Articles related to "Bookkeeping Basics"

If you want to do your own bookkeeping and accounting, here are some basic guidelines.

For some small businesses it is sufficient to build a spreadsheet template to use as an accounting system, similar to a manual ledger. Start with this example.

Just what are liability accounts? What is the correct way to track these? How important are they in the overall scheme of your business?

The concept of keeping your own books is simple and easy to learn. Here's a basic starter regarding revenue and costs.

The concept of keeping your own books is simple and easy to learn. Here's a basic starter regarding company assets and liabilities.

Making the basic bookkeeping entries requires some understanding of basic accounting, but most people can master this very quickly.