Bookkeeping System and Format for a Website Business
I am going to start to develop a website soon about gardening. I will be using Site Build It and I will like to keep all records of income, expenses and receipts with regards to the website.
What format should I use to record all financial transactions that relates to my website business?
To be specific what type of bookkeeping system I should use?
If you can give an example of how I can construct the financial statements that shows income flow and expenditure, I will greatly appreciate that.
Thanks for your question.
I always highly recommend Quickbooks as that is what I use and I find it to be very user friendly and full of helpful tutorials. If you decide to go with a software like Quickbooks, it comes with built in reports for all of your financial statements.