If you are a construction business owner, you have probably heard the term Work in Progress (WIP) thrown around. What exactly is WIP, and why do you need to understand it? WIP is more than just another accounting term; it’s a resource that helps you track your projects, manage cash flow, and stay profitable. Let’s […]
Category Archives: Bookkeeping
21
Jan
Jan
If you own a business, you’ve likely heard the term “corporate veil.” It’s an important concept for business owners, especially those operating as a corporation or LLC. This article explains what the corporate veil is, why it matters, how it can be pierced, and how to protect yourself and your business. What is it? The […]
07
Jan
Jan
The start of a new year is the perfect time to reassess your strategies, set clear goals, and lay the groundwork for growth. Here are six practical goals to help your business thrive this year. 1. Define Your Ideal Client Not every client is a good fit for your business, and that’s okay! When you […]
24
Sep
Sep
One of our favorite accounting apps is Dext Prepare. We love the ability it gives our clients to upload receipts and manage expenses in their accounting software. Dext Prepare continues to innovate and provide tools that streamline your bookkeeping and accounting processes. Let’s dive into some of the newest features they have released. The Supplier […]
30
Jul
Jul
Managing retirement benefits for your employees is a big responsibility. Still, it can also be a great way to attract and keep top talent, and it helps your team build a secure financial future. Here are some straightforward tips to help you manage your retirement solutions effectively and make it a win-win for everyone. Know […]
09
Jul
Jul
Besides having proof in the event of an audit, how does tracking expense receipts benefit you? At Beyond, our Expense Management Services not only simplify how you save your receipts but also help you use that information to make smarter business decisions. Let’s discuss how this service can enhance your company’s business strategy. Upload The […]
25
Jun
Jun
At Beyond, we support not just business owners but also their teams. For many small business owners, their employees are like their family. They want to care for them the best way possible, and so do we. One way we aim to help you care for your team is through our Payroll Management Services. In […]
11
Jun
Jun
All small businesses have bills. Many small businesses feel that they don’t want the extra work of entering bills into their accounting system if they are just going to pay them immediately How does entering bills into your accounting system benefit you? Entering bills into your books offers several benefits that can streamline your financial […]
12
Mar
Mar
You have been doing the reconciliations in your accounting software but do not know if they are accurate. You do them because you have always heard that doing the bank reconciliations for your business accounts is important. What is the purpose of reconciling your accounts? What should you look at when you are reconciling? How […]
07
Jun
Jun
Have you ever noticed that some transactions in your books are being categorized to a suspense account? Suspense accounts can be confusing. You may have questions such as: What is the purpose of this account? When do you use it? Why does it have a balance? We will discuss each of these questions one at […]