by Nolan Accounting | Aug 21, 2019 | Small Business Accounting
The whole point of going into business for yourself was to have greater control over your own income. Before your business can collect any money, however, it needs to send invoices to customers that have already received goods or services. Unfortunately, this process...
by Nolan Accounting | Aug 1, 2019 | Expenses
If your employees routinely spend their own money to purchase business-related items and then request reimbursement for them, it’s important to have an established policy for what’s covered and how to request money. This will save your accounting...
by Nolan Accounting | Jul 5, 2019 | Small Business Accounting
It’s essential for all business owners to know at least 12 basic accounting terms. This ensures you can speak with authority to anyone who asks financial questions about your business. Here are the accounting terms we recommend: Assets Assets include...
by Nolan Accounting | May 14, 2019 | Small Business Accounting
Companies produce several statements that help to determine financial health. Two of these are the balance sheet and the income sheet, which are frequently confused with one another. However, they each service a unique purpose. Learning the difference between balance...
