Running a business is different from every other job on the planet. Imagine if someone loved writing so much that they became a journalist, only to find out that they were expected to repair machinery as part of their duties. That’s what it’s like to be an entrepreneur. You have to do a lot of things that fall outside your skillset and comfort zone, every single day.
The one thing that stresses people out the most is accounting. It seems complicated, it’s not something most of us learn in school, and there can be major consequences to messing it up. It’s no wonder people fear their accounting—but it doesn’t have to be this way.
Fearless Accounting with Wave
At Wave, we’re big proponents of empowered accounting:
“We believe that understanding accounting is fundamental to business literacy, that’s why we make our software free for everyone. When you’re doing your accounting with confidence, you’re taking control of your business, positively influencing its growth, and, ideally, ensuring that fewer amazing small businesses fail.” —Kirk Simpson, CEO, Wave
We created Fearless Accounting with Wave as a free reference guide to help you understand and tackle your accounting. Use the guide to build your confidence and learn how to manage your bookkeeping so that you can stay in control of your business. It will also prepare you to work more successfully with an accounting professional.
Here’s what the guide covers:
- Accounting Coffee Breaks: Short learning segments that teach you all the concepts you need to know to actually understand accounting.
- The Bookkeeping Cycle: All of the bookkeeping tasks you’ll need to perform in Wave to create an accurate and meaningful set of books for your business.
- The Analysis Cycle: Tips to help you use financial metrics and analysis to better understand your business’s performance and influence its growth.
- Year-End Accounting: Everything you need to tie up the fiscal year and set yourself up for success heading into the next one.
The guide has everything you need to be successful and build confidence. You’ll come back to it again and again as part of your success toolkit as your business changes and grows over time. Download a copy of Fearless Accounting with Wave to get started.
Not using Wave but ready to be fearless?
It’s really easy to create your free Wave account and hit the ground running. Simply visit our home page, click on “Create your free account” and enter your email. You’ll be up and running in seconds. Then, try one of our free webinars to get the lay of the land, and download a copy of Fearless Accounting with Wave and get started right away.
The information and tips we’re sharing in this article are meant to be a starting point for your year-end tax prep, so you can be informed and feel confident when working with your accountant. Be sure to check with a tax expert in your country or region for any specific advice you need, as each business (and tax district) is different. As our lawyers would say: “This article is for informational purposes only. It should not be considered legal or financial advice.”