Understanding your balance sheet is crucial for the success of your business. In this guide, we’ll break down the balance sheet into simple, manageable parts. Using a relatable example from an Airbnb business, we’ll show you how to read and interpret this important financial document.

Your Chart of Accounts (COA) is like a personalized map for your business finances. While standard options in accounting software are a good start, customizing your COA is like tailoring a suit—it fits your business perfectly. Whether you’re running a restaurant, landscaping company, or art gallery, a well-crafted COA helps you track exactly what matters most to your business’s financial health. It’s your story told through numbers.