Steadfast Bookkeeping Blog: Tools, Tips & Insights

Bookkeeping Resources

Bookkeeping Resources

Rebecca Dziedzic Rebecca Dziedzic

Bookkeeping 101: Bookkeeping Basics for Small Businesses

Learn the fundamentals of bookkeeping and how it can help you make informed financial decisions for your business. From tracking expenses to managing cash flow, this article from @nerdwallet covers everything you need to know to get started.

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Rebecca Dziedzic Rebecca Dziedzic

Top Bookkeeping Tips Every High School Senior Needs to Know for Financial Stability

As high school seniors prepare for college and beyond, one key aspect of their financial stability is bookkeeping. Properly managing money and keeping track of expenses can help them avoid debt, build credit, and establish good financial habits. Here are some top bookkeeping tips that every high school senior needs to know for financial stability.

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Rebecca Dziedzic Rebecca Dziedzic

IRS E-News Subscriptions

Stay informed! Did you know the IRS offers a variety of E-news subscriptions on a variety of tax topics including?

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Rebecca Dziedzic Rebecca Dziedzic

What is a Profit and Loss Statement?

A Profit and Loss Statement is critical to making sound bookkeeping judgments. Check out this great article from Small Business Trends to find out why!

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Rebecca Dziedzic Rebecca Dziedzic

What is a Balance Sheet?

The balance sheet is your financial snapshot. Do you track your balance sheet from month to month? If not, start now. This Small Business Trends article will give you the how and why!

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Rebecca Dziedzic Rebecca Dziedzic

How to Categorize Business Expenses

It’s really quite easy to break your business expenses up into categories, but many small business owners put this process off until it’s absolutely necessary, creating more work in the process. This article from The Ascent is a great resource for organizing your expenses.

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Rebecca Dziedzic Rebecca Dziedzic

23 Common Tax Deductions for Small-Business Owners

"We don’t have to convince you that taxes are complicated—especially for small-business owners. You know it. We know it. But not paying attention to your taxes could cost you big-time—especially if you’re not sure which small-business tax deductions you’re eligible for. And Uncle Sam doesn’t exactly give you a road map here."

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Rebecca Dziedzic Rebecca Dziedzic

Double-Entry Bookkeeping Guide for Small Business Owners

Double-entry bookkeeping is an important concept that drives every accounting transaction in a company’s financial reporting. Business owners must understand this concept to manage their accounting process and to analyze financial results. Use this guide from QuickBooks to learn about the double-entry bookkeeping system and how to post accounting transactions correctly.

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Rebecca Dziedzic Rebecca Dziedzic

Great Finance Dictionary

Ok, I know what you are thinking - are you really posting a dictionary? Boring 😉

Yes, I am 😀. This Great Finance Dictionary from Wall Street Mojo is an excellent resource no matter which financial term, formula, concept, or theory you are searching for, you will get it all here at the Wall Street Mojo’s centralized resource center.

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Rebecca Dziedzic Rebecca Dziedzic

Cost of Goods Sold: How to Calculate and Record COGS

With prices raising around us in virtually every area, it is important to analyze your costs of goods sold to make sure that you are pricing your inventory and services correctly. This QuickBooks blog will show you how to calculate and record your cost of goods.

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Rebecca Dziedzic Rebecca Dziedzic

Understanding Financial Projections and Forecasting

Creating financial projections can help you map out the future of your business. Financial forecasting is an important part of managing your business. Preparing financial projections may seem like a daunting task, but if you can create financial statements, you can create financial projections.

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