The Profitjets Blog
Finance Writing for People Running the Business
Practical articles on bookkeeping, accounting, tax, payroll and financial strategy, written for founders and operators rather than for other accountants.
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What is Bookkeeping: A Step-by-Step Guide
What bookkeeping covers, how it differs from accounting, and the five-step process behind a clean set of books.
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Accountancy vs Accounting: Key Differences Explained
Two words used interchangeably that do not mean quite the same thing.
Accounting Cycle: 8 Steps with Examples
The eight steps from transaction to closed books, with a worked example at each.
Accounting Principles: Concepts and Examples
The concepts every set of books rests on, explained with plain examples.
Accounting Profit vs Economic Profit: Key Differences Explained
Why the profit on your P&L is not the whole answer, and what economic profit adds.
Accounting vs Auditing: Key Differences Explained
What each function does, who performs it, and why they have to stay separate.
Accounting vs Finance vs Economics: Key Differences Explained
Three related fields, what each studies, and which careers they lead to.
Accounts Payable Process & Cycle
Each step, the control at the centre, and where it stalls.
Accounts Payable vs Accounts Receivable: Key Differences
What sits on each side, and why they should be read together.
Accounts Receivable Automation: Tools, Benefits, and How to Get Started
What AR Automation Covers, AR Automation Tools, and Key Benefits of AR Automation.
Accounts Receivable Turnover: What It Is, How to Calculate It, and How to Improve It
The formula, what distorts it, and how to improve it.
Accounts Receivable: Challenges, Automation, and How to Get Paid Faster
The metrics, why credit control beats collections, and escalation.
Accrued Expenses: What They Are, Why They Matter, and How to Track Them
Why they matter monthly, how to estimate, and where they go wrong.
Accumulated Depreciation on the Balance Sheet: What It Is and How It Works
Where it sits, how it builds, and what happens on disposal.
Adjusted Gross Income (AGI): What It Is and How to Calculate It
What Is Adjusted Gross Income (AGI), What Counts as Gross Income, and Above-the-Line Deductions That Reduce AGI.
All You Need to Know About Outsourced CFO Controller Services
The combined CFO and controller model, what it covers, and who it suits.
All You Need to Know About State Tax Registration
When you have to register, for what, and what happens if you do not.
Amazon FBA Sellers: Accounting, Taxes, and Financial Management
How Amazon FBA Revenue Works, Amazon FBA Revenue Recognition, and Sales Tax and Marketplace Facilitator Laws.
Amazon Seller Fees Explained: The Full Cost of Selling on Amazon
The Real Cost of Selling on Amazon, Fee Type 1: Referral Fee, and Fee Type 2: FBA Fulfillment Fee.
Amazon vs Shopify: Why Successful E-Commerce Brands Use Both
The False Choice Between Amazon and Shopify, What Amazon Does Well, and What Shopify Does Well.
AppFolio Accounting: An Ultimate Guide for 2026
How AppFolio joins property management to the ledger, and what it costs.
Assets, Liabilities, and Equity: The Foundation of Business Accounting
What belongs in each, and how a transaction touches all three.
Basic Bookkeeping: Everything Every Business Owner Should Know in 2026
The terms, the routine, the templates and the skills that keep a small business set of books accurate from the first month.
Basic Financial Statement: A Simple Guide for Business Owners
Why Every Business Needs Financial Statements, The Three Core Financial Statements, and How the Three Statements.
Best Accounting Practices for Online Businesses in 2026
1. Use Cloud Accounting Software, 2. Separate Business and Personal Accounts, and 3. Track Revenue by Stream.
What we write about
Eight topics we come back to
Pick a topic and the library above filters to it.
Bookkeeping
Clean books, reconciliations, chart of accounts and month-end close.
Accounting
Close process, financial statements, cash against accrual, and reporting that gets used.
Tax
Preparation, planning, entity choice, deductions, quarterly estimates and the IRS forms behind them.
CFO
Forecasting, cash flow, fundraising readiness and the executive roles founders confuse.
Payroll
Withholding, payroll taxes, W-2s and 1099s, and multi-state teams.
Metrics
The ratios and statements that tell you what is actually happening in the business.
Software
QuickBooks, Xero, NetSuite and the tools that feed them.
Business Finance
Entity formation, banking, budgeting, funding and getting the finances in order.
Would You Rather We Just Did It?
Reading about reconciliation is useful. Not having to do it is better.