A DBA can be highly beneficial for business marketing, but setting up bank accounts in the name of a DBA rather than in the legal name of the individual or entity that owns the business can be complex and require documentation proving that you have a right to use the business name.
Most businesses use double entry accounting, a system in which every financial event causes two transactions, a debit in one account and an equal offsetting credit in another account. When a company establishes an accounting system, it must choose to use either a single entry system or a double entry system.
Cash is a powerful, easy-to-use double-entry accounting app that tracks the money incomes and expenses. Cash gives a good finance overview, and in the end saves the money. Use a simplified professional accounting principles (similar to GnuCash, Microsoft Money, Quicken). Features: - Double-Entry Accounting (transaction system)