When you think of an accountant’s duties, you might think about traditional tasks, such as tax preparation, bookkeeping, and financial statement preparation. Here are five additional tasks that accountants can help with that you might not think of. 1. Evaluating Current Accounting Employees How can you know if your accounting employee is a star that […]
Category Archives: Bookkeeping
In a small business, the owner ends up wearing many hats to get the product or service delivered, the customers served, and the accounts settled. Within each functional area of a small business, there are even more hats. Although the accounting function might be considered one big hat, there are actually a number of skills […]
If your business runs on a calendar year, your fiscal year ended this week. Here are some common year-end adjustments that may need to be made to your books. Retirement Plan Contributions If cash is available at year-end, it’s a great idea to maximize the allowable deductions for the retirement plan you qualify for. One […]