Someone left an anonymous request on my "Ask the Expert" page:
I do not know how to handle books for my Vehicle lease business.
My answer would be this:
I'm going to suggest you start keeping books by using a Cash Receipts Journal to record all incoming cash - as in lease payments made to you - and use a Cash Disbursements Journal to record all outgoing Cash - as in building rent, utilities, supplies, etc.
This is a good manual accounting system for many small business owners who don't have a real need for a computerized accounting system. If you grow and have more transactions, then you can upgrade to something like QuickBooks.
For now, I'd suggest starting out using a simple, manual system.
Check out these pages on my site:
I also have an ebook available to help you thru the process of setting these journals up, using them, and preparing a Profit & Loss Statement from them. You can access that information here:
Hope that helps!