We all get behind on things from time to time. Life can get busy and work can pile up. Sometimes you can get overwhelmed and wish you had some help. That can be especially true for the small business owner. Here are a few signs you might need a bookkeeper. 1. You don't have enough … Continue reading Five Signs You Might Need a Bookkeeper
There are a few pieces of information you will want to have on hand before setting up sales tax in your accounting system and filing sales tax returns. Cash or Accrual In Your State? One of the first things you must understand is the difference between cash and accrual reporting of sales tax if you … Continue reading Sales tax Returns
Most small business owners work long hours and have a lot to juggle. They are often switching between different tasks in order to keep things running smoothly. They have to manage advertising, product purchases, customer accounts, employees and do the bookkeeping. These tasks differ in complexity and number depending on the size and type of … Continue reading Outsource or Do It Yourself?
Do you have a plan for your business? Have you put down on paper what you want to accomplish with your business? Whether it is a bookkeeping business, a tax business or a coffee stand, a plan is the first thing you should do before opening your doors. By writing it down you will be … Continue reading Write Down Your Plan and Your Why
Bookkeeping should be up to date at all times. It’s a good idea to get into the habit of doing month end closings so you don’t get too far behind. One key reason for this is that the business may need to get a loan. The bank will be looking for a current income statement, … Continue reading Financial Statements for a Business Loan