Sep 21, 2015 | Bookkeeping, General
When purchasing equipment, or perhaps a business vehicle, it’s important to understand the difference in lease options. Not all equipment should be purchased! Leasing can be a smart option for the small business owner. Don’t think so? Fortune 500 companies do it. Why...
Sep 17, 2015 | Bookkeeping, General
When you first start a company, bookkeeping may not be an issue because you feel that you are just in the beginning stages and have a small amount of things to look after. However, when your business begins to grow, financial tasks can start to add up and soon you may...
Sep 15, 2015 | Bookkeeping, General
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...
Sep 14, 2015 | Bookkeeping, General
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...
Sep 13, 2015 | Bookkeeping, General
Today I made a quick video to explain the basics behind the Statement of Cash Flows, one of the most misunderstood reports. All business owners should be looking to this report to understand the actual cash coming and going out for their business. The income...
Sep 10, 2015 | Bookkeeping, General
Every year Intuit releases a new version of the most popular account program on Earth, QuickBooks. Each year new features are added and additional functionality incorporated. This year is no different. Many new features that will help you and your bookkeeper get...
