Business Bookkeeping Blogs

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...

How to Calculate Depreciation- 3 Easy ways

Owning a business requires basic mathematics. Some equations can be simplistic and easy while others are a little trickier to resolve. Every business utilizes assets to function, which means you should have on equation memorized. That one mathematical equation that should be burned in your...

Reasons Why Your Business Needs a Petty Cash Fund

With the world shifting in technology and becoming paperless, you may think there’s no point to having a petty cash fund. Even though we are becoming more digital, there’s always a need for petty cash. You never want to find yourself or your staff member...

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