Small companies can choose from three different options to prepare their company's financial statements. One option is accrual basis accounting, which is based on generally accepted accounting ...

A basic question for any business is whether you keep your books on a cash or accrual basis. In QuickBooks, it's a question you usually answer when setting up your company in the program for the first ...

TheStreet's Robert Powell caught up with Jeffrey Levine, CPA, and nationally recognized thought-leader within the financial planning community. He explains the difference between accrual basis and ...

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 ...

Relatively early in a law firm's existence, a decision is required concerning whether to report financial activities to the Internal Revenue Service on a "cash" or "accrual" accounting basis.

When you find the right accounting software for your small business, everything seems to click into place. Managing invoices goes from a headache to a routine task. Detailed income and expense reports ...

Enterprise accounting software is designed for large companies and businesses. Here are the top seven enterprise accounting software suites. Oracle NetSuite ERP (NetSuite) is an enterprise solution ...

The best accounting software for multibusinesses should help you track the profit and loss, financial position, and cash flow of all business units or segments. Ultimately, the best accounting ...