Accounting

Software backgroundBest Open Source Accounting Software: Reviews and Comparison
Software
Best Open Source Accounting Software: Reviews and Comparison
Discover what an open source accounting software is, its benefits, its features, and a comparison of the best open source accounting software.
Definition background13 Key Financial KPIs For Boosted Financial Performance
Definition
13 Key Financial KPIs For Boosted Financial Performance
Ever wondered if your business is financially on the right track? Use these KPIs to see! Click here to read more!
Definition backgroundMind the GAAP! Definition of Accounting For Non-Accountants
Definition
Mind the GAAP! Definition of Accounting For Non-Accountants
For those not in the accounting loop, accounting may seem like a highly complicated and foreign concept. However, it's an extremely important tool for any and all businesses. Click here to read more!

Latest articles

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Definition backgroundThroughput accounting 101: Everything you need to know
Definition
28 January 2022
Throughput accounting 101: Everything you need to know
Discover the definition of throughput accounting and the theory of constraints, how to calculate and measure throughput performance in accounting, how to deal with bottlenecks, and some tips to improve throughput accounting ratios in the article.
Definition backgroundWhat is the importance of accounting in business?
Definition
6 January 2022
What is the importance of accounting in business?
Accounting is important to businesses for a variety of reasons. Discover what accounting is, the importance of accounting, its purpose and its benefit in business, also the different types of accounting.
Definition backgroundThe key differences between accounting vs bookkeeping
Definition
6 January 2022
The key differences between accounting vs bookkeeping
The distinctions between accounting and bookkeeping are subtle but important to understand when considering a career in either field. So what is the difference between accounting vs. bookkeeping and accountant vs. bookkeeper?
Definition backgroundAll you need to know about incremental ROIC
Definition
23 December 2021
All you need to know about incremental ROIC
Incremental ROIC is a key measure of a business’s financial performance. Discover what an incremental ROIC is and how to calculate it with some examples in this article.
Definition backgroundTop 30 basic accounting terms that you should know
Definition
23 December 2021
Top 30 basic accounting terms that you should know
Understanding basic accounting terms is essential to have better financial decision-making. Here are the top 30 accounting terms that will be very useful to you in your business journey!
Definition backgroundSingle Entry Bookkeeping: the method for upcoming businesses
Definition
22 December 2021
Single Entry Bookkeeping: the method for upcoming businesses
Are you an owner of a small business or simply are planning to open one? Then you have stumbled upon the right article. This single entry bookkeeping will help you get started. You'll learn to track your transactions, and also do so without having to break your piggy bank.
Definition backgroundTypes of Inventory in Accounting and How They Work
Definition
15 November 2021
Types of Inventory in Accounting and How They Work
Inventory can be seem like a daunting task, knowing the difference between the types of inventory can be valuable for any business that has stock. Find out what they are and how they can help your business.
Tip backgroundA complete guide to depreciation accounting
Tip
8 April 2021
A complete guide to depreciation accounting
What is depreciation accounting? Here is a complete guide on the different types of depreciation, and an example of how you can use it on your balance sheets.