The busier you get, the more important time management becomes. Even if you have a calendar on your mobile phone that?s synced with your office calendar, it?s always good to see things visually in relation to your other goings-on. That?s why we recommend buying a calendar or planner to hang on your wall or keep on your desk for tracking all your ap

Today most invoicing platforms, as well accounting programs, come load with features like the ability to accept multiple forms of payments online, recurring payments, time tracking, expense tracking, inventory tracking, automatic payment reminders, payroll, tax preparation, and financial reports. And, that is just the tip of the iceberg.

The supplies that have been used during the accounting period should be reported in the income statement account Supplies Expense. Basically, supplies are assets until they are used. When they are used, they become an expense.