small business accounting

small business accounting

5 posts

Latest Posts

What is a Balance Sheet? Explained under 3 minutes

What is a Balance Sheet? Explained under 3 minutes

A Balance Sheet offers a snapshot of your company’s financial position at a moment in time. The Balance Sheet helps you answer the questions: - How much does your business own? - How much does your business owe? - How much was invested by your own fund, or shareholders funds?

2 min read 3 months ago

What is an Income Statement and Why Is It Important?

What is an Income Statement and Why Is It Important?

Everything you need to know about the income statement - from the definition of what income statement to the reasons why businesses need to prepare an income statement.

2 min read 3 months ago

A Step-by-step Guide To Understanding & Reading Balance Sheets

Priyanka Tiku Tripathi

A Step-by-step Guide To Understanding & Reading Balance Sheets

A balance sheet is like a performance report of any company. It gives you an accurate picture of how your…

7 min read 4 months ago

Complete Guide to Income Statement for Small Businesses [+ examples and templates]

Complete Guide to Income Statement for Small Businesses [+ examples and templates]

The income statement is a comprehensive breakdown of your company's operating and non-operating expenses and revenue.

15 min read 4 months ago

Small Business Accounting Checklist

Small Business Accounting Checklist

Accounting Tasks for your Small Business Small business accounting is riddled with the daily tasks of managing your finances. This…

2 min read 9 months ago

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