Bookkeeping

Free Accounting Software & Online Invoicing

Content Premium invoice templates Best free accounting software for small business Accounting App for Small Businesses That Offers Secure Online Payments Which Transactions Do Accounting Services Support? How To Choose Free Accounting Software Best Free Software ZipBooks is an up-and-coming accounting software program that launched in 2015. The software may be fairly new, but it …

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Cash or Accrual Accounting: How to Decide and What Happens if You Change Your Mind?

We believe that cash basis is fine for small businesses that are closely held and don’t have external reporting requirements. Businesses who use the cash method sometimes rely on accrual principles, even if they don’t record them in the books. If you’ve got a customer who owes you money, you’re counting the days until you …

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Shopify Accounting & Bookkeeping Automation Software

There are 1.7 million businesses across the world that use Shopify. Therefore, maintaining accurate financial records is vital for the seamless operation of any business, and Shopify stores are no exception. So let’s explore some of the key reasons why bookkeeping plays a crucial role in the success of Shopify e-commerce stores. Shopify allows integrations …

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Periodic Inventory vs Perpetual Inventory: What’s the Difference?

There is not a corresponding and immediate decline in the inventory balance at the same time, because the periodic inventory system only adjusts the inventory balance at the end of the accounting period. Thus, there is not a direct linkage between sales and inventory in a periodic inventory system. Under the periodic inventory system, all …

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