A basic tenet of double-entry book-keeping is that total assets (what a business owns) must equal liabilities plus equity (how the assets are financed). In other words, the balance sheet must balance.

As a small business owner, you're keenly aware that your business's success hinges on growing profits and managing losses. With the right accounting software, you should have a direct, ...

Free accounting software helps small businesses keep track of where their money is coming from and going to without having to pay a subscription fee. Free options likely won’t check every box ...

The success of your business hinges on how well you manage its financial health — and accounting software can be key to helping you build a solid financial foundation on which your small ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Rebecca Freedman, owner of Conscious Accounting, is a Certified Public ...

A balance sheet shows your company's assets ... These terms certainly don't represent all there is to know about small business accounting, but they're a good starting point.

Commissions do not affect our editors' opinions or evaluations. Accounting software helps small business owners track their financial accounts, income and expenses, prepare for tax season and keep ...