Blogs

Six Proven Ways to Stop the Cash Flow Panic Now

Are you stressed out about cash flow? Does the thought of not meeting payroll keep you up at night? We get it. You are not alone. According to the 2022 State of Small Business Cashflow Survey by QuickBooks: 3 in 5 small businesses have unpaid invoices. US small businesses with unpaid invoices are owed around READ MORE

Q3 Playbook: Crafting a Winning Financial Game Plan for Your Business

As we set sail into the third quarter (Q3), it is vital to steer your business’s financial ship with precision. Q3 business accounting planning is not just about maintenance but strategically navigating through unpredictable waters to ensure prosperity. What can you do? Here are essential steps to make the most out of Q3. We’ve also READ MORE

Why Having A Controller Is Good For Your Business

Are you the bookkeeper, controller, and CFO of your company? Here’s a checklist of your main responsibilities … And how to get them off your plate. In one of our most recent posts, we discussed ways to prevent employee theft or fraud. One of those ways involved separating the duties when it comes to your READ MORE

Your Year-End Small Business Accounting Checklist

Using this Year-End Small Business Accounting Checklist will help you to save money by keeping the review with your CPA or tax advisor as efficient as possible. It is also designed to help you understand how to close your year like a pro! Step One: Report Review Before you dive into your Year-End Small Business READ MORE

Accounting Accuracy: 5 Effective Ways to Test Your Books Against Inventory

Accurate accounting is crucial for any business to make informed decisions and maintain financial stability. One critical aspect of accounting is reconciling inventory records with the corresponding financial books. “Here are five effective methods to test and verify the accuracy of your accounting books against your inventory,” claims Jennifer Scott, HireEffect’s founder, and CEO. “By READ MORE