Steingard Insights
Practical financial education for owners responsible for running the business.
Three years of articles on bookkeeping, payroll, taxes, cash flow, and financial reporting — browse the latest below or jump into a topic from the Insights menu.
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How to Generate 1099 for Contractors: The Complete Guide
When tax season rolls around, generating 1099s for your contractors can feel like a daunting task. It’s not just about filling out…
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Mastering the Cash Flow Statement Format in Excel
It’s easy to get lost in a sea of spreadsheets, but a well-built cash flow statement in Excel cuts through the noise.…
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Mastering the Accounts Payable Aging Report for Your Business
It’s time to stop seeing the accounts payable aging report as just another boring accounting document. Think of it more like your…
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Bookkeeping for small business: Master Your Finances with Easy Steps
For most small business owners, bookkeeping isn’t exactly the most exciting part of the job. It often feels like a chore you…
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What Is Payroll Processing? A Clear Guide to the Entire Cycle
Think of payroll processing as the engine room of your business. It’s the system that makes sure your team gets paid correctly…
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How to Do a Balance Sheet A Guide for Service Businesses
To really nail down your balance sheet, you first need a solid grasp of its three main parts: assets (what your business…
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How to Do Accounting for a Small Business A Practical Guide
Getting your accounting right from day one is probably the single most important thing you can do to build a sustainable service…
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Accounting Chart of Accounts Definition for Service Firms
Ever wonder how your accountant turns a shoebox full of receipts into clean, professional financial reports? The magic isn’t in some complicated…
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Format Income Statement: A Quick Guide to Master the format income statement
To get your income statement right, you need to pick a layout—either single-step or multi-step—and then organize your line items in a…
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8 Essential Adjusting Entries Example Scenarios for 2026
Closing the books each month is more than just categorizing transactions; it’s about painting an accurate picture of your business’s financial health.…










