Category Archives: Bookkeeping

Net Income The Profit of a Business After Deducting Expenses

Content Best Accounting Software for Small Businesses How do you calculate net income? How are Net Income and Retained Earnings Connected? What is Net Income? Definition and Example Calculation How to use our tool as a net to gross income calculator? Importance of Net Income for Businesses Why Net Income Matters for Your Business With […]

A Small Business Owner’s Guide to Accounting in 2023

Hybrid accounting makes the most sense for businesses looking to close the gap between related financial inputs – like sales and food purchases. It’s a cost-effective way of gaining financial visibility, providing limited insight into performance, and offering the basis for financial modeling, statement analysis, and some KPIs. It’s critical to pick one accounting method […]

The Best Payroll Software For Restaurants 2023

Gusto offers expert HR services support for an additional PEPM charge. This hands-on support could be extremely beneficial for restaurant owners who have a small or less experienced HR staff. Ultimately, restaurant owners must determine what best suits their needs. We chose ZipBooks as our accounting software for restaurants with the best price because it […]