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Plain-text accounting insights, tutorials, and updates from the Beancount.io team. Browse by tag.

Financial Detox for Your Small Business: A Step-by-Step Reset Guide
·mike

Financial Detox for Your Small Business: A Step-by-Step Reset Guide

60% of small businesses struggle with cash flow, yet most financial problems are preventable with the right systems. This 7-phase guide walks you through auditing your books, cutting wasteful expenses, separating personal and business finances, and building a cash flow forecast that keeps you out of crisis mode.

small-business
financial-health
cash-flow
Expense Tracking for Small Businesses: The Complete Guide
·mike

Expense Tracking for Small Businesses: The Complete Guide

A practical, IRS-grounded guide to small business expense tracking—covering deductible categories, documentation requirements for meals and mileage, and how to choose between spreadsheets, accounting software, and plain-text tools like Beancount.

expenses
expense-management
small-business
Catch-Up Bookkeeping: A Complete Guide to Getting Your Books Back on Track
·mike

Catch-Up Bookkeeping: A Complete Guide to Getting Your Books Back on Track

A practical, step-by-step guide to catch-up bookkeeping for small businesses—covering how to reconstruct overdue financial records, what professional cleanup costs ($300–$8,000+), and proven habits to prevent the backlog from building again.

bookkeeping
small-business
tax
Best Ecommerce Accounting Software in 2026: The Complete Guide for Online Sellers
·mike

Best Ecommerce Accounting Software in 2026: The Complete Guide for Online Sellers

A practical comparison of the six best ecommerce accounting tools in 2026—QuickBooks Online, Xero, Wave, Zoho Books, FreshBooks, and A2X—covering payout reconciliation, multi-state sales tax, inventory tracking, and how to choose based on your volume, channels, and budget.

e-commerce
accounting-software
reviews
Bank Statements: What They Are, How to Read Them, and Why They Matter
·mike

Bank Statements: What They Are, How to Read Them, and Why They Matter

A bank statement summarizes every deposit, withdrawal, fee, and balance change in your account over a fixed period. This guide covers how to read each section, reconcile statements with your books, spot fraud early, and store records for IRS compliance.

banking
bookkeeping
reconciliation
ACH Payments vs. Wire Transfers vs. Checks: Which Is Right for Your Business?
·mike

ACH Payments vs. Wire Transfers vs. Checks: Which Is Right for Your Business?

A practical comparison of ACH payments, wire transfers, and paper checks for small businesses—covering costs, processing time, reversibility, and fraud risk, with clear guidance on when to use each method.

payments
small-business
banking
What Is Accounting? A Complete Guide for Small Business Owners
·mike

What Is Accounting? A Complete Guide for Small Business Owners

A plain-English breakdown of accounting for small business owners—how the accounting cycle works, when to use cash vs. accrual basis, the three core financial statements, and the most common bookkeeping mistakes that derail otherwise healthy businesses.

accounting
accounting-basics
small-business
What Is APR? Annual Percentage Rate Explained for Small Business Owners
·mike

What Is APR? Annual Percentage Rate Explained for Small Business Owners

APR bundles a loan's interest rate and all lender fees into a single number, revealing the true cost of borrowing. Learn how to calculate APR, compare competing loan offers, and spot red flags in merchant cash advances and short-term financing.

apr
borrowing
loans
Revenue vs. Profit: What's the Difference and Why It Matters for Your Business
·mike

Revenue vs. Profit: What's the Difference and Why It Matters for Your Business

Your business pulled in $500,000 last year—but did you actually make money? Learn the critical difference between revenue and profit, the three types of profit you must track, and how to improve your margins.

accounting
small-business
financial-management
How to Get a Business Loan: A Complete Guide for Small Business Owners
·mike

How to Get a Business Loan: A Complete Guide for Small Business Owners

A step-by-step guide to securing a business loan—covering SBA loans, bank terms, online lenders, credit score requirements, and the most common application mistakes small business owners make.

loans
small-business
sba
Debits and Credits Explained: A Plain English Guide for Small Business Owners
·mike

Debits and Credits Explained: A Plain English Guide for Small Business Owners

A practical explanation of how debits and credits work in double-entry accounting — covering the five account types, the accounting equation, real-world journal entry examples, and the most common bookkeeping mistakes small business owners make.

accounting-basics
bookkeeping
double-entry
Cash Flow: What It Is, Why It Matters, and How to Improve It for Your Small Business
·mike

Cash Flow: What It Is, Why It Matters, and How to Improve It for Your Small Business

Poor cash flow contributes to 82% of small business failures—not bad products or weak demand. This guide explains the three types of cash flow, why profitable businesses still run out of cash, and 10 practical strategies to improve liquidity, from shortening payment terms to building a 12-week rolling forecast.

cash-flow
small-business
financial-management
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