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  • septimine
    +2

    It might push you back a few months, but if you're not planning on hiring a book keeper, take an accounting class at a local college or community college. I don't know if you need the whole degree, but being aware of money in and out is critical for business. And between the account journal and the receipts you keep, you should make your job really easy on tax time, plus it makes it easier to keep track of what you should have coming in and going out which makes other decisions easier.

    • Wenjarich
      +1

      I did accounting in high school but in my opinion that counts for nothing. I have a vague idea what T accounts are and about balancing the debits and credits. That was years ago. I actually hope to get away with using an excel spreadsheet keeping track of income and expenses because I certainly can't afford anyone for book keeping.