As an accounting professional for over 25 years, I have had the pleasure of working with several business owners. As a business owner...

The most common financial statements used are the Profit & Loss and the Balance Sheet.⁠ The Profit and Loss Statement shows if your...

If you own a business as a Sole Proprietor, you will probably have Owner's Equity. Often, to start a new business, the business owner...

Bookkeeping, in general, can be challenging for a business owner. Learning some bookkeeping terminology can help.

A common question I get often is, "What is a Chart of Accounts and how do I set it up?" The short answer to this question is, your Chart...