Many also offer free tutorials and support, so you can get help when you need it. Finally, there are many online resources, such as accounting forums and blogs, that can teach you how to use accounting software. QuickBooks is a good choice for freelancers and small businesses that need a simple way to track expenses, […]

By categorizing transactions in a consistent manner, a well-structured chart of accounts enhances the firm’s ability to track income and expenses. Also, it facilitates monitoring of cash flow and identifies financial trends or anomalies. Your firm’s various financial accounts are organized under these categories. For example, your asset account might contain sub-accounts for your operating […]