This is a new experience for many homes and small businesses today as we continue to try and navigate the growing concerns of budgets, taxes and the coronavirus. But, we’ve been here before. We may not have had to deal with coronavirus before, but we have seen economic scares in the face of disease and disaster […]
#Bookkeeping
Beware the Add-On Services of a 3rd Party Financial Partner
When hiring an outsource service please know and understand what they are doing “on your behalf” and the rules and laws of what should be done for YOUR business. I’m getting on my soapbox for a little bit, but I think it’s important to share! I don’t usually like to point fingers or say not […]
Exploring the Technical Terms of Accounting – Accounts Payable
Last month we explored Accounts Receivables and highlighting incoming billable funds from clients. This month we’re looking at Accounts Payable. SO! What does Accounts Payable Mean and How Does it Help Me? In short, accounts payable is the account that tells you who and how much YOU owe to your vendors. In a service-based business, […]
The Technical Terms of Accounting – 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 […]
Starting Your Business Off Right
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 […]
