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? […]
Category Archives: Bookkeeping
18
May
May
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? […]
Bookkeeper, Bookkeeping, Outsourcing
In-House Bookkeeper or Bookkeeping Service – Which Should I Hire?
21
Jan
Jan
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 […]
19
Nov
Nov
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 […]
15
Oct
Oct
You have done it! You started a business and now you are considering hiring a bookkeeper. You might be asking: What benefits are there if I hire a bookkeeper? Would you like to have more time? Would you like your records to always be current? Would you like your records to be accurate? And is […]
01
Oct
Oct
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 […]
17
Sep
Sep
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 […]
Bookkeeping, Cloud Accounting, General Business
What is the Difference Between Accrual and Cash Basis Reports?
03
Sep
Sep
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 […]
13
Jun
Jun
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, […]
05
Jun
Jun
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 […]