Understanding Bookkeeping
Budgeting for Business?
Budgeting for Business? You bet! Money is finite, even in business, and so we have to plan for how it is spent. That’s really all a budget is–a plan for how best to utilize your money. From there, a budget can…
3 Most Excellent Reasons to Track Your Business Expenses
3 Most Excellent Reasons to Track Your Business Expenses Reason #1 Let’s say your business makes $100. The tax man comes round and hands you a bill for taxes on $100 worth of income. And you say, “But wait, I…
Cash vs Accrual
Cash and Accrual are terms that apply to how a business notes their revenue and expenses. It is both a simple concept and quite involved. I will keep the answer simple here and encourage you to join Small Business Bookkeeping…