Remove basic accounting Remove bookkeeping software Remove payroll Remove small business accounting
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How to Set Up Accounting for a New Business: A Full Guide

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Set up a payroll system. As your business grows, you might need to hire employees or contractors to assist run the business. In this case, you’ll have to establish a payroll processing system to handle payments. Also, as you add people to the payroll, it is important that you place them in the right category.

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The Best Online Accounting Software for Small Businesses

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Additionally, if you wait until tax time to get it together, it can end up giving you a real headache – hiring an accountant at the last minute with books full of errors could cost you more than you set aside in the first place. What does online accounting software do? QuickBooks.