Category Archives: Bookkeeping

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

In early May the BBB Team had our second annual 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 workshop […]

Add-on Spotlight:

We enjoy talking about the add-ons that we love and that we use regularly. Today we are featuring Read along and find out why we love and why we recommend it to our clients.  The challenge that many business owners face is that bill paying can be painful! Writing checks or paying bills by […]

How to Stop Being a Procrastinator

It seems like there are three types of people out there when it comes to year-end and procrastinating. Which one would you classify yourself as? The uber prepared – You have been preparing for year-end all year long! You have a checklist of what you need to do and everything is tidy and organized, just […]

Prepare For Year End – Talk to Your CPA or Tax Professional

We are reaching the home stretch – only a few more weeks left in the year! Even though the end of the year is close, it’s not too late to schedule a meeting with your CPA or tax professional about taxes. “But taxes don’t have to be paid until the Spring.”, you might protest. Even […]

1099-MISC: Frequently Asked Questions

It’s that time of year again! We’re watching 2018 come to a close and at BBB we are reminded of the many necessary tasks that accompany the end of the year. One of these is the filing of 1099-MISC and other information returns. Below are some questions that we’ve been asked in the past and […]

Four Signs That You Need to Hire a Bookkeeper

In a survey of over 300 small business owners from Clutch, a leading BRB research, ratings and reviews 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 […]

Eliminate Paper with Google Drive

Before becoming a virtual accountant, I worked in an accounting department for a development firm. One of the larger divisions of this firm was custom construction of single-family homes. The craftsmanship of the final project was spectacular; it was always amazing to see so many skilled hands came together to build these elegant houses. Processing […]

BBB Back To Basics – What is an Income Statement?

An income statement is one of the most common reports in accounting.  As a business owner, you have no doubt looked at your income statement.  But we like to get back to basics here at BBB, so we are discussing:  What is an income statement?  What should you look at when reviewing your income statement?  And how can […]

The Modern Contractor’s Toolbox

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 […]