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...
Nov 20, 2017 | Bookkeeping
It is a common mistake, not knowing the difference between an accountant and accounting clerk, or confusing them with each other. While they both work in the same field and may provide some of the same services, their roles and functions are significantly...
Nov 1, 2017 | Bookkeeping
Hiring a professional bookkeeper is the easiest way to manage your books, but bookkeepers can be expensive and not all businesses have enough workload to justify the cost. As a small business owner, you may be able to handle your own books using specialized...
