Small Business Bookkeeping

From Smallbusinesslibrary

Keeping good records of your expenses throughout the year can save you a lot of pain and frustration when the tax deadline is near. You can also save a lot of money on taxes by properly documenting all your expenses throughout the year. Whether you are doing the bookkeeping yourself or hiring help, here are some resources that can help you.

Learning About Bookkeeping

So You Want To Learn Boookkeeping?
7 lessons for learning the fundamentals of bookkeeping for your business.

Basic Bookkeeping Tips (Allbusiness.com)
Maintaining daily records and developing a logical system can help keep your bookkeeping organized.

Small Business Bookkeeping Tips

Top 10 Bookkeeping Mistakes Made by Small Businesses (Allbusiness.com)
Common mistakes include not including sales tax in the total and not including small expenses.

The Basics of Business Bookkeeping (OrangeSoda.com)
Another benefit of meticulously documenting your income and expenses on a regular bases is that you can see where your money is going and you may discover that you are spending more than you should on unnecessary expenses. They also recommend Outright as a simple bookkeeping online software program.

Bookkeeping Software

Outright.com
A free online bookkeeping software site. Allows you to track income and expenses from credit cards, invoices, receipts, or even merchant accounts.

WorkingPoint
Another free online bookkeeping and accounting software site. Also does invoicing.