
(AGENPARL) – mar 09 agosto 2022 The Small Business Administration provides basics to help business owners keep accurate records and manage their finances.
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Your Guide to Business Finances
[A woman writes down her business plan in a notebook next to her computer.](https://connect.usa.gov/e3t/Ctc/I1+113/c3nsC04/VVNDwz38MTfRW7JCNk25kwDrhW4dVnpw4Nx8vQN8mSy5m3q3n_V1-WJV7CgCsTW7cmYRJ2_fZXfW6wgnmz8fKT2tW4XyFmw6HDqc7W7KdYrJ1Fg672N7vkCdNv4r8xW324GKn2B9QsxW34fp0j6x7F_xW6R0pbt7hMDnSW1y91Xs2SSWKLW15xz5F5fLcCyVgn4db23BrksW12Db885ddbLtW3rXhwb28tzCgVkmV-K8WT1j7W4__t6f27q5VMW1F1R8M458JrLN89NCg9_chYrW55VRwY1Nx7sLW6n482Q8QRfL4W4YP0_h9bWc9WW6RDwXH1BJBnqW7p6DSM34jcBtW7H306r3QK2yQW69gCNf7x7MtzW4k09Zq2DqPMdV-jkJp50hrdV3k7N1)
Business owners must keep an accurate accounting of revenue and expenses to smoothly run their company. The Small Business Administration (SBA) helps business owners understand and organize business finances.
Two key topics include:
How to maintain an accurate balance sheet that accounts for business costs. A balance sheet can help track assets, liabilities, and equity to know the financial health of your company.
How to pick a method of accounting that matches your business needs. The accrual method puts transactions on the books immediately when there is a sale. The cash method records the sale only once you receive a payment.
[Discover more ways to better manage your company’s finances](https://connect.usa.gov/e3t/Ctc/I1+113/c3nsC04/VVNDwz38MTfRW7JCNk25kwDrhW4dVnpw4Nx8vQN8mSy5m3q3n_V1-WJV7CgQwQV2Y3kV100TQXW3dnfps1QgHrvW2lPsDp5mdNCmW46XnLl7DkWFDW2Z9zvG7krSxGW3zXwS_14mcRqW4sZtMN4mT1VZW7PRw7w8_pmsKW2BVly521c3f6W7b6GPt3f4dR0W2KjHWR6vLDGJW4v0mvl10fmPPN2L_b6z6b_lmW8n5-1G5fSM7GW87yqLB6dggmwN640mPtW-B3WW6Tshmr89c1Z8W9b1Sjy21F4xVW6qqmX65PR0-6W179RWw5hRl8CN3_ZLrGdCgTJTdflg2dfYk_VjZPMx2w988rW7gdhpf91M0LnW2kYp1L7gMt0HW13fBsR34WqSv3j3w1).