BUSINESS
July 29, 2023

How to keep Financial Records for a Small Business?

How to keep Financial Records for a Small Business? A small business’s profitability and compliance depend on maintaining accurate financial records. You can follow these procedures to keep your financial documents organized and accurate: 1. Keeping your personal and business finances separate: To keep company transactions and personal costs apart, open a separate business bank […]

BUSINESS
July 28, 2023

How to Record Business Expenses

How to Record Business Expenses Accurately recording business expenses is crucial for keeping good financial records and ensuring that your company stays in compliance with tax laws. An instruction manual for recording business expenses is provided below: 1. Open a separate bank account for your business operations. By keeping your personal and business accounts separate, […]