One of the many important tasks we perform as bookkeepers is bank reconciliation. Keeping the numbers accurate for our clients helps them to function with real time data in their businesses. There are times when a business is having trouble collecting from its clients. It is during these times that a bank account can get … Continue reading Bank Reconciliation
Five Signs You Might Need a Bookkeeper
We all get behind on things from time to time. Life can get busy and work can pile up. Sometimes you can get overwhelmed and wish you had some help. That can be especially true for the small business owner. Here are a few signs you might need a bookkeeper. 1. You don't have enough … Continue reading Five Signs You Might Need a Bookkeeper
Bookkeeping Tools
When it comes to bookkeeping tools today, probably the one thing that comes to mind first is QuickBooks. It has been around for so long that it has become synonymous with small business accounting. I have been using the software since 1995. I have seen a number of changes through the years, but for the … Continue reading Bookkeeping Tools
Sales tax Returns
There are a few pieces of information you will want to have on hand before setting up sales tax in your accounting system and filing sales tax returns. Cash or Accrual In Your State? One of the first things you must understand is the difference between cash and accrual reporting of sales tax if you … Continue reading Sales tax Returns
Which Bookkeeping App to Use?
With so many choices available to small business owners today, it can be difficult to decide what kind of accounting system you need. Should you use a desktop version of the software like QuickBooks so you don't have to pay monthly fees or should you go with an online accounting system that will give you … Continue reading Which Bookkeeping App to Use?