Sales Discounts are a decent promotional tool for small businesses. Here's how to record them in bookkeeping.

Bartering between small businesses has seen a comeback while cash is sparse. So in this entry we'll show how to record it in your books.

As unfortunate as it is, not all clients can pay when the invoice comes. So we'll discuss how to record these uncollectable receivables.

Managing inventory requires choosing either FIFO or LIFO as your preferred method of determining the cost. But which should you choose?

Bank Reconciliations are more time-consuming than difficult, but even so they shouldn't be neglected. Read on to learn more about why...

The coronavirus has become a growing problem for even small business owners. In this article we give three tips to help them prepare for it.

New business owners need to be able to take stock of their accounts receivables if they're going to grow their business, so here are a few.

There are three financial reports all business owners, whether small or large, should know. In this blog post we discuss why you should too.

One thing I've noticed as a bookkeeper is that a lot of small business owners don't reconcile their essential accounts. But they should...

The New Year of 2020 has come, but before small business owners and self-employed individuals can celebrate, they've got a few things to do.

Sales Tax is something that every e-seller should know about, whether or not they sell online casually or professionally.

A quick little tip that can help you get ahead of Self-Employment Taxes and avoid getting hit by late-fees.

Two major reasons why the self-employed should look into getting someone to do their bookkeeping.

From Red To Black LLC is now open for business! Who We Are For the unaware, From Red To Black LLC is a virtual bookkeeping firm that is...