The 8 Important Steps in the Accounting Cycle

After you prepare your financial statement, end the accounting period. You’ll use closing entries to finalize your expense and revenue records. As you approach the end of the accounting period, you’ll need to add adjusting entries to your journal. These end-of-period...

Small Business Accounting Software Start for Free

When it comes to keeping your data and your money safe, we never rest. We’ve built bank-grade security measures into our systems to make sure you can use Wave with confidence. Know when an invoice is viewed, becomes due, or gets paid, so you can stay on top of your...

Finance Transformation Consulting Deloitte US

For those who want to better understand their organization’s financial performance in the context of the markets and contribute to financial strategy, exploring the fundamentals of finance can be beneficial. Free cash flows is arguably the most important one, which...

What are non-manufacturing costs or period costs?

This is especially true for specific product-related commissions and promotions. These costs are typically classified as expenses in the period they are incurred in the income statement of a company, as they don’t generate future economic benefits or cannot be linked...

8 Best Free Accounting Software for Small Business

Below, we’ll talk through some must-know tips for accounting as a small business. Send professional invoices in seconds, get paid seamlessly with all major credit cards or PayPal, and set-and-forget it with auto-billing and automated payment reminders. Free...