What is a Chart of Accounts?

09/08/2022 11 min Episodio 71
What is a Chart of Accounts?

Listen "What is a Chart of Accounts?"

Episode Synopsis


Understanding the different categories that make up your chart of accounts will help you make better and more informed financial decisions in your business. That is why in today’s episode, I’m defining what a chart of accounts is. More specifically, I’m breaking down the different categories you can expect to see on your chart of accounts.From the three main categories of your balance sheet and what each of them means to how to read and categorize your profit and loss statement. This episode is a must-listen for business owners and freelancers who feel like their accounts are all over the place. Get a pen and paper ready, and tune in!Looking for tips, insights, and support with all your accounting needs? Then head over to the Little Fish Resource Library! If you're ready to outsource your Accounting and/or Tax prep needs go to www.littlefishaccounting.comFind us online:Instagram:www.instagram.com/littlefishaccountingFacebook: www.facebook.com/littlefishacctgConnect with Keila!LinkedInwww.krht.co