BizBooks Pro Blog

Accounting tips, software comparisons, and insights to help your small business thrive.

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Bookkeeping Workflows

How to Reconcile a Bank Statement in 6 Steps (Small Business Guide)

Your books say $18,400; the bank says $17,910 โ€” which is right? A step-by-step bank reconciliation walkthrough: match every line, record what the bank caught, list the timing differences, and track down a stubborn discrepancy without a "close enough" fudge entry.

July 3, 2026 โ€ข 9 min read
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Accounting Basics

How to Read a Profit and Loss Statement: A Small Business Guide

The bottom line is the least interesting number on the page. Learn to read your P&L as a staircase โ€” revenue, COGS, gross profit, operating expenses, net income โ€” with a worked example and the three profit margins that reveal how your business is really doing.

July 1, 2026 โ€ข 9 min read
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Accounting Basics

How to Set Up a Chart of Accounts for Small Business

The master list behind every clean set of books. Learn the five account types, a simple numbering system, a sample chart you can copy, and the mistakes that turn your reports into noise โ€” plus how to keep it from sprawling to 200 lines.

June 29, 2026 โ€ข 9 min read
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Accounting Basics

What Is Double-Entry Bookkeeping? A Plain-English Guide

Why accountants say "debits and credits" instead of "money in and money out." Learn the 500-year-old system that keeps every serious business's books balanced โ€” debits and credits demystified, the two rules behind it, and a worked example you can follow line by line.

June 26, 2026 โ€ข 9 min read
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Switching from QuickBooks

QuickBooks Desktop Forcing You to QuickBooks Online? Here's the Way Out

Decades of data across multiple company files, and Intuit wants you on QuickBooks Online. You're not trapped: move your full history (exported in chunks, streamed back together), keep unlimited company files, and stay on the desktop.

June 24, 2026 โ€ข 9 min read
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Accounting Basics

How to Read a Balance Sheet: A Small Business Owner's Guide

The most powerful financial statement most owners never read. Learn assets, liabilities, and equity, why it always balances, and the four quick ratios that reveal whether your business is actually healthy โ€” with a worked example.

June 24, 2026 โ€ข 10 min read
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Bookkeeping Workflows

The Month-End Close Checklist for Small Business (8 Steps, In Order)

Turn bookkeeping from a quarterly panic into a quiet hour of confidence. The 8 steps to close your books each month โ€” reconcile, accrue, review, and lock the period โ€” explained in the order an accountant would do them.

June 19, 2026 โ€ข 10 min read
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Product Story

Building Real 501(c)(3) Accounting Software at $599/Year

QuickBooks Nonprofit doesn't actually track donor restrictions. Sage Intacct costs $5,000+/year. The middle of the nonprofit accounting market has been underserved for years โ€” here's how we built BizBooks Pro 2.0 Nonprofit Edition to fill that gap.

June 8, 2026 โ€ข 8 min read