As a person who enjoys crafts, there is a particular pleasure in being able to make something yourself. If you are a small business owner, your business is like a craft project: an idea that was brought to life through hard work and creativity. So it’s common that when business owners contact us, they have […]
Author Archives: Jessica Berkley
For the third part of our Challenge Accepted series, we are going to shift our focus to compliance. (If you haven’t read Part One and Part Two of this series, definitely check those out!) Exactly what do we mean by compliance when it comes to your small business? What is compliance? According to Merriam-Webster Dictionary, one definition of […]
In a survey of over 300 small business owners from Clutch, a leading BRB research company, nearly 95% of owners said they were confident in the accuracy of their financial records. While a business owner may think their records are fine, they usually are not aware of a problem until their accountant questions their records […]
Before becoming a virtual accountant, I worked in an accounting department for a development firm. One of the larger divisions of this firm was the custom construction of single-family homes. The craftsmanship of the final project was spectacular. Processing and filing the build paperwork? Not so much. One custom home could have several boxes of […]
Every skilled craftsman carries a toolbox. Big or small, a toolbox stores all the tools you need for the project at hand. It protects your tools from damage and keeps them organized, which can save you valuable time. Technology has brought many changes to trade businesses. As a result, the traditional toolbox for contractors has […]
One of the core features of Xero is the ability to upload bank feeds into your accounting system automatically. In recent years, Xero has been working to improve this aspect of their platform by providing direct feeds. Direct feeds are pretty self-explanatory: It is a direct connection between Xero and a financial institution for the […]
I stumbled upon a website called “Will Robots Take My Job?” The website sources its data from a 2013 report about the future of employment. Using the website is pretty simple; you enter your job or industry, and you receive an “automation risk level” for how likely your job could be replaced by a robot. […]
Much of my accounting background has been very “old-school”. I always worked in an office, in a traditional accounting framework. Everyone worked in a single desktop software system, and you worked in the same office.I figured that doing accounting remotely wasn’t in my future. I was happily mistaken. This month officially marks my first year […]
Hiring your first employee is a major milestone in your business. Most business owners enjoy working with their team, but they don’t enjoy paying their employees. Why? Because payroll is complicated. With Gusto, it doesn’t have to be. Gusto understands the common pain points of paying your employees and subcontractors. They remove those frustrations with a […]
We all know that Xero creates a user-friendly method to receive money from customers and spend money on the goods and services that your company needs. However, what if you receive a credit from a supplier and want to apply it to future bills? Xero manages Credit Notes quite expertly. In Part I of this […]