---
title: "Small Business Bookkeeping Guides (Page 2) | MCC Solutions"
description: "Page 2. Plain-language bookkeeping guides for small businesses: QuickBooks ProAdvisors, reconciliation, catching up, sales tax, payroll, 1099s and more."
url: "https://mcc-solutionsnj.com/bookkeeping/guides/page/2"
---

Bookkeeping guides

# Plain answers to small business bookkeeping questions (page 2)

Short guides from the MCC Solutions desk for New Jersey business owners. General information, not tax or legal advice.

[![Intuit ProAdvisor Gold tier badge](/img/credentials/intuit-proadvisor-gold.png)](https://proadvisor.intuit.com/app/accountant/search?searchId=matthew-coleman77)Gold tier in Intuit's ProAdvisor program. [See my Intuit listing](https://proadvisor.intuit.com/app/accountant/search?searchId=matthew-coleman77)

Keeping your own books? Tallyfinch does invoices, bank import and reports on your computer. [See Tallyfinch](/bookkeeping/mcc-books-downloadable-bookkeeping-software)

## More guides (page 2)

- [What Is a Trial Balance and How to Use One](/bookkeeping/guides/trial-balance-explained)
- [Closing Entries and Retained Earnings Explained](/bookkeeping/guides/closing-entries-and-retained-earnings)
- [Cost of Goods Sold Explained for Small Business](/bookkeeping/guides/cost-of-goods-sold-explained)
- [Gross Margin vs Markup: Stop Mixing Them Up](/bookkeeping/guides/gross-margin-vs-markup)
- [Break-Even Analysis: How Much Must You Sell?](/bookkeeping/guides/break-even-analysis-for-small-business)
- [Receipts and Documentation: Habits That Save Tax Time](/bookkeeping/guides/expense-receipts-and-documentation-habits)
- [Reimbursing Owners and Employees for Business Costs](/bookkeeping/guides/reimbursing-owners-and-employees-correctly)
- [Vendor Statement Reconciliation for Accounts Payable](/bookkeeping/guides/vendor-statement-reconciliation)
- [Job Costing for Service Businesses and Contractors](/bookkeeping/guides/job-costing-for-service-businesses)
- [Tracking Income Streams With Classes and Locations](/bookkeeping/guides/classes-and-locations-to-track-income-streams)
- [Voiding vs Deleting Transactions in Accounting Software](/bookkeeping/guides/voiding-vs-deleting-transactions)
- [How to Prepare Your Records for a Tax Preparer](/bookkeeping/guides/how-to-prepare-records-for-your-tax-preparer)
- [Questions a Tax Preparer Will Ask About Your Books](/bookkeeping/guides/questions-a-tax-preparer-will-ask-your-bookkeeper)
- [Sole Proprietor Bookkeeping Basics and Tax Records](/bookkeeping/guides/sole-proprietor-bookkeeping-basics)
- [How Your LLC's Tax Treatment Changes Your Books](/bookkeeping/guides/how-llc-tax-treatment-affects-your-books)
- [S Corporation Bookkeeping: What Changes From an LLC](/bookkeeping/guides/s-corporation-bookkeeping-what-changes)
- [Owner Draws, Distributions and Salary Explained](/bookkeeping/guides/owner-draws-distributions-and-salary-explained)
- [Choosing a Business Structure: Bookkeeping Questions](/bookkeeping/guides/choosing-a-business-structure-bookkeeping-questions)
- [Estimated Taxes for the Self-Employed: The Concepts](/bookkeeping/guides/estimated-taxes-for-self-employed-concepts)
- [The Tax Savings Account Method for Business Owners](/bookkeeping/guides/tax-savings-account-method-for-business-owners)
- [Common Deductible Expense Categories and Proof to Keep](/bookkeeping/guides/common-deductible-expense-categories-and-records)
- [Receipts and Documentation: What Counts as Support](/bookkeeping/guides/receipts-and-documentation-what-counts-as-support)
- [Home Office Records: What to Keep and How to Track It](/bookkeeping/guides/home-office-records-what-to-keep)
- [How to Keep a Business Mileage Log That Holds Up](/bookkeeping/guides/how-to-keep-a-business-mileage-log)
- [Vehicle Expense Records for the Actual Cost Method](/bookkeeping/guides/vehicle-expense-records-actual-cost-method)
- [Business Meals: Records and Documentation That Help](/bookkeeping/guides/business-meals-records-and-documentation)
- [Business Travel Records for Overnight Trips](/bookkeeping/guides/business-travel-records-for-overnight-trips)
