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By Numbers

Accounting, bookkeeping, and tax tips to help you understand your business finances.

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    Things You Don’t Know About Trial Balance vs. Balance Sheet

    If you knew something that could potentially help you transform the way you see financial data, and how you apply that…

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    When is Property Tax Due in Texas?

    Property taxes in Texas are determined by local appraisal districts and are based on the market value of properties as…

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    How Long Does An Employer Have To Correct A Payroll When It Is Wrong: Texas

    Texas law aligns with the best practices in other states that give employers until the following pay period to correct…

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    Cost of Sales Vs. Cost of Goods Sold: An SME Guide

    Cost of Sales and Cost of Goods Sold are two accounting terms that are often used interchangeably.

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    Self-Employed vs. Freelance Tax: Is There A Difference?

    Self-employed vs. Freelance tax: Unsure how to submit your taxes correctly? Need advice? We help you master this topic…

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    Is Cost of Goods Sold A Debit Or Credit? Help for SBOs.

    Is there some confusion going on around this matter? Well, unless you’re an accountant you’re well within your rights…

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    6 Accounts Receivables Best Practices for Small Businesses

    Getting paid on time is imperative for a healthy cash flow. And for a small business, overdue payments are not only a…

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    Transform Your SME: Outsource Accounts Payable Services

    Welcome all SME business owners. Today we’re going to discuss an important topic if you’re in the retail, construction,…

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    Preliminary Net Income

    Preliminary net income is an important financial metric that represents a business's finances after accounting for all…

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