An income statement tracks income and expenses for a small business. Most small businesses use cash accounting systems, so Excel is a great program to track your income and expenses. The cash basis ...

An income statement is typically prepared at the end of the year or the beginning of a new year when all financial information has been wrapped up and reported, but you can create one at any time ...

If you’re trying to achieve financial independence or just keep better track of your money, you need to be using a budget. It’s non-negotiable. While there are plenty of budgeting apps out there, you ...