The article explores how small businesses in Ukraine organize their accounting. The researchers used legal and scientific methods to study this topic, focusing on laws like the Tax Code and the Law of Ukraine “On Accounting and Financial Reporting.” They found that choosing the right form of accounting is crucial for small businesses, affecting control, timeliness, and accuracy of financial records. Key aspects of small business accounting include selecting a taxation system, documenting transactions, maintaining specific registers, and preparing financial statements. The study also highlighted the importance of taxation systems in shaping accounting practices for small enterprises. The findings provide insights for improving accounting practices in small businesses and offer practical recommendations for future research.