Basic Accounting Tips

Welcome to Basic Accounting Help!

basic accounting concepts

This basic accounting site is designed to help small business owners, students, or anyone wanting to learn accounting in a simple easy-to-understand language.

The examples and tips in this accounting site will give you a solid foundation to build your accounting knowledge.

If you are just starting in your journey to understanding accounting basics better or a small business owner desiring to ensure your accounting system is set up correctly, see this twelve lesson accounting series!

This site also offers free accounting software downloads for small business owners. (see details below)

Understanding accounting concepts is a crucial component of a successful small business! 

Such as:

You can find the answers to all of these questions and more in the accounting series below...

Basic Accounting Lessons...



There are also sections of this site devoted to the small business owner such as setting up a petty cash account, free mileage log sheet with all of the required IRS information included, choosing the best small business accounting software , and how to set up a payroll .


Free Accounting Software


Most business should and do use a double entry accounting system; however, there are certain circumstances where a small business can use a single entry bookkeeping system such as:

  • a start-up business; or
  • a small business with little or no accounts receivables (money owed to your business by your customers) and few or no liabilities (debts owed by your small business); or
  • a small business that cannot afford expensive accounting software just yet

...my free accounting spreadsheets may be just what you need. See this page for details on the free accounting software that you can easily set up and begin to use right away: Free Accounting Software

Never Lose Your Receipts For tax prep, good record-keeping, and unexpected IRS audits, you will always need your receipts for your business expenses. Use Shoeboxed.com for all your receipt organization needs - 30-day free trial available.





Recommended Accounting Software...



Spreadsheet Reviews...

"I absolutely love the spreadsheets!!  Thank you so much! They are exactly what I needed."

Becky from Back to Natural



"Thank you so much. I have been stressing about doing this accounting stuff for my husband. Quickbooks was too complicated for his small business and these spreadsheets are just what I was looking for!!!"

Josi Michael



"I love your accounting spreadsheets- thank you!"

Sandra from the UK



"As a small business owner my expertise has always been in marketing and customer service. I have struggled with many different options for my bookkeeping.

Vickey's basic accounting help and ledgers have made my business so much easier!"

Kelly Howard



"Thank you for your free spreadsheet! It has helped me tremendously to track daily sales and get a grip on the full scope of what revenues are coming in and my expenses."

Gabby of Gumdrop Swap





Free Mileage Log...

Click on image above for more details.

Business mileage can be a very good deduction for your small business.

It can also be a nightmare, if all the IRS required information is not included in your mileage log.

See what must be included and get a free mileage log!