Remove accounting meaning Remove double entry bookkeeping Remove what is accounting
article thumbnail

Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

It’s mostly based on accurately recording all the financial transactions in your books, hence bookkeeping. The professionals that record those transactions are called bookkeepers. What is accounting? However, for small businesses, the general advice is to use cash basis accounting, since it’s usually simpler to navigate.