#accounting
Accounting
Master accounting fundamentals and best practices for plain-text bookkeeping
Business Line of Credit: What It Is, How It Works, and When to Use One
A business line of credit gives you flexible access to capital—draw only what you need and pay interest only on what you use. Learn how it works, secured vs unsecured options, qualification tips, and when to use it vs a term loan.
Credit Card Processing for Small Businesses: A Complete Guide
Credit card processing costs 1.5%–3.5% per transaction—and most small businesses overpay. Learn how card processing works, how to decode fees, choose the right processor, and cut costs by up to 40%.
GnuCash Review: Is It Still Worth Using in 2026?
GnuCash is free, open-source, and time-tested—but is it still the right choice in 2026? This honest review covers GnuCash's features, pros, cons, and how it compares to modern alternatives including Wave, QuickBooks, and plain-text accounting.
Gross Profit: What It Is, How to Calculate It, and Why It Matters
Learn what gross profit is, how to calculate it with the right formula, how it differs from net profit, and how to use it to make smarter pricing, product, and scaling decisions for your small business.
How to Assess Your Small Business Financial Health
Learn how to assess your small business financial health using key ratios, financial statements, and a practical monthly review process—before problems become crises.
How to Calculate Gross Income: Formula, Examples, and What It Means for Your Business
Learn exactly how to calculate gross income for your business: the formula, step-by-step examples, the difference between gross and net income, and how to use gross profit margin to make smarter pricing and cost decisions.
How to Find a CPA for Your Small Business: A Step-by-Step Guide
Learn how to find the right CPA for your small business—when to hire one, what to look for, what questions to ask, and what it will cost. A practical step-by-step guide for business owners.
How to Read an Income Statement: A Complete Guide for Small Business Owners
Learn how to read and analyze an income statement step by step. This guide explains every line item—from revenue and COGS to gross profit, operating income, and net income—and shows small business owners how to use their P&L to make smarter decisions.
Liabilities in Accounting: What They Are, Types, and How to Manage Them
Liabilities are every dollar your business owes—from next month's supplier invoice to a 20-year mortgage. Learn the types of liabilities, how they appear on your balance sheet, key ratios to monitor, and practical strategies to manage them.
Net Income Formula: What It Is, How to Calculate It, and Why It Matters
Learn what net income is, how to calculate it with the net income formula, and why it's the most important number on your income statement. Includes examples, common mistakes, and tips to improve your bottom line.
What Is an Invoice? A Complete Guide for Small Businesses
Learn what an invoice is, what it must include, the different types of invoices, and proven tips to get paid faster. A practical guide for small business owners and freelancers.
Best Accounting Software for Consultants: What to Use and Why It Matters
Consultants have unique accounting needs: time tracking, project-based billing, and self-employment taxes. Here's how to choose the best accounting software for your consulting practice — from FreshBooks to Xero to Wave.