If you’re going to provide the voided check electronically, don’t just send it out in the open, in a standard email message. Take steps to hide your account information from…

This ensures there are no delays in receiving your payment. Voiding a check may seem as simple as just writing “void” across the front. However, there are a few details…

The general ledger makes it possible to manage a company’s finances. It is used to track revenue and expenses, as well as provide the status of the company’s financial health.…

They can include liabilities, assets, equity, expenses, and revenue. By no means are these the only accounts that will show up in the ledger. As a business has an expansive…

Luckily, when you file your taxes, there is a deduction that allows you to deduct the half of the FICA taxes that your employer would typically pay. The result is…

The federal tax withholding calculator, or W-4 calculator, helps you determine how much federal income tax should be withheld from your pay. It considers your filing status, income, dependents, and…

With these tools, you can remain actively engaged in your own financial decisions every day. Kruze’s calculator tells you how much it will cost to prepare your startup’s tax return.…

If any of these warning signs resonate with you, it may be time to hire a bookkeeper. But before you do, let’s look at some questions you should ask yourself…

The accounting equation is fundamental to the double-entry bookkeeping practice. Its applications in accountancy and economics are thus diverse. These are some simple examples, but even the most complicated transactions…

Basically, it shows the impact of each transaction that takes place and how it affects the liabilities and assets that an organization can have. Double-entry bookkeeping is a method in…