It’s a well known fact that small business owners tend to wear a lot of occupational ‘Hats’ – one minute you’ve got your ‘Bookkeeping Hat’ on while trying to record the last few transactions, the [...]
bookkeeping
This week, I’m picking up where I left off last week which is using your bookkeeping to capture “mixed” travel expenses. Some travel expenses may be business and personal, I refer to these as mixed [...]
One startup decision that seems to cause entrepreneurs unnecessary consternation is selecting the right accounting method — cash basis or accrual basis. The primary purpose of the accounting method you choose is to calculate your [...]