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  1. How to create a small business bookkeeping system in Excel

    • 1. Keep your business and personal finances separate Before you set up your bookkeeping spreadsheet, an essential first step is to ensure you can isolate your business transactions with ease. ...
    • 2. Decide what accounting method you want to use ...
    • 3. Create a chart of accounts ...
    • 4. Create an income and expense sheet ...
    • 5. Create optional bookkeeping reports
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