![]() Think of it like writing down all your numbers and making sure they are correct. It ensures that all your financial records are accurate and up to date. Bookkeepingīookkeeping is the recording and tracking of your business’s income and expenses. Most people get bookkeeping and accounting mixed up, so let’s start by separating the two. Which accounting software you should use.Whether you should DIY or use an external bookkeeper.This blog post is an outline to help you get started- from no financial management plan to a simple bookkeeping system you can use as you grow your store. All for starting a small print-on-demand store as a side hustle. Trying to wrap your head around financial statements, CPAs ( Certified Public Accountants), debits and credits, accounting software, and entry systems make your head hurt. Tracking income and expenses, creating your budget, and managing your books are all crucial aspects of building your business, making sure it runs smoothly and healthily. Handling accounting for your small business can be the most important aspect of financial success.
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