How to Clean Up QuickBooks Online — Step-by-Step for Small Business Owners How to Clean Up QuickBooks Online: Step-by-Step for Small Business Owners If your QuickBooks file is a mess, you’re not alone. Many small business owners get behind, miscategorize transactions, or sync bank feeds without double-checking. The good news? You can clean it up … Read more
Double Entry Accounting Explained: A Simple Guide for Small Business Double Entry Accounting Explained: A Simple Guide for Small Business Double entry accounting is the standard method used by businesses to track and verify every financial transaction. It works by recording each transaction in two places — once as a debit and once as a … Read more
Double Entry Bookkeeping: Simple Guide for Small Business Owners Double Entry Bookkeeping: Simple Guide for Small Business Owners Double entry bookkeeping is the practice of recording every business transaction in (at least) two places—once as a debit, once as a credit. This two-sided method keeps your books balanced and instantly reveals mistakes. If you own … Read more
What Is a Journal Entry in Bookkeeping? If you’re trying to keep your business finances organized, you’ll eventually run into the term “journal entry.” It might sound like something out of a diary, but in the world of bookkeeping, it’s one of the most important building blocks of your accounting system. A journal entry is … Read more