Author Archives: Cindy Hovig

Xero in on Xero: Using GoCardless with Xero

Our founder, Cindy Hovig, recently contributed to Insightful Accountant’s Xero in on Xero Series. The latest article written by Cindy discusses using the payment service GoCardless with Xero. We are big fans of using payment services like GoCardless with Xero to get paid faster. A sample portion of the article can be found below: “Not […]

Tools of the Trade

Most professions have “tools of the trade” that they use, and bookkeeping is no exception.  I was recently reminded of how I love talking about and using such tools while attending the QuickBooks Connect accounting technology conference in San Jose in November.   One of my favorite things to do at such conferences is to find […]

Why Hire a Bookkeeper?

You have done it!  You started a business and now you are considering hiring a bookkeeper. You might be asking:  What benefits are there if I hire a bookkeeper? Would you like to have more time? Would you like your records to always be current?  Would you like your records to be accurate? And is […]

Which Reports Should I Look at?

Reviewing four reports on a regular basis

Without a doubt, knowing what is going on in your business is of utmost importance to you. Which reports should you look at to find this information? To get a comprehensive idea of how your business is performing, we recommend reviewing four reports on a regular basis – the Balance Sheet, the Income Statement, the […]

What is the Difference Between Accrual and Cash Basis Reports?

When you receive reports from your bookkeeper, you may have noticed that they usually include the words “Accrual Basis” or “Cash Basis” somewhere below the title of the report. What do these mysterious words mean?  What is Accrual Basis? Reports in accrual basis are pulling information from your accounting system based on when income or […]

Meals, Travel and Entertainment Expenses, Oh My!

One of the most misunderstood business expenses are those related to travel, meals, and entertainment. It can be hard to know how to classify these types of expenses because often the line can be a little blurry on what type of expense it actually is. Understanding these types of expenses is even more important now, […]

Words of Wisdom from the BBB Team- A Team Retreat Activity

In early May the Beyond Team had our second annual team retreat!  Since we all work remotely, it is nice to be able to get together.  For the retreat, everyone had a topic assigned to present to the rest of the team.  Our topics ranged from marketing, workflow, working with apps and even a team […]