by Jennifer Scott | Mar 9, 2023 | Bookkeeping
As a business owner, it is crucial to understand how payroll impacts cash flow. If payroll expenses are mismanaged, it can lead to cash flow problems and potentially, financial instability. Management Strategies Here are some strategies you can use to manage it...
by Jennifer Scott | Mar 9, 2023 | Bookkeeping
Managing cash flow is a vital part of any successful business. Without proper bookkeeping and financial management, businesses can quickly find themselves in dire straits, struggling to pay bills and cover expenses. However, with the right strategies and tips,...
by Jennifer Scott | Feb 20, 2023 | Bookkeeping
Congratulations on starting your new business! Preparing your company books for the first time can feel overwhelming, but it can be a manageable task with some basic knowledge and organization. “Bookkeeping is the backbone of a successful business,”...
by Jennifer Scott | Feb 20, 2023 | Bookkeeping
Preparing your business books for your CPA (Certified Public Accountant) can help ensure that your financial records are accurate and up-to-date, making it easier for your CPA to file taxes and provide valuable financial advice. “Good financial records are the...
by Jennifer Scott | Feb 13, 2023 | Bookkeeping
Many business owners view bookkeeping as a necessary evil. That may be. And, it’s a critical aspect of running a business. Proper bookkeeping provides a clear and accurate record of financial transactions which can help facilitate making informed business...
by Jennifer Scott | Jan 25, 2023 | Bookkeeping
Closing the books for the year is an essential task in the annual financial reporting process. It involves identifying any balances on the company’s books and posting any adjustments. However, it can also be daunting. Even so, it’s important to have a...
