How can I manage my business expenses effectively on a tight budget?
I recently started my own small business and I'm struggling to keep track of my expenses. I've been using a spreadsheet to log everything, but it's getting overwhelming and I'm worried I'm missing out on deductions or overspending in certain areas. I've heard of accounting software, but I'm not sure which one would be best for my business or if it's worth the cost.
I've tried to categorize my expenses into different areas, such as supplies, rent, and marketing, but I'm not sure if I'm doing it correctly. I've also been using my personal credit card for some business expenses, which is getting confusing. I'd love to get some advice from others who have been in my shoes.
Can anyone recommend a good accounting software for small businesses on a tight budget? Are there any specific expense categories that I should be using, and how can I keep my personal and business expenses separate?
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