Inc., realized they could grow their company by cutting their customer base in half.  Read more

To Big Five or Not to Big Five

Not many companies from this year's Inc. 500 list chose to be represented by expensive Big Five accounting firms. Here's a breakdown of the various accountin...  Read more

Hard Questions

Here's how Inc. 500 CEOs answered 10 difficult questions, including "Should I take my company public?" "How can I keep my employees?" and "Should I ...  Read more

How Do I Know I've Outgrown My Start-up Team?, Accounting/Bookkeeping Article

An Inc. 500 CEO describes the difficult management challenges that accompany fast growth.  Read more

A Decided Advantage

The president of Create-It! reviews Definitive Scenario, a model-building software package that uses spreadsheet data to develop forecasts, pricing strategie...  Read more

Do I Need a Top-Tier Accounting Firm?

If you're planning to take your small company public, you probably don't need to go to a Big Six accounting firm. Here are some affordable alternatives.  Read more

What's Hot: Analyzing Financials

A guide to books and Web sites dedicated to helping entrepreneurs brush up on their financial-management skills.  Read more

What's Hot:Collections

A guide to books and Web sites devoted to improving bill collections.  Read more

Business in a Box

A product review of ProvenEdge, a single software package that handles accounting, bill paying, invoice tracking, financial reporting, and word processing.  Read more

How to Collect from Clients: Walk the Walk, Talk the Talk

Collecting payment from clients is a matter of negotiating terms in advance, separating collection and business functions, and keeping internal accounting sy...  Read more

Hire Finance

At what point in your company's growth are your bookkeeper and controller out of their league? A look at choosing the right time to hire a CFO, where to find...  Read more

A Daily Dose of Numbers

Tracking numbers on a daily basis can help you spot signs of trouble in your business.  Read more

The Rapid-Reimbursement Expense Report

If a cash report or a calendar can be sent out via e-mail, why can't an expense report be sent the same way?  Read more

Excellent Service from External Accountants

CEOs appreciate the value of outsourcing their accounting departments.  Read more

But the Savings Aren't Under the Mattress

This soloist fends for himself without the help of any financial software.  Read more

Slow Boat to Payment

A CEO makes suggestions for selling to a slow payer.  Read more

Terms of Endearment

Don't sign on new customers until they've agreed to your payment terms.  Read more

Around the World in 30 Days

Here are some strategies for ensuring payment when selling in foreign markets.  Read more

Volunteer for the Draft, Import/Export Financing Article

The president of an export company urges suppliers to "participate in drafting a letter of credit."  Read more

Letter-Perfect Credit

A recommendation on terms to include when negotiating an international letter of credit.  Read more