The accounting system for your business consists of several types of records. Although there are many types of underlying financial records, such as invoices, journals, and receipts, the major ...

To succeed at running your business – or even to know if you're succeeding – you need accounting software. Accounting software allows you to monitor the financial health of your business. Typically, ...

IMGCAP(1)]I was not a specialist. In some respects, I am the last of the “expert generalists” and generalists are fast becoming extinct. In this age of specialization and niche expertise, being a ...

Accounting is the process of keeping track of all financial transactions within a business, such as any money coming in and money going out. It’s not only important for businesses in terms of record ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Vikki Velasquez is a researcher and writer ...