Bookkeeping methodQuestion When should I start bookkeeping?
Answer You should start the record keeping of your business with the first dollar you spend on your business.
Consult with a certified public accountant to determine things like: - Accounting software - Business legal structure - Accounting method, cash or accrual - Tax filing requirements, procedures and dates 
Brain Trust contributor:
Author of J.K. Lasser's Small Business Taxes 2007
Related Categories: Accounting, Finance, Taxes, Business Start Up
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