Taxes are one of the most important reasons for a home business to keep accounting records.At the end of the year, you need to show money made and money paid.
Accounting 101 – For Home Based Businesses
Category: Finance
Accounting 101 – Accounting Vocabulary
When you learn something new, like accounting concepts and terms, it helps to create links between what you already know and what you are trying to learn.
Accounting 101 – Personal Accounting
If you track your income and outgoings every day, preparing your personal annual statement and tax return doesn’t need to be a mammoth task.
Accounting 101 – Every Business Needs and Accountant
As trends change, accounting is becoming more diverse and less just a task of bookkeeping ‘crunching numbers’.
Accounting 101 – Basic Accounting Principles
Much of accounting is concerned with basic bookkeeping, but the owners of a company are most concerned with the information contained in the financial statement.
Accounting 101 – General Accounting Principles
If everyone involved in the process of accounting followed their own system, or no system at all, there’s be no way to truly tell whether a company was profitable or not.
Accounting 101 – New Educational Series
Whether you purchase software or just an old-fashioned ledger, keeping track of the payments received and sent on behalf of your home business is a very important step in running a successful business.
How to Survive Financially During Coronavirus
How much you are impacted by tough economic times is largely down to how well you prepare.
This article offers some financial tips which will serve you now, and well into the future.
What You Need To Know About Credit Repair
Everyone should know their Credit Score. A good credit score gives you access to credit, and lower interest rates.
If your credit score is bad, you need to find out why and take corrective action.
Understanding Financial Statements
The world understands the status of any business is through its financial statements.
Here is an introduction to the most crucial reporting statements you need to know about.