Resources on basic accounting and payment terms business owners must know.
Learn what is agentic AI and how it works. Discover how AI systems plan, adapt, and make decisions with little human input to improve business efficiency.
Learn what is AI automation and how it helps businesses work smarter. Discover how AI in automation is used to streamline processes, and improve accuracy.
What are AI agents? Learn how they work and differ from assistants and bots as well as benefits of using AI agents in business operations.
Learn the difference between standard mileage vs actual expenses, how each method works, and which gives the best tax deduction.
Learn what advisory in accounting means, how it differs from traditional bookkeeping, and why accounting advisors help businesses make smarter decisions.
What is inflation? Discover how inflation works, its main causes, and the impact on businesses, prices, and consumers, plus tips to prepare.
Learn what non-deductible expenses are, how they differ from deductible expenses, and tips for tracking and managing non-deductible expenses.
Learn what are excise taxes, while exploring different types, as well as examples of excise taxes, and understand how businesses stay compliant.
Learn what contra accounts are, how they work, common types, and why contra accounts improve financial reporting accuracy and transparency.
What is payroll expense? Learn how to calculate payroll expenses, including wages, taxes, and benefits, and discover tips to manage costs effectively.
Learn the difference between COGS and operating expenses, see examples of each, and discover why tracking them is key to profitability.
Learn what non-cash expenses are, common examples like depreciation and stock-based compensation, and understand their impact on cash flow and taxes.