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Accounting 101 For Small Business Owners

Lendio

Tip: While most major banks connect seamlessly with most major accounting software products, you may want to double-check that this is the case if you’re banking with a smaller institution like a local credit union. In every journal entry, one or more accounts are debited, and one or more accounts are credited.

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Welcome To The Small Business Guide To Bookkeeping

Lendio

This guide aims to provide you with the necessary knowledge and practical steps to successfully set up and manage your company’s books. Bookkeeping is the collection of data from various sources and entering it into your company’s accounting system—but there’s more to it than just data entry. What Is Bookkeeping?