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Carefree Bookkeeping Service LLC

Caring for your money.

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Susie Jose

December 10, 2018 By Susie Jose 1 Comment

The Technical Terms of Accounting: Cost of Goods or COGS

Carefree Bookkeeping - Understanding COGS

Ever find yourself trying to quantify your goods and services? What does it take to put together that finished product? If you can’t break down the journey, you’ll have a hard time justifying the means. Enter… COGS or Cost of Goods. So! What exactly does the term Cost of Goods (COGS) and Gross Profit mean? […]

Filed Under: Blog News Tagged With: accounting terms, Carefree Bookkeeping, COGS, Cost of Goods

October 28, 2018 By Susie Jose Leave a Comment

The Technical Terms of Accounting – Sales & Invoicing

Carefree Bookkeeping - Sales & Invoicing

What does Sales & Invoicing Mean and How Does it Help Me? You’re not a business unless you have sales income.  Generating sales and an income is one of the primary reasons WHY you’re in business. Sales & Invoicing is my favorite account on any profit & loss reporting.  This line of your report is […]

Filed Under: Blog News Tagged With: #Bookkeeping, billing, Carefree Bookkeeping, invoicing, profit & loss statement, Sales

October 4, 2018 By Susie Jose Leave a Comment

The Technical Terms of Accounting – Tackling Accounts Receivable

Carefree Bookkeeping - Accounts Receivable

What does Accounts Receivable Mean and How Does it Help Me? Accounts Receivable (AR) is one of my favorite accounts because it highlights income for your business expected to be retrieved from current clients. AR is, in its simplest form, a list of who owes you money and how much they owe you, and this […]

Filed Under: Financial Tips Tagged With: accounting terms, accounting tips, Accounts Receivable, AR

April 9, 2018 By Susie Jose Leave a Comment

Starting Your Business Off Right

Setting Up For Success with Carefree Bookkeeping

Starting a new business is exciting, but it also be daunting to most of us. What do you need to know to ensure you’re starting your business off right? If you are thinking about starting a business or have one up and going here are a couple of things to do to make sure you’re […]

Filed Under: Blog News Tagged With: #Bookkeeping, bookkeeper, business attorney, business checking, business registry, Carefree Bookkeeping, checking accounts, cpa, separating finances

March 10, 2018 By Susie Jose Leave a Comment

Keep It Separate

Carefree Bookkeeping - Keep it Separate

When it comes to in-home businesses and startups, many have co-mingled monies at the start. This article is going to explore why it’s important to keep it separate! Let me introduce you to Kathy. When I met Kathy, she was just starting her cleaning company. She asked me to sit down with her and review […]

Filed Under: Blog News Tagged With: business checking, Carefree Bookkeeping, Co-Mingling, Corporate Veil, Limited Liability Corporation, LLC

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