Financial statements

Discussion in 'Business Operations' started by strawsome, Jan 25, 2007.

  1. strawsome

    strawsome LawnSite Member
    Messages: 1

    I started a small lawn mowing company in the spring of 06 and I have to start doing my financial statements. I know I should have started a long time ago, but I've never had a business, have no idea how to do it, and was jsut overwhelmed every time I thought about trying to start. Does anyone have any suggestions as to how to get started?
  2. bullethead

    bullethead LawnSite Senior Member
    from Texas
    Messages: 273

    Either buy a simple accounting software package like Quickbooks and start inputting the data from last year yourself, or hire an accountant to set it up for you and get your first yr done - then you can keep up with it from there. Quickbooks is nice for people that don't understand debits and credits (and even for those that do).

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