Bookkeeping Basics for Small Business: What Every Owner Should Know
Remote Quality Bookkeeping
APRIL 14, 2025
Familiarize Yourself With Your Bookkeeping System Businesses use two primary methods to document revenue and expenses and report to the IRS: cash basis or accrual. Accrual Basis Bookkeeping With accrual basis bookkeeping, you record income when it’s earned and expenses when they are incurred, regardless of when money is exchanged.
Let's personalize your content