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