Category Archives: Bookkeeping

What is the General Ledger?

what is the general ledger

The general ledger tells the story of your business. It’s a collection of all your accounting transactions that can then be used to create reports, answer questions, and make key decisions.  And it’s one of our favorite things here at Beyond. But it’s possible you’re thinking, “what is the general ledger and why should I […]

Do I really need bank feeds in QuickBooks Online?

bank feeds in quickbooks online

We’ve talked before about the differences between QuickBooks Desktop and QuickBooks Online (QBO). One of the biggest differences between the two systems is related to bank feeds in Quickbooks Online. Bank feeds automatically download activity in QBO and they can even categorize transactions from connected accounts. This means you no longer have to manually enter […]

Is Ongoing Bookkeeping Worth the Price?

ongoing bookkeeping

You had a nagging suspicion for a while that something was wrong with your books. You were losing sleep and wasting hours trying to fix a problem that you didn’t even understand. Finally, you turned to a bookkeeper for help. They identified where you had gone wrong, cleaned up the mess, and presented you with […]

I own multiple companies – what should I know?

waterfalls multiple companies

If you own more than one company, you want to keep your accounting records clean. You likely have transactions that affect two or more companies, but you are unsure of how to enter them correctly. Many of our clients run two or more companies. If you are in this situation, what should you know about handling […]

When is a purchase a fixed asset or an expense?

door fixed asset or an expense

You are thinking about making a major purchase for your business. You do not know if your purchase should be recorded as a fixed asset or an expense. And you are uncertain how to enter the purchase in your books.  Your understanding of the criteria to look at and the potential tax implications will help […]

What does working with Beyond look like?

Sunset path working with beyond

You have determined that you need a bookkeeper. And you are seriously considering working with us. However, you may have some concerns. What should you expect after you complete the Get Started form?   We want to make sure that we are a good fit for each other. That’s why we virtually meet with you prior […]

Am I ready to hire a bookkeeper?

Steps Am I ready to hire a bookkeeper?

You want to run a successful business but doing your bookkeeping is using up a lot of your valuable time and energy. You have thought about hiring a bookkeeper in the past, but something holds you back. Are you ready to hire a bookkeeper? Is hiring a bookkeeper more effective than doing the books yourself? […]

How do I know if my bookkeeping is right?

You started a business. Things are going well and you are actually making some money. You have been doing all of the bookkeeping yourself but you really do not know if things have been done properly. How do you know if your bookkeeping is right? What can you look at to see if your books are done correctly? […]

In-House Bookkeeper or Bookkeeping Service – Which Should I Hire?

Since we are in the business of providing bookkeeping services, a common question we receive is “Should I hire an in-house bookkeeper or outsource to a bookkeeping service?”  There is no one-size-fits-all answer to this question because there are many variables. We have put together some areas to consider when you need to make this […]

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 […]