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What Steps Should Your Company Take if You’ve Been a Victim of Fraud?

September 7, 2022 | Comments Off on What Steps Should Your Company Take if You’ve Been a Victim of Fraud?

Fraud prevention and detection are two of the biggest reasons your company needs a strong bookkeeping system, and it should be more than just creating invoices and making sure bills are paid. It has to include reconciling all the records you have of money coming in and money going out with your bank statements to…

Effective Debt Management for a Business Owner

September 7, 2022 | Comments Off on Effective Debt Management for a Business Owner

Sometimes you have to go into debt to start or build your business. It’s not necessarily a bad thing, but it can be scary, especially if you start falling behind on your payments. Ideally, once you’ve had a chance to build your business and leverage the resources you bought with your borrowed money, you’ll be…

Can Accounting Software Help Reduce Costs?

April 1, 2022 | Comments Off on Can Accounting Software Help Reduce Costs?

I always say that I don’t know anyone who went into business to do bookkeeping. Creating and sending invoices, recording payments, and reconciling your revenue and expenses with your bank statements all take time, and as a business owner, you have enough on your plate without having to deal with all those repetitive tasks. The…

When Are Business Taxes Due in 2022?

March 7, 2022 | Comments Off on When Are Business Taxes Due in 2022?

We all know individual taxes are normally due April 15th, but in 2022, that deadline is April 18th. But what if you own a business? Understanding when business taxes are due depends on the kind of business you have, so let’s start by taking a look at all your options for incorporating your business. Sole…

Achieve Your Financial Goals in 2022 with the Right Bookkeeping System

January 4, 2022 | Comments Off on Achieve Your Financial Goals in 2022 with the Right Bookkeeping System

It’s the beginning of another year, which means it’s time for another round of new year’s resolutions. If you own your own business, your list of new year’s resolutions probably includes making a certain amount of money in your business, but if you don’t want your financial goals to go the way of most new…