5h • Communities
What Is Bookkeeping? (And Why New Entrepreneurs Get It Wrong)
Bookkeeping is simply tracking what your business earns and what it spends.
That’s it. Not fancy. Not scary.
Not “you must be a math wizard.”
Just organized money in → money out.
But here’s where new entrepreneurs often trip up:
❌ Mixing personal & business spending
❌ Ignoring their books for months at a time
❌ Using Uncategorized for everything
❌ Calling owner draws “expenses”
❌ Calling owner investments “income”
❌ Thinking bookkeeping = taxes (it doesn’t… but it affects taxes!)
Clean books = clarity.Clarity = confidence.
Confidence = better decisions (and usually lower tax bills).
If you're ready to fix your books, learn the basics, and finally feel in control of your numbers…
DBR Bookkeeping can help you get there—step by step, stress-free.
What question do you have about bookkeeping?
Let's start Doing Business Right!
DBR
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What Is Bookkeeping? (And Why New Entrepreneurs Get It Wrong)
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