Your small business accounting system should allow you to keep appropriately detailed records of the assets and liabilities of the business.Your small business accounting system should produce the business forms-checks, invoices, customer statements, and so on-that you need again and again in your business.the bank, your partners or investors, the Internal Revenue Service) accurately measure your financial condition. Your small business accounting system-whatever it is-should let you and other people (e.g.To start, note the three basic tasks that a small business accounting system does (or is supposed to do): Since Steve, the firm’s founding CPA, is the author of both Quicken for Dummies and Quickbooks for Dummies, we can probably provide some useful information on the Quicken vs. Small business owners frequently ask us, “Can I use Quicken or do I have to use QuickBooks for my business?”
