Small Business Guide
Bookkeeping Basics for Small Business Owners
Bookkeeping helps you understand where your money comes from, where it goes, and whether your business is growing.
1. Track Your Income
Record every payment your business receives. This includes cash, card payments, checks, online payments, and bank transfers.
2. Track Your Expenses
Save records for rent, supplies, mileage, software, marketing, phone bills, equipment, and other business costs.
3. Keep Receipts Organized
Use folders, cloud storage, or bookkeeping software to keep receipts organized by month and category.
4. Review Monthly Reports
At the end of each month, review income, expenses, profit, unpaid invoices, and cash flow.
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