Search Results for: cash basis and accrual basis

Cash Basis vs. Accrual Basis Accounting

When you are starting a new business, accounting may be one of the last issues on your mind. However, when you are getting setup for the first time, it is important to think of the long-term consequences of your accounting method.   Cash Basis Cash basis accounting works like it sounds, you recognize income and […]

How to Keep Business Travel Costs Low

I just returned from the Financial Blogger Conference in St. Louis. It is an annual gathering of finance bloggers that takes us around the country. On business travel, it is easy to rack up big spending quickly when thinking about writing off the expenses. Instead, focus on saving and keeping your hard earned money.   […]