As with other types of transactions in a business ledger or journal, credit card purchases and refunds must be properly accounted for using generally accepted accounting principles, called GAAP. An ...

Double-Entry Accounting: What It Means and How It Works Your email has been sent Double-entry accounting is a system of recording transactions in two parts, debits and credits. This method of ...

Managing financial information is, by far, my least favorite part of being in business for myself. Don’t get me wrong, I like the money, but time tracking, invoicing, bill collection, monthly ...