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Do small businesses really need to do all this work to keep track of their income? Cant they just add and subtract from their bank

Do small businesses really need to do all this work to keep track of their income? Cant they just add and subtract from their bank account? why or why not?

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While it might seem convenient for small businesses to solely rely on their bank account for tracking income this approach is not advisable for severa... blur-text-image

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