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Scared of numbers? With these accounting tips, you won't be.

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This story appears in the April 2005 issue of Entrepreneur. Subscribe »

If you hated math in school and the idea of small-business accounting makes you want to hide, don't despair. A few quick tips can help you get a handle on accounting basics so you can achieve your financial goals.

First, keep track of what you spend and earn, says Deidre E. Newton, small-business growth strategist and president of Community Real Estate Services in West Palm Beach, Florida. Investing in an easy-to-use accounting software program can help. Newton suggests Peachtree Accounting for Windows, QuickBooks for Windows or Quicken Basic as good ones to try.

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