Accounting 101

Accounting basics for non-accountants

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27 articles in this collection
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How do I add a mortgage to my account?

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Updated over a week ago

How do I record unpaid invoices in ZipBooks?

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Updated over a week ago

What does it mean when a company is window dressing?

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Updated over a week ago

What is a contribution margin?

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Updated over a week ago

What is the double declining balance method of depreciation?

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Updated over a week ago

Why do some asset accounts have a credit balance?

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Updated over a week ago

Where do worker compensation insurance costs get reported on the financial statement?

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Updated over a week ago

When would a prepaid insurance asset have a credit balance?

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Updated over a week ago

What's the difference between work-in-process and work-in-progress?

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Updated over a week ago

What's the difference between cash and accrual basis accounting?

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Updated over a week ago

What's the definition of working capital and how do I measure it?

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Updated over a week ago

What types of taxes will I need to collect from my customers?

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Updated over a week ago

What is the working capital turnover ratio?

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Updated over a week ago

What is the working capital ratio?

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Updated over a week ago

What is straight line depreciation?

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Updated over a week ago

What is inventory turnover and why is it important?

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Updated over a week ago

What is double-entry accounting?

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Updated over a week ago

What is accounts payable?

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Updated over a week ago

What is accounts receivable?

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Updated over a week ago

What is a gross margin?

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Updated over a week ago

What is a chart of accounts?

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Updated over a week ago

What is a billable expense?

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Updated over a week ago

What do I do if I have an old outstanding check that never got cashed? Can I write it off?

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Updated over a week ago

How do I handle workers' compensation premiums under accrual accounting?

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Updated over a week ago

What's the difference between an estimate and an invoice?

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Updated over a week ago

What's the difference between a purchase order and an invoice?

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Updated over a week ago

What does Net 30 mean?

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Updated over a week ago