Basic Accounting Procedures. An accounting system tracks and controls the income and expenses of a business. Accounting systems can be as simple as a pen and notepad, and can be as complex as an ...

Basics of Business Accounting. In order to function, every business involves some form of accounting because accounting encompasses buying, selling, banking, assets, liabilities and taxes.

New business owners who learn the basics of bookkeeping and accounting will chart a more direct and informed path to the winning half. 6 ideas for getting started with business finances 1.

Systems such as Feefee could automate basic accounting functions and allow accountants to provide more value to clients for the same cost.