Bookkeeping

Depending on your age, you might remember the days when buying things had to be done in person or over the phone, rather than online. You would take your items up to the counter, and after reviewing your purchases, the clerk would pull out a big, leatherbound book to mark down what you were buying…

The robots are coming for all our jobs and the world as we know it will soon devolve into a dystopian nightmare involving an epic battle between humans and the machines. OK, probably not, but now that I have your attention, let’s talk about the impact of AI on your accounting. While AI is nowhere…

If you’ve reached that stage in your business where you can no longer keep wearing all the hats and grow your business, one of the first things you should outsource is your bookkeeping. While some people are more than happy to hand their bookkeeping off to a professional, others tend to be more hesitant. After…

When most people think of business growth, they usually think about something like sales or marketing – something that plays a direct role in bringing money into the business. But keeping track of your money is just as important as bringing it in. For example, tracking your money can help you keep more of it…

I’ve never heard anyone say they started their business so they can do bookkeeping. Most people start their own businesses because they love doing the work the business was set up to do. Unfortunately, that’s just a small part of owning a business. Another important part is tracking your income and expenses so you can…

As an employee, finding out how much money you’re making is easy. In fact, your employer’s HR department does it for you. They subtract your taxes and health insurance payments for you, so just one glance at the check will tell you how much will end up in your bank account. Owning your own business…

Managing your finances is one of the most important things you can do as a business owner. After all, you’re in business to make money, so why wouldn’t you want to make sure you’re making the most of that money? Unfortunately, a lot of small business owners don’t think beyond paying their bills and making…

It would be nice if keeping track of your business’ financials was as easy as invoicing a client and collecting the money for that invoice, but the truth is there’s much more to it than that. In reality, each transaction for your business goes through an eight-step cycle. I know that sounds like a lot,…