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 Accrual accounting Accurals
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)
Invoice
Net profit Net profit margin (calculate)
Payroll records Payslips Profit & loss statement
Sole proprietorship Stock management
Taxable deductions Trade creditors Trade debtors
Working capital
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