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Accounting Basics for Small Business: A Simple Guide

Snyder

Next, you’ll take some basic steps to set up your bookkeeping process and ensure that all your business finances are accurately reflected in your books and available for analysis. Choose your bookkeeping method. A little example to illustrate how the double-entry method works. Set up a general ledger.

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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

You essentially become a jack of all trades – from sales, through customer care all the way to marketing. Here you’ll use data from sales receipts, payments made to the supplier, rent payments, income tax payments, and many other operating activities. Single-entry bookkeeping vs. double-entry bookkeeping.