September 29, 2014
What is a Balance Sheet?
A balance sheet is one of the key ways that you, as a small business owner, can assess and analyze your company’s financial health and share this information with o...
What is a Chart of Accounts?
When you’re setting up an accounting system for your business, a chart of accounts is one of the very first things you’ll need to take care of to get your boo...
August 15, 2014
What is a General Ledger?
When someone asks, “What is a general ledger?” images of giant dusty books are usually what come to mind. Surely, those aren’t relevant to today’s...
March 30, 2014
How to Read a Balance Sheet
Ah, the balance sheet. The keeper of small business financial insight—if only it didn’t read like a complete foreign language to you. For most small busine...
November 3, 2013
How to Read a P&L Statement
If you’re in business for yourself, there’s a good chance you’re familiar with the term “P&L.” Short for Profit and Loss Statement, the P&L statement is...
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