How to Do Accounts for Small Business A Practical Guide
Getting your business accounts right from the start means building a solid financial framework from day one. This isn't just about tracking money; it's about creating a system that gives you clarity and confidence in your decisions. It starts with choosing a business structure, opening a dedicated bank account, picking an accounting method, and mapping out a Chart of Accounts
How to Create a Chart of Accounts for Your Service Business
Before you can build your Chart of Accounts, you first need a solid grasp of how to categorize all your financial activities. The whole process involves grouping everything into five core account types, giving them a logical numbering system, and then plugging that framework into your accounting software. It’s less about accounting theory and more about creating a perfectly organized filing