Set up and maintain basic bookkeeping for a solopreneur business. Use when tracking income and expenses, preparing for taxes, managing invoices and receipts, understanding cash flow, or generating financial reports. Covers accounting software selection, chart of accounts, expense categorization, reconciliation, and financial statements. Not professional accounting advice — consult a CPA for complex situations. Trigger on "bookkeeping", "accounting", "track expenses", "financial records", "QuickBooks", "invoicing", "receipts", "profit and loss".
Initial release: bookkeeping setup and management guide for solopreneurs. - Step-by-step instructions for choosing accounting software and setting up a chart of accounts. - Clear guidance on tracking income, expenses, and receipts, including IRS documentation rules. - Emphasizes separating business and personal finances. - Summarizes key financial statements: P&L, balance sheet, and cash flow. - Includes a tax preparation checklist and common deductible expense examples. - Plain-language framework with software recommendations; not professional accounting advice.