Small Business Accounting

From Smallbusinesslibrary

Jump to: navigation, search

Small business accounting often provokes fear and procrastination for small business owners.
However some basic information can save you a lot of time and hassle.

Small Business Accounting
Small Business Accounting

Small Business Accounting Pages

Small Business Accounting Software


General Small Business Accounting

Accounting 101: The Fundamentals (SmallBizU)
A free online course on accounting basics. It is meant for beginners and uses very little accounting terminology. It requires some personal information to get access.

How Business Accounting Works(Howstuffworks)
A good overview of the accounting system.

Record Keeping (IRS)
IRS recommendations on what records to keep. It covers Estimated Taxes, Self-Employment Tax, Record Keeping, Depreciation, Home Office, and Business Start Up Costs.

Accounting Coach
A comprehensive site that explains a wide range of accounting concepts. It also offers tips and question and answer.

Finance & Accounting (Entrepreneur)
Specific questions answered by experts. You can submit your own questions.

Cash vs Cash vs. Accrual Accounting (Business Owner's Toolkit)
Explains cash accounting versus accrual accounting and the pros and cons of both.

Accrual vs. Cash-based Accounting (Wellsfargo)
Describes accrual vs cash based methods of accounting and which one you should choose.

Your Net Margin is a Key Indicator of Health (Wellsfargo)
What Net Margin is and why it is considered the most important indicator of financial health.

Breakeven Analysis Calculator (Inc)

Cash Flow and Accounting (My Own Business)
Part of a free online course on starting a small business, this resource provides the main concepts and steps for small business accounting.

Book Keeping

Starting a Business and Keeping Records (IRS)
The official IRS guide to book keeping.

Keeping Good Records of Expenses (Nolo)
Tips on how to keep accurate records of expenses.


QuickBooks

The Official QuickBooks Community
Forums, blogs, expert question and answer, and free webinars on QuickBooks.

Cost of Goods Sold (COGS)

Cost of Goods Sold (H&R Block)
Basic explanation of cost of goods sold.

How to Calculate Cost of Goods Sold (eHow)
Quick step by step for calculating cost of goods sold.

Small Business Accounting Books

Small Business Accounting Simplified By Daniel Sitarz
Accounting and Finance for Your Small Business By Steven M. Bragg

Audits

How to Prepare for a Business Audit (eHow)
Steps on preventing and preparing for an audit.

Related Topics

Go to Small Business Taxes