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How do I do accounting/bookkeeping for my business?

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ryanmcblade

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Aug 23, 2019
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I'm looking to get a business started. My main issue is that I have no clue what I need to do for the accounting/bookkeeping for my business. I have no clue where to look, what documents I need, nothing. If anyone can point me to the right resources on how to do accounting/bookkeeping for my business I'd appreciate it.
 

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aeden

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I'm looking to get a business started. My main issue is that I have no clue what I need to do for the accounting/bookkeeping for my business. I have no clue where to look, what documents I need, nothing. If anyone can point me to the right resources on how to do accounting/bookkeeping for my business I'd appreciate it.
Not sure if you've already set up your business in your locality - if not you may need to do that first or in parallel to your initial setup of your accounting.

Options for bookkeeping/accounting:

- Hire a CPA (local, or otherwise) to advise you on the initial setup and handle your bookkeeping and tax filing.
- Use Online Bookkeeping Services for Your Small Business | Bench Accounting for the bookkeeping part and get a CPA for tax season.

Bench also happens to have a nice article on basics of bookkeeping: Bookkeeping Basics: A How-To Guide for Small Business Owners | Bench Accounting

Finally, you could opt for the YOLO mode and solve peoples problems first and deal with bookkeeping/accounting options after you've made some sales, however I advise against this (having done it the first time I set up a business ;) ).
 

YoungPadawan

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I'm looking to get a business started. My main issue is that I have no clue what I need to do for the accounting/bookkeeping for my business. I have no clue where to look, what documents I need, nothing. If anyone can point me to the right resources on how to do accounting/bookkeeping for my business I'd appreciate it.
I use QuickBooks online. I've used Wave in the past, but it was a bit glitchy for me. QuickBooks online is pretty cheap and works well.
 

mikemiller

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Aug 19, 2019
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I'm looking to get a business started. My main issue is that I have no clue what I need to do for the accounting/bookkeeping for my business. I have no clue where to look, what documents I need, nothing. If anyone can point me to the right resources on how to do accounting/bookkeeping for my business I'd appreciate it.
Hi,
You can try using software if you want to maintain accounting all by your own!
 

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