You own or work at a small business. You work hard at your trade. You probably never thought you’d ever want to know anything about financial statements. You probably don’t even know what financial statements are. And rightly so. We don’t blame you one bit. A balance sheet is one of the main financial statements… Continue reading The most crucial report for a small business
At this point in your business’ journey, you’ve probably realized that you need to learn bookkeeping for your small business. But you probably don’t know anything about bookkeeping yet, and are wondering what is a Debit? And what is a Credit? And why do I need to know what these are? I’m sure you’ve heard… Continue reading What in the world are Debits & Credits?
I think we can all agree that the most exhilarating part of owning a business is when you make a sale. Realizing that you have cash coming in can be the best feeling in the world. But when you sit down at the end of the week to manage your books, are you confident you’re… Continue reading So you received cash! …Do you know how to book it?