Learn the essential components and how-to of an accounting manual, a vital resource containing your business's accounting policies, procedures, and guidelines.

Setting up an electronic accounting system to match a current manual system has three major advantages. An electronic system offers potential reductions in calculation errors, increased ease of ...

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

Many small businesses start out tracking their revenues and expenses with a manual ledger system or a spreadsheet. As a business grows, however, this becomes an onerous task with the increased volume ...

Finance departments across the business world are experiencing a major shift as accounting automation transforms how financial work gets done. While modern AI-powered solutions drive efficiency and ...

Finance and accounting professionals face a steady stream of work and long lists of tasks to complete at the end of each month. A single data entry error or missed ...

NEW YORK--(BUSINESS WIRE)--With the proliferation of new payment and sales apps, the lack of data standards, and the ongoing labor shortage, the accounting industry is at a tipping point.

The following general ledger/commitment items are used to record expenses as category 2 and 3 of the Statement of Financial Activity (SoFA) report. The categories are outlined alphabetically. Each ...