Accounting

Accounting for small businesses: What do I need to consider in 2024?

Accounting for small businesses: What do I need to consider in 2024?

Bookkeeping is very important for small business owners as it helps them keep track of their financial situation and run their business effectively. In this blog post, we will cover the different aspects of bookkeeping for small businesses and give tips on how to organise it efficiently. Key Takeaways Bookkeeping is a legal requirement for small business owners Small business owners can choose between cash basis accounting and balance sheet accounting Small business owners must keep certain records [...]

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Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!]

Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!]

Accounting is an essential part of every company. It enables the company's financial situation to be monitored, transactions to be tracked and reports to be prepared. Proper bookkeeping is crucial to ensure the success of a business and to fulfil legal requirements. In this article, we will take a closer look at the importance of bookkeeping for businesses and highlight the different aspects of bookkeeping. Key Takeaways Bookkeeping is the systematic

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Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!]

Bookkeeping for beginners: the most important basics explained

Accounting is an essential part of every company, regardless of its size or sector. It involves the systematic recording, organising and recording of all financial transactions that a company undertakes. In this blog post, we will take a closer look at the different aspects of bookkeeping to gain a better understanding of its importance and requirements. Key Takeaways Bookkeeping is the systematic recording and analysing of business transactions. Companies need to keep accounts when

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Bookkeeping: The most important aspects of legally compliant bookkeeping [Update!]

The importance of debit positions in accounting: everything you need to know

The debit position plays an important role in accounting. It is an essential part of accounting and is used to record and monitor the financial situation of a company. In this article, we will take a closer look at the debit position, explain its importance in accounting and explain the process of creating it. What is a debit position in accounting? The debit position is an important statement in a company's accounting.

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HGB Wiki: Everything you need to know about the German Commercial Code

HGB Wiki: Everything you need to know about the German Commercial Code

The German Commercial Code (HGB) is a central law for companies in Germany. It regulates the legal framework for trade and protects the interests of companies. In this article, we will take a detailed look at the HGB and analyse its importance for companies. The importance of the HGB for companies The HGB is of great importance for companies as it sets out the legal basis for trade and protects the interests of companies.

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