Ultimate Guide to Etsy Bookkeeping Using QuickBooks Online

Countingup accounting software is tailored to the needs of one-person businesses. Having a business current account and accounting software rolled into one app means you can manage all your finances from your phone. Designed with the smallest businesses in mind, Countingup has all the features you need to run your Etsy shop effectively. Bookkeeping for…

Accounts Receivable Aging Report: Definition and How To Use It

Both the aging and percentage of net sales methods, as well as other methods, are used in practice. But in reality, to remain competitive and foster growth, it’s essential to continue extending credit. Sandra Habiger is a Chartered Professional Accountant with a Bachelor’s Degree in Business Administration from the University of Washington. Sandra’s areas of…

Retained Earnings: Definition, Formula And Use Cases

At least not when you have Wave to help you button-up your books and generate important reports. Retained earnings appear on the balance sheet under the shareholders’ equity section. Net Profit or Net Loss in the retained earnings formula is the net profit or loss of the current accounting period. For instance, in the case…