BudgetEase Blog - Making YOU Profitable™

Payroll Journal Entry & Payroll Clearing: A Bookkeeper’s Favorite Things

Whether you operate a small business or large enterprise, you will have to account for payroll. Properly posting and reporting payroll will be a recurring task. If you follow best practices, you will journalize your payroll and use a payroll clearing account.

When is it Time to Bid Farewell to a Customer?

There will likely be a time when you are dealing with clients that may be negatively affecting your business. These are some of the red flags you should look out for:

Procedure for Charities to Accept Stock Donations

Even small and medium-sized organizations can accept donations of stock. Here’s how: 

6 Reasons to Reconcile Your Bank Statement Each Month

When it comes to bookkeeping for small businesses, bank reconciliation is a very important aspect for any company. Reconciling your bank statement involves comparing your business transactions and balances with the bank’s transactions and balances.

Tips and Guidance on Filing Your Taxes [VIDEO]

Our very own Kathy Dise is an alumna of St. Ursula Academy, a Catholic, all girls high school in Toledo, Ohio. Through their alumni network, they offer a professional development program entitled  "Draw Your Bow".  Every month they feature different topics that their accomplished alums speak on. In February, Kathy participated in one of these sessions as an expert. The topic was Tips and Guidance on Filing Your Taxes.

When Do You Need a Bookkeeper?

While running your own business, you pay bills online, deposit checks with your smart phone and check your bank balance using the internet. So far you are managing quite well. Then something unexpected happens - an automatic bill payment you set up clears the bank and suddenly you are overdrawn.  

Proven Process to Convert Your Accounting Software to QBO

Recently I converted a client from Sage Accounting software to QuickBooks Online. It was a learning experience that I thought would be beneficial to share. There are important steps to take when converting a file to QuickBooks Online. I'll outline them here. 

One Quarter Down, Three To Grow!

How are you doing now that spring has sprung? Feeling lighter, brighter and refreshed? We hope both you and your business are bouncing along nicely into Spring. How do you know if this year will blossom, or if parts of the business are late bloomers and dragging you down?

Why Physical Therapy and Bookkeeping are Alike

A year ago I fell, hurt my knee badly, and needed a cane to get around. I set about managing my own recovery using old physical therapy techniques (learned from prior injuries) to mend my knee. Fast forward a year and my hips start hurting, badly. Eventually I sought out a physical therapist for assistance. The therapist told me I wouldn’t be having hip troubles if I had fixed my knee properly.

The Unfairness Surrounding PPP Second Draw Loans

The second draw of PPP funds is a life raft for many small businesses. There are a lot of great changes to the eligibility rules and uses of PPP-2 funds. Unfortunately, there are a few changes that many deem unfair. 

Subscribe to Email Updates

New call-to-action

Recent Posts

Small Business Bookkeeping