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Should I do my own bookkeeping?
It’s only a good idea to do your business’ bookkeeping if you don’t have many transactions each month. Otherwise, you should invest in hiring a bookkeeper.
Many small business owners have a...
Starting a new business can feel overwhelming, especially when it comes to setting up your financials. Our General Chart of Accounts Template is designed to give you a solid foundation by walking you through the core principles of the accounting equation. This easy-to-follow PDF tool not only explains how assets, liabilities, and equity fit together but also provides a clear list of the key accounts every new business should have on its books. Get organized, stay compliant, and take control of your business’s financial health from day one!
It’s only a good idea to do your business’ bookkeeping if you don’t have many transactions each month. Otherwise, you should invest in hiring a bookkeeper.
Many small business owners have a...
Form 1099 is typically used to report the income of people who aren’t your employees, like contractors and freelancers. But there are more scenarios where you have to issue a 1099.
Just like you...
Adjusting journal entries may seem like an unnecessary hassle, but they’re a quick and easy way to keep your books clean and accurate.
Nobody knows better than small business owners how complicated a...