Double-Entry Accounting: What It Means and How It Works Your email has been sent Double-entry accounting is a system of recording transactions in two parts, debits and credits. This method of ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

If you own a small business that offers group health insurance to employees, you likely pay a portion of the employee's premium while the employee pays the remainder. Each pay period, after making ...

If your small business used a mortgage for a home purchase, a journal entry affects the property, mortgage payable and cash accounts. If you paid all cash for a home, a journal entry affects the ...

A new AI-driven app called Talk is now available that allows business owners to audibly speak their daily personal and work transactions into the app, which then categorizes the transactions and ...

Discover how accounting software aids financial transactions, simplifies audits, and saves space. Explore types, benefits, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...