Exporting Transactions

Bookkeeping relies on debits and credits to ensure that a company's financial records are balanced. Debits are used to increase asset or expense accounts, while decreasing liability, revenue or equity accounts. Credits do the opposite.

Losing your job or experiencing a period of unemployment can be a tough and stressful situation. Not only do you have immediate concerns about covering your expenses, but you also need to think about securing your financial future in the long run.

It's no surprise that self-employed individuals strive to minimize their taxable income as much as possible. A frequently asked question is whether they can claim the standard deduction while still deducting business expenses.

Receipts can be misplaced, damaged, or illegible, causing undue stress for business owners. Fortunately, there is a simple solution to this problem: paper receipts are unnecessary.