Category Archives: Bookkeeping

Which Reports Should I Look at?

Reviewing four reports on a regular basis

Without a doubt, knowing what is going on in your business is of utmost importance to you. Which reports should you look at to find this information? To get a comprehensive idea of how your business is performing, we recommend reviewing four reports on a regular basis – the Balance Sheet, the Income Statement, the […]

What is the Difference Between Accrual and Cash Basis Reports?

When you receive reports from your bookkeeper, you may have noticed that they usually include the words “Accrual Basis” or “Cash Basis” somewhere below the title of the report. What do these mysterious words mean?  What is Accrual Basis? Reports in accrual basis are pulling information from your accounting system based on when income or […]

Meals, Travel and Entertainment Expenses, Oh My!

One of the most misunderstood business expenses are those related to travel, meals, and entertainment. It can be hard to know how to classify these types of expenses because often the line can be a little blurry on what type of expense it actually is. Understanding these types of expenses is even more important now, […]

Bookkeeping is like Storytelling

Imagine that the story of your life is being written right now. What you do every day and how it affects other aspects of your life is being chronicled at this very moment. Your history is being recorded for the benefit of future generations. The only problem is it’s being written in a language that […]

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

In early May the Beyond Team had our second annual team 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 […]

Go Paperless to Spark Joy

Most people are aware of Marie Kondo, the Japanese organizing consultant who has set off a decluttering craze across the globe. Marie Kondo is all about cleaning up your life and having less clutter. Described as a state of mind and a way of life, the KonMari Method™  emphasizes you to treasure items that “spark […]

App Spotlight: Bill.com

logo add-on bill.com

We enjoy talking about the add-ons that we love and that we use regularly. Today we are featuring the payment app Bill.com. Read along and find out why we love Bill.com 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 […]

1099-MISC: Frequently Asked Questions

forms frequently asked questions 1099

It’s that time of year again! We’re watching 2018 come to a close and at Beyond 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 frequently asked questions that we’ve received in the past […]

Four Signs That You Need to Hire a Bookkeeper

help signs to hire a bookkeeper

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 […]

Eliminate Paper with Google Drive

paper airplane 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 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 […]