Discover how general ledgers and general journals work together in double-entry bookkeeping to track financial data accurately and efficiently for your business.

Tracking cash expenditures for your small business is a must for obvious reasons. If you do not track cash and implement strict guidelines regarding its use, your business can hemorrhage mega profits ...

As with all businesses, a manufacturing company uses a sequence of events known as an accounting cycle to prepare financial statements. Being a manufacturer brings some specific requirements, notably ...