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Accounting Basics for Small Business: A Simple Guide

Snyder

Basic steps in accounting for small businesses. Open a business bank account. Go through business bookkeeping basics. Track your small business profit and expenses. Get to know small business tax obligations and procedures. What is small business accounting?

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What Type of Accountant Does Your eCommerce Business Need?

xendoo

Cash Basis Accounting. Cash basis accounting is the simpler of the two methods. In this method, you add an accounting entry every time money enters or leaves your bank account. Basically, you’ll be keeping a record of all your transactions, and this record will largely mirror your sales records and bank accounts.

Account 52
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Finance and Accounting Outsourcing: Benefits for SMBs

Snyder

Many small business owners choose to initially manage their finances by themselves, sometimes with the help of only Excel spreadsheets. But as the business grows, so do the needs. Payroll tax, invoicing, and leger management are becoming more complex and begin to take much more time than initially anticipated.