Small Business
Guides

How to Get Paid Faster: Tips for Dealing with Unpaid Invoices

Accounts Receivable can be a beautiful part of your sales process. A customer commits to working with you. You provide the service or product.  Then the customer ha...

How to Manage Your Cash Flow (and Avoid Going out of Business)

Business growth is a pretty incredible thing to watch. As your revenue climbs and your expenses shrink, you start to feel the momentum of a solid business....

The Anatomy of an Income Statement

Let’s talk about the elephant in the room: Accounting can be hard and at times, quite complex. But that didn’t stop us at Kashoo to try and build out a software desig...

What are the Generally Accepted Accounting Principles (GAAP)?

As a small business owner, you wear the “accountant” hat from time to time. But while you may not need a degree in accounting to run your business, or even just to ge...

What Is the Difference between a Bookkeeper and an Accountant?

The roles of a bookkeeper and an accountant may overlap, but there are crucial differences between them. If you understand the differences, you can determine how t...

What is an Accounting Transaction?

The simplest definition of an accounting transaction is an event that occurs that has an impact on your business’ financial statements. This event is recorded in yo...