Unearned revenue may be a liability on the books but it does have many benefits for small business owners.
Your PayPal account is blowing up. Now, are your books balanced?
Buried in small business debt? Follow this plan to dig yourself out.
The main difference between cash basis and accrual accounting is the timing of when revenue and expenses are recognized. Which method is best for your business?
What does an accountant do? And how can you find a good one?
Understanding how income statements and balance sheets work together can help you plan your business's future growth.
That "retained earnings" line on your balance sheet matters a lot—here's how to make sense of it.
You need to make an important distinction every time you hire paid help. Is the worker an employee or an independent contractor?
How do you pay yourself when you're the boss?
Sign up for a trial of Bench. We’ll do one month of your bookkeeping and prepare a set of financial statements for you to keep. No pressure, no credit card required.