Accounting for small businesses: What do I need to consider in 2024?
Bookkeeping is very important for small business owners as it helps them keep track of their financial situation and run their business effectively. In this blog post, we will cover the different aspects of bookkeeping for small businesses and give tips on how to organise it efficiently. Key Takeaways Bookkeeping is a legal requirement for small business owners Small business owners can choose between cash basis accounting and balance sheet accounting Small business owners must keep certain records [...]
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