Your Accounting Guide
Welcome, Welcome, Welcome. This blog serves 3 purposes
1) To teach you how to save money with your accountant by making him or her happy
2) To teach you the terminologies and issues you need to know so as to communicate effectively with your accountant
3) To serve as a general accounting/ business guide.
In this blog, we will follow George on his journey of starting and growing his lawn mowing business. We will see how he is able to handle the accounting aspects of his business and how he makes important decisions that affects his long-term growth.
At any time click the “Your Accounting Guide” tab to get back to this page. If a link is not click-able then the content is still in process
Introduction to Accounting
Lesson 2: The Six Things You Need to Know
Lesson 3: What You Have and What You Need To Have
Lesson 4: What You Have Earned, Spent and What You Take Home
Lesson 5: What You Keep Over Time
Introduction to Accounting part 2
Lesson 8: Handling your accounts receivable
Lesson 9: Prepaid Expenses
Lesson 1o: Long term assets
Lesson 11: Accrual based accounting versus cash accounting
Lesson 12: Cash flow forecast
Lesson 13: Budget
Business Structure
Choosing your business structure
Are you an Employer?
Organizing Your data
Which Quickbooks should you use?
Getting started with Quickbooks
Using Quickbooks for operational tasks
Save up to 20% QuickBooks Pro 2013. Reduce Paperwork. Save Time.
Tax Considerations
Payroll taxes
Federal taxes
Business Model
Revenue generation strategies
Pricing considerations
Your business
Your financial team
Why you should hire a virtual accountant
Saving money on accounting fees
Choosing a virtual accountant
Financial Statement Analysis