- [Contractor vs Employee: The Bookkeeping View](/bookkeeping/guides/independent-contractor-vs-employee-bookkeeping-view)
- [W-9 Forms: Collecting and Storing Contractor Information](/bookkeeping/guides/w-9-forms-collecting-and-storing-contractor-info)
- [Preparing Form 1099-NEC From Your Books](/bookkeeping/guides/form-1099-nec-preparation-from-your-books)
- [Paying Contractors by Card or App: 1099 Reporting](/bookkeeping/guides/payment-apps-cards-and-1099-reporting-for-contractors)
- [Payroll Basics Before You Hire Your First Employee](/bookkeeping/guides/payroll-basics-before-you-hire-your-first-employee)
- [Common Payroll Mistakes Small Employers Make](/bookkeeping/guides/common-payroll-mistakes-small-employers-make)
- [How to Reconcile Payroll Liability Accounts](/bookkeeping/guides/reconciling-payroll-liability-accounts)
- [Year-End Payroll Checklist for W-2s and Reconciliation](/bookkeeping/guides/year-end-payroll-checklist-w-2-and-reconciliation)
- [Sales Tax Concepts: Nexus, Taxability and Collection](/bookkeeping/guides/sales-tax-concepts-nexus-taxability-and-collection)
- [Sales Tax Exemption Certificates: Collecting and Keeping](/bookkeeping/guides/sales-tax-exemption-certificates-record-keeping)
- [The Sales Tax Payable Account: Keeping It Accurate](/bookkeeping/guides/sales-tax-payable-account-in-your-books)
- [What to Do When a Tax Notice Arrives in the Mail](/bookkeeping/guides/what-to-do-when-you-get-a-tax-notice)
- [Building a Response File From Your Books for a Notice](/bookkeeping/guides/building-a-tax-notice-response-file-from-your-books)
- [Keeping Audit-Ready Business Records Year-Round](/bookkeeping/guides/keeping-audit-ready-business-records)
- [Scanning and Storing Business Records Digitally](/bookkeeping/guides/scanning-and-storing-business-records-digitally)
- [Amended Tax Returns: The Concept and the Books Behind Them](/bookkeeping/guides/amended-tax-returns-concept-and-bookkeeping-role)
- [Correcting Prior-Year Errors in Your Books Safely](/bookkeeping/guides/correcting-prior-year-errors-in-your-books)
- [Year-End Bookkeeping Checklist for Small Business](/bookkeeping/guides/year-end-bookkeeping-checklist-for-small-business)
- [Year-End Inventory Count and Valuation Records](/bookkeeping/guides/year-end-inventory-count-and-valuation-records)
- [Year-End Accounts Receivable Review and Bad Debts](/bookkeeping/guides/year-end-accounts-receivable-review-and-bad-debts)
- [Prepaid Expenses and Accrued Liabilities at Year End](/bookkeeping/guides/prepaid-expenses-and-accrued-liabilities-at-year-end)
- [Startup Costs: Records to Keep Before You Open](/bookkeeping/guides/startup-costs-records-before-your-business-opens)
- [Equipment Purchases: Records for Expense vs Capitalize](/bookkeeping/guides/equipment-purchase-records-expense-or-capitalize)
- [Fixed Asset Register: How to Build and Maintain One](/bookkeeping/guides/fixed-asset-register-how-to-build-and-maintain)
- [Cash Business Records That Satisfy a Tax Preparer](/bookkeeping/guides/cash-business-records-that-satisfy-a-preparer)
- [Daily Sales Log and Cash Reconciliation: A Simple Method](/bookkeeping/guides/daily-sales-log-and-cash-reconciliation-template)
- [Cryptocurrency Records for Business Owners](/bookkeeping/guides/cryptocurrency-records-for-business-owners)
- [Online Marketplace Seller Records: Income and Expenses](/bookkeeping/guides/online-marketplace-seller-income-and-expense-records)
- [Reconciling Form 1099-K to Your Sales Records](/bookkeeping/guides/reconciling-form-1099-k-to-your-sales-records)
- [Grant Funds: Bookkeeping and Documentation Basics](/bookkeeping/guides/grant-funds-bookkeeping-and-documentation)
- [PPP-Style Loans and Forgiveness: Records to Keep](/bookkeeping/guides/ppp-style-loan-and-forgiveness-records-to-keep)
- [Business Loan Records: Interest, Principal and Covenants](/bookkeeping/guides/business-loan-records-interest-principal-and-covenants)
- [Closing a Business: Bookkeeping Steps to the Last Return](/bookkeeping/guides/closing-a-business-bookkeeping-steps)

[Page 1](/bookkeeping/guides) · **Page 2** · [Page 3](/bookkeeping/guides/page/3) · [Page 4](/bookkeeping/guides/page/4) · [Page 5](/bookkeeping/guides/page/5)

