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Export & Import Company Information in Microsoft Small Business Accounting 2007
Microsoft Small Business Accounting 2007 was renamed Microsoft Office Accounting 2009 and subsequently discontinued, but customers can continue to receive support from Microsoft through 2019. One of...
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How to Send From Multiple Email Accounts on Windows Small Business Server...
With Microsoft Small Business Server, a user can't send a message from a different Exchange email account simply by typing the alternate email address in the "From" box. The secondary mailbox must be...
View ArticleMarketing for Small Business Accounting Clients
Bringing new clients into the business is necessary for any small-business accountant to grow. However, marketing for professional services firms, such as accountants, has additional concerns above and...
View ArticleHow to Restore SBD Files in Microsoft Small Business Accounting
Microsoft Office Small Business Accounting, or just Microsoft Office Accounting, stores data in an SBD file. Your SBC, or company, file points to the location of this data file. When you create a...
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The Best Accounts Receivable Practices for Small Businesses
Small business often run on razor-thin profit margins and cannot afford to take losses on accounts receivable. The universal acceptance of credit and debit cards has vastly simplified billing and...
View ArticleSmall Business Cost Accounting Standards
For many small-business owners, accounting for inventory is as complex as accounting gets. Merchandisers and manufacturing firms may put products in the hands of customers in different ways, but the...
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How to Calculate Sufficient Liquidity
Liquidity is a financial term used to describe how easily an asset can be turned into cash, and for small businesses, it shows how likely a company will be to meet its short-term obligations. Small...
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Cash Vs. GAAP
Small companies can choose from three different options to prepare their company's financial statements. One option is accrual basis accounting, which is based on generally accepted accounting...
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The Best Tech Training Practices
The rapid growth of computer technology has made employee training a vital need, especially for small businesses. While the technological tools available to small businesses are becoming both less...
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Example of FIFO Goods
The first-in, first-out inventory (FIFO) system works by assuming that items are pulled out of inventory in the same order that they get put in. Moving older stock first can increase your company's...
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What Does Full Disclosure Mean & How Does It Affect Financial Reporting?
Full disclosure rules don’t always pertain to or affect small-business owners. Unlike public companies, private businesses have, under some circumstances, no legal full disclosure obligations....
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Communications Plans for Small Accounting Firms
A communications plan helps a small accounting firm to grow its business in a cost-effective manner. An effective plan ensures that your clients, prospects and business partners receive relevant...
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Step-by-Step Accounting for a Small Business in Construction
When running a small construction business, you need to account for your revenues and expenses. You can achieve this task by following the accounting cycle -- that is, the chronological events of...
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The Liability of Small vs. Large Accounting Firms
Auditor liability issues generally involve litigation risk, regulatory issues and competitive risks stemming from the auditor’s perceived inability to service a particular segment of their potential...
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How to Keep Accounting Records for a Small Restaurant
Good record keeping shows where your restaurant is doing well and where it isn't, but you need a well set up system to record and track that information.
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What Is the Difference Between a Small Business Account & a Regular Checking...
These are a few of the reasons why a business owner should have separate business and personal checking accounts.
View ArticleFour Types of Adjusting Journal Entries
If your company uses accrual accounting methods, you may need to make adjustments for the dates when your payments occur.
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Advantages and Disadvantages of a Computerized Accounting System for Small...
Computerized accounting systems let you complete calculations faster and with less potential for human error, but they also have some drawbacks.
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How to Figure Out Total Liability & Stockholders' Equity
Figuring out total liability and stockholders' equity requires thorough accounting and analysis of cash and debts. Calculating this total requires stringent accounting practices and accurate books.
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How to Adjust Journal Entries for Notes Receivable and Interest
Extending the ability to pay in installments to your customers is a way to gain sales you might have missed. But it is important to understand how these transactions are recorded in the accounting...
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