Hello everyone,

I am looking for some professional accounting advice. I have just started a freelance internet marketing business and would like to understand how to account for its finances. Here is a quick list of the majority of transactions I would run into:

1) Setup Fee (fee charged for setting up a client's account or campaign)
2) Monthly Fees (re-occurring charges for most clients)
3) Finders Fee (commission paid to client's referrer)
4) Outsourced Contract Work (payment to 3rd party contract work)
5) Refunds (in case a customer needs one)
6) Credits (in case a customer pays in advance)
7) Business Software (software purchased to handle the clients' accounts or jobs - licensed to my company)
8) One time Software (software purchased and licensed to a specific client)
9) Paying Quarterly Sales Tax
10) Paying Quarterly Federal Income Tax
11) Paying Year-End Federal Income Tax
12) Receiving Year-End Federal Income Tax Refund
13) $25 deposit to a new business checking account to open it (from my personal account)

So my questions is how would I account for the above transactions concerning debits and credits? And what accounts (liabilities, expenses, income, etc.) would be debited or credited?

Any help will be greatly appreciated.

Thanks