Bookkeeping Basics

**Judgement:** Strong, practical bookkeeping playbook for solopreneurs and very small businesses. It is well-structured, concrete, and realistic about time and complexity, making it highly useful as a guided workflow skill. **Strengths:** - Clear, ordered steps from software selection through monthly routines and when to hire help. - Very actionable: concrete categories, example reports, and checklists that a non‑accountant can follow. - Repeated, explicit safety boundaries: not professional advice, consult a CPA for complex or higher‑revenue situations. - Emphasizes key risk reducers: separating business/personal finances, regular reconciliation, document retention. **Risks / Limitations:** - U.S.-centric tax guidance (IRS receipt rules, U.S. deduction examples, specific years mentioned); may not apply elsewhere or after tax-law changes. - Not suitable as a sole source of advice for complex entities (inventory, payroll-heavy operations, multi-entity structures, international tax issues). - Some tax guidance (e.g., entertainment deductions, % recommendations) may become outdated; the skill relies on the user or CPA to validate current rules. **Recommended Scenarios:** - New or early-stage solopreneurs/freelancers (<~$100K revenue) needing to set up basic bookkeeping and avoid common mistakes. - Users on Wave/QuickBooks/FreshBooks/Xero wanting a simple, repeatable monthly bookkeeping checklist. - Preparing clean records and basic reports to hand off to a CPA at tax time, rather than doing detailed tax planning inside the skill. **Not Ideal For:** - Medium/large businesses, inventory-heavy operations, or complex multi-entity structures. - Users needing jurisdiction-specific or up-to-the-minute tax optimization advice without a professional accountant.