Accounting

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15 articles in this collection
Written by Billy and Joshua Waldman

Void a reconciled transaction

Sometimes an error only shows up after the reconciliation process has been completed. Learn how to adjust your books to make the correction.
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Written by Billy
Updated over a week ago

How to handle personal transactions in your company's books

We've all done it. Charged something personal through the business. What to do?
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Written by Billy
Updated over a week ago

Accounting for refunds & returns

How to deal with a customer who gets a refund, or when you return a product
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Written by Joshua Waldman
Updated over a week ago

Setting up VAT reporting in your Balance Sheet

If you need to report VAT deductions on purchases and sales follow these setup instrcutions
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Written by Joshua Waldman
Updated over a week ago

How to account for reimbursements

If you get paid back for travel costs and want to account for that income separately
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Written by Joshua Waldman
Updated over a week ago

How to account for Credit Card payments?

Did you pay off a credit card and you'd like to show that in Billy?
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Written by Joshua Waldman
Updated over a week ago

Journal

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Written by Joshua Waldman
Updated over a week ago

Accountant FAQ

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Written by Joshua Waldman
Updated over a week ago

Chart of accounts

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Written by Joshua Waldman
Updated over a week ago

Profit and loss statement

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Written by Joshua Waldman
Updated over a week ago

Balance sheet

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Written by Joshua Waldman
Updated over a week ago

Trial balance

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Written by Joshua Waldman
Updated over a week ago

Sales tax

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Written by Joshua Waldman
Updated over a week ago

Reports

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Written by Joshua Waldman
Updated over a week ago

Managing transactions

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Written by Joshua Waldman
Updated over a week ago