Basic Accounting


Recent Basic Accounting Articles

If I Had a Great Year, I'd . . .

Graph displaying the results of small business survey that asked what would be done with a significant profit increase.  Read more

Benchmark: Farewell to Fast Payment?

A chart displaying D B data that suggests larger companies are not necessarily the quickest customers to make payments.  Read more

The Cash-Flow Quagmire

A cofounder tells a cautionary tale explaining the mistakes she made delegating control of cash flow to a controller.  Read more

Equipment Leasing: Keeping Short-Term Funds Free

A quick look at an office equipment leasing deal that explains why leasing can be a better strategy than buying.  Read more

Resource: Accounting 101

A short review of J. Tabet and J. Slater's book 'Financial Essentials for Small Business Success,' with purchasing info.  Read more

Benchmark: Money from Where?

A graph that shows various sources of capital and the percentage of growth companies that use these sources.  Read more

Tax Tip: Tax Free So Far? We Hate to Tell You, But...

An accountant offers a quick warning to companies that have yet to experience their first tax-positive year.  Read more

Advisers: You May Need the C in CPA

A CEO explains why he needed a CPA instead of a public accountant, and a CPA explains the difference.  Read more

Get the Cash, Keep the Client

Tips for writing collection letters that will preserve your customer relationships.  Read more

Running on Empty

Ways to manage cash flow.  Read more

When Friends Are Deadbeats

One CEO's strategy for collecting money from friends.  Read more

Managing People: Powerful Payroll Processing

A treasurer explains how he moved from calculating payroll by hand through a couple of computer system upgrades.  Read more

Accounts Payable: Bookkeeper in a Box

A drug-store owner talks about how he has solved many of his accounting problems with off-the-shelf software.  Read more

Inventory Control: High-Tech Salvage Yard

An auto-salvage businessman tells how he turned to technology to solve inventory tracking problems.  Read more

Better Returns on Spare Cash

If your company has spare cash, alternatives to bank accounts and CDs can help generate extra working capital.  Read more

Documenting Swap Deals

To help managers plan, company documents barter sales as separate listings on financial statements.  Read more

Assessing Deadbeats

How to assess the likelihood of a customer's paying its bill by analyzing sales trends and other factors.  Read more

Growing by Numbers

CEO of a growing chain of health clubs monitors performance using a key financial ratio.  Read more

What You Do (and Don't) Need

Guidelines for determining the proper financial report for your company.  Read more

The New ABC

A new accounting system helps managers identify all activities involved in their production.  Read more

Who's in Charge?

Benefits of appointing a cash-flow specialist to determine why money is or isn't coming into the company.  Read more

Know Thy Custom Costs

Accounting systems should reflect real total overhead costs and figure total costs and profits by customer.  Read more

Penny Wise

Two common mistakes growing companies make with their accounting systems.  Read more

The Inc. Network

Reader-to-reader advice.  Read more

Four Quick Ways to Cut Your CPA Costs

Tips on cutting the cost of using a CPA.  Read more