If we're honest with ourselves as small business owners, yes even bookkeepers, we all have something that we could improve upon in getting organized, staying organized and implementing systems that work for us verse us reinventing the wheel over and over as we go. Read More...
Do you have a business idea or growing small business and you're now in the thick of how should I be recording my business transactions? Let's break down the difference in cash verse accrual accounting and help you find the solution that's the best fit for your business. Read More...
You are on top of your numbers, your records are up to date and now you're trying to understand the health of your business, the story your numbers are telling. This is where your financial statements come into play and can help you understand and make informed decisions regarding your business. Read More...
Has your business grown past the point of you being the sole employee? Are you overwhelmed by the choices of payroll software available to you? Maybe you're wondering why you might need a payroll solution or when?
Payroll software is an application, usually cloud-based, that is used to manage, organize and automate employee payments. Read More...
At some point every small business will reach a point where the handling of accounting and the tax implications of the business begin to be too much for you as the business owner to juggle single handedly. When you've hit this state, we recommend the day to day bookkeeping as well as in depth accounting and tax filings be hired out to a bookkeeper AND a separate CPA. Getting you back to what you do best, growing your business!
Single-entry and double entry accounting (or single-entry and double-entry bookkeeping) are both methods of record keeping for a companies financial transaction data or books. Let's walk through the key differences between the two types and benefits and downsides to both.