It can be confusing for small business owners to determine what professional service is needed. Typically, more than one service is necessary. Below are the differences in professional services available for you to determine which ones are best for your business.
It is crucial to for business owners to enter all of their transactions into their accounting system. The process of reconciling is important to ensure you have enough cash available to cover costs and are able to fund continued growth. However, business owners often determine their cash balance by checking what the bank shows online in the accounts at a point in time. However, you cannot accurately forecast cash flow unless you match and verify activity in the bank statement to QuickBooks or whichever accounting system you use.
We often help nonprofits simplify their bookkeeping records that are overwhelming because the financial statements have too much detail. Often, more is NOT better. Too much information can be confusing and doesn’t paint a clean picture of how the organization is doing.
One of the most exciting things a small business owner will do is hire their first employee. Though it make take some time to find the right person, after you're through the interview and references check process, and you're ready to say, "You're hired!", there are a few things you need to plan for on your end. We have some tips to help you get started.
It’s that time of year, rounding out the fall season and sliding into the last few months of the year. We get lost in the day to day work and those unexpected events. Take a moment to take stock in what you and your business have right now and see where you are compared to where you started the year.
When we do catch-up work, sales tax issues are a constant challenge. Many business owners struggle to figure out their sales tax, but we have four steps to make things easier and help keep your sales tax payments accurate.
Please meet Anna Lee Christiansen, the owner of Tree Frog Canopy Tours, a zipline company located in the heart of Loudonville, Ohio. What began as a family’s small business venture is now a successful company offering a variety of recreational packages to its customers. An adventure for the whole family, Tree Frog Canopy Tours is Northern Ohio's only dual-cable zipline canopy tour. It's a great way to explore the natural beauty of the area, all while having a challenging and thrilling experience and creating memories. We asked Anna more about her family’s journey and how bookkeeping has played a role in their business.
9 out of 10 clean-up projects we work on involve mismanaged undeposited funds. Sometimes thousands of entries are hiding behind the scenes. As a result, income is overstated and our client doesn’t have a realistic grasp of how their business is doing.
The last months of the year is a busy time for most businesses. Not just with the approaching holiday season, but preparing for year end as well. To help you get to the finish line, here are some things you can do now to make the end of the year easier.
Our clients often ask us to help prepare their taxes in addition to the small business bookkeeping assistance we provide. Instead, we refer our clients to a CPA firm to provide tax preparation assistance. Why? Let’s look at the primary purpose of a CPA and a bookkeeping firm.