Small business accounting and bookkeeping guides
Straightforward explanations of the accounting work behind a growing business — expense tracking, bookkeeping fundamentals, profit calculation and monthly reporting. Each guide covers the method first, then shows how the same work is handled inside YourProfitBook.
These guides are general information, not accounting or tax advice. YourProfitBook does not file tax returns and does not replace your accountant.
How to Track Business Expenses
A step-by-step method for capturing, categorising and posting every business expense so the total on your profit and loss statement is the total you can defend.
Read guide BookkeepingSmall Business Bookkeeping Basics
What double-entry bookkeeping actually requires — chart of accounts, journal entries, bank reconciliation and the monthly close — explained without the jargon.
Read guide ReportingProfit and Loss Tracking for Small Business
How to keep a P&L that stays accurate month after month, and what to check before you trust the profit figure at the bottom of it.
Read guide ProfitHow to Calculate Business Profit
Gross profit, operating profit and net profit — how each one is calculated, what it tells you, and where owners most often get the numbers wrong.
Read guide ReportingProfit and Loss Statement for Small Business
Every line of a P&L statement explained, how it ties back to your general ledger, and how to produce one your accountant or lender will accept.
Read guide ReportingMonthly Profit Report Template
A repeatable monthly reporting pack — what to include, in what order, and how to review it so problems surface while you can still act on them.
Read guide
Where to go next
See the full accounting platform
General ledger, reconciliation, A/R and A/P, inventory, projects and consolidated reporting.
Find the setup for your business
Service and project companies, product and inventory businesses, multi-entity owners and accountants.
Compare against QuickBooks
What transfers, what a one-way import covers, and where the two products differ.
Review plans and pricing
Three plans, no per-seat penalty, and a 30-day free trial with no credit card required.