What To Expect From A Bookkeeper

When owning a business the financial aspect of it can be overwhelming. So it’s not surprising that many owners decide to hire a bookkeeper to handle the finances.   Yet, even though they decide to let someone else handle their money, they might not have any...

Bad Bookkeeping – it will cost you

If this is your first time visiting the Park City Bookkeepers blog, or if you’re a regular, PLEASE  let me impart one piece of advice…   Hiring a bad bookkeeper can be very expensive.   Most of my clients call me after one of two scenarios....

Balance sheet basics for the small biz owner

As a small business owner, you must be aware of all aspects of your company.  When you look at the list of “need to know” items, it can quickly feel overwhelming.  This is when customers of Park City Bookkeepers usually reach out to us for help.   No...

Income and Profit: What’s the Difference?

Some people, including accountants and bookkeepers, tend to use these two words interchangeably, for example, the Profit and Loss Report is also called the Income Statement.  Confusing, right?!  Then others throw in the word “Net” to further clarify profit.  Let’s get...