If you are starting a business, you will need an good accounting system.
Many business owners believe they can skip this step to “save” on start up costs.
This often leads to decreased profitability, delinquent tax filings, inaccurate financial statements, costly end-of-year repair and clean up and frustrating tax preparation.
Setting up your accounting system correctly and maintaining it properly are crucial to growing your business and keeping it running smoothly.
Established businesses also may need to get their accounting under control.
Useful Links:
IRS Small Business and Self-Employed Tax Center
North Carolina Business Startup
