I recommend you to read this article: http://blog.asmartbear.com/consulting-company-accounting.html http://blog.asmartbear.com/consulting-company-accounting.htm

I recommend you to read this article: http://blog.asmartbear.com/consulting-company-accounting.html http://blog.asmartbear.com/consulting-company-accounting.htm... While I don't agree with everything he says, there's a large amount of truth in that post.