Cash vs. Accrual Accounting: Which One Should You Use?
5 min read
You'll hear both terms thrown around. For most small outfits, cash accounting is simpler, perfectly legal, and easier to understand. Let's break down the difference.
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bookkeeping basicsbeginner6 min read
What Is a Profit & Loss Statement—And Why Do You Need One?
Plain-English guide to the most important report in your business
By Hick Books TeamJanuary 31, 2024
A P&L doesn't have to be scary. It's really just a list of what came in and what went out. Here's how to read one and what it's trying to tell you.
Full article coming soon
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profit-and-lossaccounting-basicssmall-business