9 Ways Small Businesses Use QuickBooks Create and Track Invoices. You can create invoices easily and either print them or email them to customers. ... Keep Track of Bills & Expenses. QuickBooks automatically keeps track of your bills and expenses by connecting your bank and credit card accounts to QuickBooks so that all of ... Print Financial Statements for Your Business. ... More items...Do Your Best Small Business Accounting?
How to Do Small Business Accounting. Here's how to set up the basic accounting cycle for your small business. 1. Open a Separate Bank Account. Open a dedicated bank account to separate your business finances from your personal finances. A business checking account, as well as a savings account, will help you organize your revenue and allow you to plan for taxes at the year-end. 2. Record All Income and ExpensesWhat is commercial accounting software?
Accounting software work with almost any business, and allow you to create customized functions to fit your specific needs. Commercial accounting software often includes graphs that summarize data, as well as reports that provide a picture of a business's health and the forms needed for taxes.