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Basic Accounting Help

Free Accounting Spreadsheets for Small Business Owners

Category: Articles

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Keep in mind that one of the biggest deductions that you can take off your small business income is your business miles. Hopefully, you kept a good business mileage log. If not…now’s as good as any time to start one. If you don’t have room in your car for a big notebook or mileage log […]
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A T account is a way to organize and visually show double-entry accounting transactions in the general ledger account.  In practice, T accounts are not typically used for day-to-day transaction as most accountants will create journal entries in their accounting software.  While T accounts used more for a teaching and account visualization aid, the T […]
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