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Accounting Basics for Small Business: A Simple Guide

Snyder

Open a business bank account. Go through business bookkeeping basics. Small business accounting software to help you stay on top of accounting. What is small business accounting? Let’s start with defining what small business accounting is. Choose your bookkeeping method.

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Navigating the World of Bookkeeping for Marketing Agencies

Steve Feinberg

Every digital marketing agency should have a proper bookkeeping system in place to manage their preferred cash flow, whether that’s cash and accrual accounting, single-entry, or double-entry bookkeeping. Marketing agencies should choose their bookkeeping system based on their preference and accounting needs.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

However, for small businesses, the cash based method of accounting is more commonly used as it’s more straightforward and simpler to execute. Single-entry bookkeeping vs. double-entry bookkeeping. The single-entry method suggests entering each transaction only once. Paper accounting.