An accounting system tracks and controls the income and expenses of a business. Accounting systems can be as simple as a pen and notepad, and can be as complex as an international accounting staff of ...

For many small businesses, the most common bookkeeping errors are the easiest to fix. Use these tips to help keep your business on a sound financial footing: -- Use the right accounting system. Most ...

Expense accounts are an integral part of the double-entry system of accounting and are used to record various costs businesses incur. The way expense accounts work is relatively simple, but to use ...