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Bookkeeping, in plain English
Practical guides for small business owners who’d rather run their business than study accounting. RSS feed
Net 30 payment terms: what they mean and when to use them
A plain-English guide to Net 30 and other invoice payment terms for consultants, agencies and firms that bill other businesses.
Read →How to read an A/R aging report (and what to do with each column)
A plain-English guide to the A/R aging report for firms that bill other businesses: what each bucket means and what to do about it.
Read →Month-end close for a small firm: a simple checklist
A short monthly routine for consultants, agencies and other firms that bill businesses: review, reconcile, chase receivables, and read your numbers.
Read →How to keep the books for more than one LLC (without mixing them up)
Own a consulting firm and a holding company, or an agency and a second brand? How to run separate books for each LLC and handle money between them.
Read →Separating personal and business money when you own an LLC
Why keeping your LLC's money separate matters, how to set it up, and how to pay yourself the right way.
Read →How to get paid faster: invoices and reminders that work
Practical, polite ways to shorten the time between finishing a job and getting the money in your account.
Read →How to categorize business expenses (with common categories)
What expense categories are for, a starter list most small businesses can use, and simple rules for the tricky ones.
Read →What to hand your CPA at year end (and make it painless)
A practical list of the reports and documents your accountant usually needs, and how to gather them without a scramble.
Read →Cash vs. accrual accounting: which fits your small business?
The two ways to record income and expenses, explained with everyday examples, plus how to decide which one to use.
Read →How to reconcile your bank account in 15 minutes
A plain-English, step-by-step routine for checking that your books match your bank, without an accounting degree.
Read →Books that keep themselves current
Apsis connects to your bank, suggests categories you review, and sends invoices with your terms and automatic reminders. $19/month after a 30-day free trial.
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