The accounting cycle tracks a transaction until it's added to your company's financial statement. Follow this eight-step ...

Any business that provides a service or sells products has an accounting cycle. Accounting is how a business tracks its finances. Although service companies and merchandising companies offer vastly ...

The accounting process can differ slightly from one business to another based on variances in the chart of accounts, revenue and expense recognition, and cost center breakdown. Despite these ...

How Ledgers and Journals Are Used in Accounting Get an overview of these fundamental bookkeeping tools. Ledgers and journals are the foundational tools used in the bookkeeping process. A ledger is a ...

Evan Tarver has 6+ years of experience in financial analysis and 5+ years as an author, editor, and copywriter. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.