Dec 29, 2017 | Bookkeeping
To maintain records regularly and efficiently, every business needs to have a proper accounting system in place. However, most business owners are typically not trained in accounting, and small businesses do not generally keep dedicated full-time bookkeepers. As a...
Dec 22, 2017 | Bookkeeping
Bookkeeping is one of the most critical functions within a business, and it is essential that every business keep accurate, properly classified records. While it is entirely possible to manage your own books, it is also very easy to make some common bookkeeping...
Dec 15, 2017 | Bookkeeping
Doing your own payroll can be time-consuming, and hiring professionals can be expensive, particularly for businesses which do not have a large enough to justify dedicated HR personnel. From tracking time and attendance to handling payroll taxes, a lot needs to be...
Dec 8, 2017 | Bookkeeping
Financial statements are an essential tool that helps businesses determine the true state of their finances and make informed decisions. Financial statement analysis literally involves an examination of a business’ financial statements, and will typically cover the...
Nov 27, 2017 | Bookkeeping
One area where business owners may struggle is tax preparation. Calculating taxes accurately and paying them on time will help your business avoid tax penalties and issues with IRS audits. In this article, we will provide some simple but useful bookkeeping tax...
Nov 22, 2017 | Bookkeeping
Both bookkeeping and accounting are financial activities essential to running any profitable business. The two are closely intertwined, and while many people consider them one and the same, there is a difference between bookkeeping and accounting. Bookkeeping involves...