## Bookkeeping by type of business

- [Bookkeeping for notaries and loan signing agents](/bookkeeping/for/notaries-and-loan-signing-agents)
- [Get your books ready for a mortgage](/bookkeeping/self-employed-books-for-a-mortgage)
- [Bookkeeping for short-term rental hosts](/bookkeeping/for/short-term-rental-hosts)
- [Bookkeeping for small landlords](/bookkeeping/for/small-landlords)
- [Bookkeeping for online sellers](/bookkeeping/for/online-sellers)
- [Bookkeeping for process servers and field contractors](/bookkeeping/for/process-servers-and-field-contractors)
- [Years behind on your books? Start here](/bookkeeping/help/years-behind-on-books)
- [Books that won't reconcile](/bookkeeping/help/books-that-wont-reconcile)
- [Your bookkeeper left a mess](/bookkeeping/help/previous-bookkeeper-left-a-mess)
- [A tax notice arrived and your records are a mess](/bookkeeping/help/tax-notice-need-records)
- [Payroll records that have gone sideways](/bookkeeping/help/payroll-tax-trouble)
- [Sales tax records that don't add up](/bookkeeping/help/sales-tax-catch-up)
- [Get your books ready for a bank or SBA loan](/bookkeeping/help/books-for-a-bank-or-sba-loan)
- [Books for selling (or buying) a business](/bookkeeping/help/books-for-selling-your-business)
- [Partners disagree about the numbers](/bookkeeping/help/partner-or-owner-dispute)
- [Switching accounting software without losing your history](/bookkeeping/help/switching-accounting-software)
- [Cash flow crisis? Find out where the money goes](/bookkeeping/help/cash-flow-crisis)
- [In-depth bookkeeping for restaurants, contractors and the trades](/bookkeeping/help/restaurants-contractors-and-trades)
- [Bookkeeping for Jersey Shore seasonal businesses](/bookkeeping/for/jersey-shore-seasonal-businesses)
- [Bookkeeping for New Jersey farms and farm stands](/bookkeeping/for/nj-farms-and-farm-stands)
- [Bookkeeping for medical, dental and therapy practices](/bookkeeping/for/medical-dental-and-therapy-practices)
- [Bookkeeping for landscaping and snow removal companies](/bookkeeping/for/landscaping-and-snow-removal-businesses)
- [Bookkeeping for trucking and delivery owner-operators](/bookkeeping/for/trucking-and-delivery-owner-operators)
- [Bookkeeping for salons, barbershops and booth renters](/bookkeeping/for/salons-barbershops-and-booth-renters)
- [Bookkeeping for small nonprofits and community groups](/bookkeeping/for/small-nonprofits-and-community-groups)
- [Bookkeeping for New Jersey consultants with New York clients](/bookkeeping/for/nj-consultants-with-new-york-clients)
- [Bookkeeping for freelancers and solo service providers](/bookkeeping/for/freelancers-and-solo-service-providers)
- [Bookkeeping for contractors and trades](/bookkeeping/for/contractors-and-trades)
- [Bookkeeping for restaurants, caterers and food businesses](/bookkeeping/for/restaurants-and-food-businesses)
- [Bookkeeping for small law firms](/bookkeeping/for/small-law-firms)
- [Bookkeeping for auto repair shops and garages](/bookkeeping/for/auto-repair-shops-and-garages)
- [Bookkeeping for cleaning companies](/bookkeeping/for/cleaning-companies)
- [Bookkeeping for food trucks](/bookkeeping/for/food-trucks)
- [Bookkeeping for child care centers](/bookkeeping/for/child-care-centers)

Unsure of a term? Browse the [bookkeeping glossary](/bookkeeping/glossary). Not sure where your books stand? Take the [free bookkeeping health check](/bookkeeping/health-check). Looking for help with a specific program? See [bookkeeping by software](/bookkeeping/software). Want a monthly view of your numbers, including 1099 contractors? See [bookkeeping dashboards](/bookkeeping/dashboards).

Reach small business owners, freelancers and bookkeepers who read this guide: [advertise here](/advertise#bookkeeping).

Tallyfinch

### Books you keep on your own computer

Tallyfinch does invoices, bills, bank import, reconciliation and the main reports, in a file you own. $99 once, then $5 a month for updates; the app keeps working if you stop the plan. It does not do payroll or sales tax filing. The free download records up to 60 entries.

[See Tallyfinch](/bookkeeping/mcc-books-downloadable-bookkeeping-software) [Download it free](/tools/pro/trial/mccBooks) [Compare the three apps](/software)

## Rather have us keep the books? Ask for a quote.

[Get a Quote](/bookkeeping/#interest)[Call (908) 444-6373](tel:+19084446373)