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Wednesday, July 13, 2005

Accounting basics

Accounting - Yeah, its important.

Its important to keep your books clean right from the start, so you don't spend too much time during year end tax periods.

Here is a good siteto learn the basic terminologies.

My personal preference is to get a reliable accountant to maintian your books monthly. We had a good accountant who came in few hours every month at $30/hour in Boston. She saves us all the money we paid us by getting us the best tax savings during the year end.

We'll visit taxes separately again.

4 comments:

Accounting Guy said...

Thanks for the businnesstown web site, I have been on it all day:) Here is another great web site to learn accounting which I use daily.

Dawood Mamedoff said...

To get a basic understanding of how accounting really works I'd advice the following article:

http://www.myhowtoos.com/en/at-work-howtoos/80-understanding-accounting-basics

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