Billie Anne Grigg has been a bookkeeper since before the turn of the century (yes, this one). She is a QuickBooks Online ProAdvisor, LivePlan Expert Advisor, FreshBooks Certified Beancounter, and a Mastery Level Certified Profit First Professional. She is also a guide for the Profit First Professionals organization. Billie Anne started Pocket Protector Bookkeeping in 2012 to provide an excellent virtual bookkeeping and managerial accounting solution for small businesses that cannot yet justify employing a full-time, in-house bookkeeping staff.
In this guide, we define retained earnings and explain what a statement of retained earnings is, and how to prepare a statement of retained earnings.
Many business owners think receiving payment quickly is solely up to the customer, but there are several things you can do to ensure you get paid faster.
QuickBooks Online has a dedicated account specifically for funds in transit. Learn how to use undeposited funds in QuickBooks Online.
Follow this guide and learn how to create an invoice with five different free templates—including QuickBooks, Google Docs, and Microsoft Office.
Free cash flow is the amount of cash you have available—after you pay your expenses—from the income your business produces from operations.