If you are like most small business owners, you barely glance at the Balance Sheet and go straight to the Profit & Loss Statement (also known as the Income Statement). But there is a lot of value in reviewing this report. In this article, we discuss the main components of the Balance Sheet. We also […]
Author Archives: Cindy Hovig
You have been hearing about it, you may even be curious about it, but the real question is – are you ready for a online accounting? Online accounting provides so many benefits, including – anytime anywhere access, the ability to collaborate, and security of your precious data. Anytime Anywhere Access Do you ever feel chained […]
09
Jul
Jul
Xero came out with Files back in 2013. Have you had a chance to use Files yet? It’s surprising, but many Xero users that come to us are unaware of this feature. Files allows you to store documents securely within your Xero account. Today we are sharing one example of how we have been using […]
One of the side effects of our last economic slowdown was in state government budgets; states searched hard for new income, and many of them found a great source by cracking down on sales tax collections. We have seen a lot of this in California. A new hot buzzword regarding this is – nexus. Nexus […]
Learn how you can get paid faster with online invoicing using Xero accounting software. https://www.xero.com/us/tv/video/?id=5602-setting-up-bank-feeds
How much time do you spend each day looking for information about orders, customers, vendors, or employees? If it’s a lot, a little spring (or summer) cleaning might pay off. Here are five quick tips to assess and improve your information access. Your Librarian Large companies often have a librarian on staff that is in […]
04
Jun
Jun
Bank reconciliations. You know you should do them, but why? What is a bank reconciliation? What should you look at after you have performed a bank reconciliation? How often should reconciliations be done? What is a Bank Reconciliation? A bank reconciliation is a comparison of what the bank says your balance is to what your […]
Canton, Georgia – May 28, 2014 Today, Cindy Hovig of Morgan Hill, California was announced as one of the Top 100 ProAdvisors by Intuitive Accountants. This list recognizes the leading consultants in the United States who have embraced the ProAdvisor program and have leveraged it in order to serve their clients and grow their own […]
Many small business owners focus on generating more revenue every year, and that’s a great objective. But not all revenue is created equally. If you sell more than one product or service in your business, then you can benefit from looking at your revenue mix. Although it’s fun to watch our revenues grow, it’s the […]
Now is a perfect time to get your financial records in order. Tax moves you make now can mean saving you money. Here are five quick tips for you to feel more prepared about your financial status as you go into year-end. Avoid Penalties This time of year is ideal to double-check your tax payments […]