Remove double entry bookkeeping Remove general ledger Remove payroll Remove tax return
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Accounting Basics for Small Business: A Simple Guide

Snyder

In general, business accounting is the process of organizing and analyzing a company’s financial information to plan and advise on taxes, file tax returns, make forecasts, and help with data-driven financial decision making. Choose your bookkeeping method. Set up a general ledger.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

Accounting for a small business usually means summarizing and analyzing financial transactions, producing accounting reports, and timely providing data for tax purposes and tax returns. Single-entry bookkeeping vs. double-entry bookkeeping. Set up accounts for recording transactions.