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Accounting Insights, Page 3
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Accounts Payable vs Accounts Receivable, With Examples
One tracks money coming in, the other money going out, and both describe cash that has not moved yet. The difference explained with examples and journal entries.
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What to Check in a Xero Alternative Before You Switch
Ten things to confirm before leaving Xero: total cost with add-ons, entry-plan limits, reporting, budgets, bill management, permissions, and support.
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Who Gets a 1099? LLCs, S Corps, C Corps and Sole Proprietors
The 1099 question turns on how the payee is taxed. Sole proprietors, partnerships and most LLCs get one. S corps and C corps do not, with two exceptions worth knowing.
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Zoho Books Alternatives for U.S. Small Businesses Ready to Switch
Why small businesses outgrow Zoho Books, what to check in a replacement, and how GlassJar, QuickBooks Online, Xero, Wave, and FreshBooks compare day to day.
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Accounting Software for CPA Firms Compared Feature by Feature
What a CPA firm should judge in accounting software for client bookkeeping, and how GlassJar, QuickBooks Online, Xero, and Sage Intacct compare on entry, reporting, and users.
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Which Accounting Software for Consultants Fits Your Practice?
What a consultancy or agency should judge in accounting software, why GlassJar fits service work, and how QuickBooks Online, Xero, FreshBooks, Zoho Books, and Wave compare.
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Comparing Six Accounting Software Options for Freelancers
What a full-time freelancer should judge in accounting software, why GlassJar fits, and how QuickBooks Solopreneur, FreshBooks, Wave, Xero, and Zoho Books compare.
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1099 vs W-9: Which Form You Need for Each Contractor
The W-9 is what a contractor gives you before work starts. The 1099 is what you give them and the IRS after year end. How the two connect, and where businesses slip.
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How to Migrate Accounting Software Without Losing Your Data
An eight-step plan for switching accounting systems: clean the old books, pick a period-boundary cutover date, run both systems in parallel, and tie out the trial balance.
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Income Statement Formula: How to Calculate Income Statement
Calculate your income statement formula in minutes with this simple breakdown, then see whether your business is actually turning a profit or losing money.
