Most business owners do not like reading financial reports. That is why they hire us! You know your financial statements will help you make better decisions, but they are so difficult to understand. Is there a way to see the parts of the business that matter the most to you? One way to solve this […]
Author Archives: Jessica Berkley
16
Aug
Aug
When you work as an employee, things are simple; receive a paycheck and file your taxes at the end of the year. When you own a business, compensation becomes more complicated. How should you pay yourself as an owner? Let’s discuss four important questions to help you decide. What is your business type? Depending on […]
19
Jul
Jul
Your team can be spread out over multiple job sites when working in construction and trades. It’s common practice to give employees access to business credit cards for purchasing materials or paying one-off expenses. It may seem convenient – until it’s time to process those expenses in your accounting. Capturing receipts and managing multiple cardholders […]
05
Jul
Jul
You make dozens of purchases from Amazon for your business. But tracking and organizing those purchases is often a challenge. After all, you can purchase almost anything from Amazon! You know there must be a better way to manage your Amazon purchases. Amazon offers a Business Edition. What is Amazon Business? Is it a better […]
21
Jun
Jun
You are running multiple jobs simultaneously in your construction business. You want to: Organize and track costs by project Bill reimbursements to your customers with ease Ensure you are charging enough for your services But project management software seems complicated to learn and expensive to purchase. Did you know that you can track projects in […]
24
May
May
You may be new to using automatic bank feeds in QuickBooks Online (QBO). Is accepting transactions in QBO any better than how you manage your books now? Absolutely! In this article, we discuss how to navigate bank feeds through the Banking dashboard and how to accept transactions into your books. We will also share why […]
10
May
May
Understanding journal entries can be confusing. Your accountant or bookkeeper has probably let you know that these are essential for your accounting. Why do you need journal entries? What are the components of a journal entry? When would you use a journal entry? We will discuss these questions and provide examples of when journal entries […]
26
Apr
Apr
Do you ever feel like your bookkeeper is speaking another language? Or maybe it feels like they have an endless amount of questions. What do they even do while working on your books? If this situation sounds familiar, this article will assist you to find better ways to communicate with your bookkeeper and understand just […]
29
Mar
Mar
If you own a business, understanding accounting terms is not likely at the top of your list. It’s understandable; you may be juggling several responsibilities at once or simply do not have the time. Besides, if you pay an accountant or bookkeeper to manage your books, why do you need to know this stuff? A […]
30
Nov
Nov
You know that tracking your business vehicle expenses is important. But you have questions. Can I use my personal vehicle for business? What types of vehicle expenses should I track? Should I track mileage or actual expenses? We hear these types of questions often. In this article, we provide some answers and discuss some tips […]