In our recent article on the flaws in return on equity, we showed how it has no correlation with several different measures of valuation. However, there is one valuation metric, price-to-book (“P/B”), ...

Clear Books is an affordable accounting software that offers a robust set of core accounting features, including tax preparation. From its support of various tax types to its auto-updates for changing ...

This column is a review of an exciting new book, "The Definitive Success Guide to Client Accounting Services (CAS)," by Hitendra Patil. I remember calling Hitendra a few years ago about an article he ...

After pitting Xero vs Zoho Books against each other, our research determined that Zoho Books is the better accounting software overall – especially for sole traders and micro businesses. The platform ...

No one can ever know everything they need to know about any topic. I find that most business people do not take advantage of the experiences of others to better themselves and their businesses.

Small businesses keep revenue, expense and income summary reports, often referred to collectively as the books, to know exactly how much money is going in and out of the business. At the end of each ...

First came Accounting Book of Records (ABOR), then Investment Book of Records (IBOR), followed by Alternate GAAP view. Now the next generation is here: Multiple Books of Record (MBOR), allowing full ...

Both Zoho Books and QuickBooks Online have earned perfect 5-star ratings in recent evaluations, positioning them as leading contenders in the accounting software market. However, business owners face ...

A cash book, or petty cash log, is a ledger for keeping track of small cash purchases. Some small businesses such as restaurants find cash books especially useful because these companies tend to need ...

AI agents are continuously reviewing everything in real time, so your accounting reports will feature up-to-the-minute ...