Bookkeeping Blogs

What Is Bookkeeping?

Bookkeeping involves more than numbers and spreadsheets — it's the process of recording each of your business' financial transactions. Whether you've been an entrepreneur for years or you're only getting started, you can improve your finances. Bookkeeping gives you an accurate view of your organization's...

The Importance of Bank Reconciliations for Small Businesses

In a perfect world, what's left in your business bank account at the end of the month would align with what your company spent or earned that month. That doesn't always happen, though, due to delays in payment processing or deposits. A discrepancy between your...

How QuickBooks Makes Your Life Easier

Owners of small businesses have a lot on their plates and must become masters at multitasking. Dealing with customers, supervising employees, running day-to-day operations and trying to think of ways to improve their business may not leave enough time for managing essential administrative tasks like...

6 Ways to Recover Your Small Business In 2022

While the pandemic and lockdown impacted businesses of all sizes, small businesses took the hardest hit in 2020. As a small business owner, you may not know where and how to start recovering from your losses. While there's no way to predict what's in store...

Should Your Business Outsource Its Payroll Services?

Payroll is often an overlooked priority, and busy business owners don't always have the time to do it. This leads many to the question — should a business outsource payroll? While some business owners choose to handle payroll in-house through a payroll app or manual bookkeeping, others...

How to Avoid Collections & Get Delinquent Customers To Pay On Time

In every industry and every business, there will always be at least one delinquent debtor to handle. At times the missed payment can be a simple mistake or human error on the customer’s behalf. Those clients are quick to apologize and effectively pay what they...

What Is A Business Journal Entry And How Is It Used?

Being a small business owner, you typically divvy up your time in every facet of your business. Whether you have one employee or thirty, business owners are busy. To maintain and/or thrive, your finances need to be in order. Poor financial management is one of...

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