Basic small business accounting and bookkeeping terms and how-tos. Check out our definitions that won’t hurt your brain. And find related terms and resources.
Accounting software Accounts payable Accounts receivable Accrual accounting Accruals
Bank reconciliations Basis of accounting Bookkeeping vs accounting Business accounting
Cash accounting Cash flow management Cash flow statement Cash vs accrual accounting Commercial invoice
Financial management Financial reporting Financial statement Fixed assets
Gross profit Gross profit (calculate) Gross profit vs Net profit Gross profit margin Gross profit margin (calculate)
Invoice
Margin vs Markup Mark up Mark up (calculate)
Net profit Net profit (calculate) Net profit margin Net profit margin (calculate)
Operating profit Operating profit (calculate)
Payslips Profit & loss statement Profit Profit (calculate) Profit margin Profit margin (calculate)
Sole proprietorship
Working capital
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