Bookkeeping blogs and resources

Whether you’re a long-time business owner or just getting started, you’re likely going to encounter some questions about bookkeeping and accounting along the way. While consulting with a professional is generally the best way to ensure you’re getting sound advice, there are a few online resources that can be helpful as well.

Here are three online resources that can be helpful for business owners who want to learn more about bookkeeping, find answers to specific questions, and ensure they’re doing things the right way.

Accounting Coach

Accounting Coach is a really great online resource with basic questions and answers about common accounting terms and concepts. It’s a good first step if you hear a term you don’t know or want a simple explanation of key concepts.

QuickBooks Tips & Tricks group on LinkedIn

This LinkedIn group is a wealth of information about all things QuickBooks. With more than 28,000 members, there have been a lot of questions asked in the group with a lot of great discussion in the responses. You can request to join and then review previous questions which may very well lead you to the answer you need.

Internal Revenue Service website

Okay, this one may seem a little obvious, but it’s honestly an overlooked resource by many business owners. If you’re using an IRS form of any kind, I recommend visiting www.irs.gov to download the form every time you need it. The forms change over time, and you want to be sure you’re using the latest version. Plus, the IRS website has lots of useful information for small businesses, including all the details about what classifies as a deduction.

While these resources are great for quick answers about a specific topic and to ensure you’re following the IRS guidelines, it’s still beneficial to consult a professional for strategic guidance. A professional bookkeeper adds much more value than simply where to record debits and credits. They can review your accounts and help you understand how certain decisions impact the big picture, make sure you’re within all the necessary guidelines, and so much more.

Leave a Reply

Your email address will not be published. Required fields are marked *