Small business accounting
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|Mon, 05-29-2006 - 7:55am|
Good morning and happy Memorial Day!
I'm just starting a home-based business and have been busy with the requisite legal and tax paperwork as well as setting up my home office. The administrative end of the job is fairly simple, but I've yet to find anything that addresses accounting/bookkeeping issues. I know to keep my personal and business finances separate, but beyond that, what specific records do I need to keep? Should I invest in a small business accounting program like Quickbooks, or will a spreadsheet suffice?