Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...

Small businesses have the option to use either cash basis or accrual basis accounting. Those who use cash basis accounting only record transactions when cash changes hands. Therefore, when employees ...

Every time a company processes a payroll, it should record a payroll entry in an accounting system. Remember that your journal entry must balance all the debit entries with corresponding credit ...

Patriot offers easy-to-use accounting and payroll software designed for small businesses. It provides automated payroll processing, tax calculations, expense tracking, and invoice management—all in ...

Tracking your company’s spending is essential for maintaining accurate financial records. One financial accounting method businesses use is the payroll journal entry. Payroll journal entries record ...