QuickBooks is almost always a better option than Quicken for tracking your business’ income and expenses. Not only is QuickBooks Online a double-entry bookkeeping system, but we also rated it our best overall small business accounting software. This enhances the reliability of income and expenses by ensuring that all changes in assets and liabilities are reflected in net income. Definition: A double-entry bookkeeping system tracks assets and liabilities as well as income and expenses.
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