Politics and Business

 A small business near our house has a prominently displayed digital sign.

Some of the information is about services and prices...... but

Much of the information is very bitter, nasty, bigoted, sometimes outright false political commentary.

Good or bad for business?

We do not know, but we would not patronize this business.

So is mixing politics and business a good idea?

In our opinion, usually, no.

But the owner's choice.

Bookkeeping Part V - Expense Clasiffication

 Accurate expense classification are critical for 1) accurate financial statements, 2) accurate tax returns and 3) accurate analytics.

This starts with a chart of account that is well constructed and has enough account classifications (but not too many).

Beyond that, the day-to-day coding and classification of payables and disbursements is critical to accuracy.

Design and operational accuracy are both critical.