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Understanding the basics of business accounting is key to knowing how money works in your business and ways to improve or grow the business.
Also key, is keeping good accounting records so you know where your business is going. This will allow you to correct problems and / or trends before it is too late. If you are unsure or not happy with your accounting records, please seek expert advice. This will cost you money now, but will save you money in the long term.
Articles
• The Profit & Loss Statement
• The Balance Sheet
• Analysing the health of your business
Useful Links
• Inland Revenue Department - business tax information
• Accounting Basics - from Business Town
• Managing your business Finances - CCH Business Owners Toolkit
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