Books Blog / Chart of Accounts

How to Convert Your Books from Cash Basis to Accrual Basis Accounting

4 MIN READ When you first started your business, you may have chosen to use cash basis accounting for its simplicity. This method works well for new businesses with minimal...

How Much of What You Spend Should Be Included In Your Books?

6 MIN READ Once upon a time, someone told me you can claim everything through your business and never have to pay taxes again. It sounded too good to be true! Well guess what? It...