Keep all cash, credit card, and other financial activities separate. When you keep detailed, organized records of your business transactions, tax season suddenly won’t feel like such a daunting chore.…
The best example is high-interest credit card debt, especially if you can’t pay off your balance each month. Good debt can be defined as money you borrow for something that…
For example, hiring an additional employee is qualitative information with no financial character. However, the payment of salaries, acquisition of an office building, sale of goods, etc. are recorded because…