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Small Business Accounting Package Michigan  Form

Small Business Accounting Package Michigan Form

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get ready for accounting basics and some time saving tricks because this is small business accounting explained in four minutes starting now okay taking it from the top accounting basic number one basic bookkeeping bookkeeping in essence is keeping records of business transactions you need to know everything you've sold and what you've got for it then do the same with your purchases the better your records the better you'll understand how your business is performing having an up-to-date picture of these incomes versus these costs lets you know if you're profitable or at least moving in the right direction time saving pro tip create a separate bank account as soon as the business gets started that way the new statement will double as a record of all your expenses accounting basic number two running reports checking in on key areas of your business and running reports can help a lot by crunching the numbers you may notice lots of money going out when it sh

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