January 16, 2023

What if a company’s Allowance for Doubtful Accounts is understated?

Content Create a free account to unlock this Template An example of recording a contra asset Why are contra asset accounts important for businesses? Adjusting Journal […]
September 15, 2022

How To Pay Yourself as a Business Owner

Content Guaranteed payments Which is Better? Method Recommendations Tax Implications of Owner’s Draw vs. Salary Advantages & Disadvantages of an Owner’s Draw Compared to Salaries S […]
April 15, 2022

Tips on Lowering Operating Costs OSYB Number Crunch! Bookkeeping Tips from Outsouce Your Books

Content Use bartering instead of cash Fixed costs Can A Loan Help Cover Operational Expenses? Access your loan quote in minutes Capital Expenses vs. Operating Expenses […]
January 8, 2021

Back Office: What It Means in Business, With Examples

Content Accounting and Bookkeeping Free to Run Your Business How Long Should Your Business Keep Financial Records? How does Back Office Accounting work? Full Back-Office Accounting […]