Every small business has experienced the client with a difficult account. Each week they bring a new last-minute request that was “due yesterday,” and like most business owners, you do it. After all, ...
I recall my first experience as a bookkeeper in a dental practice. I met the dentist and of course the hygienist. It wasn’t until I began working at various dental practices that I realized how much ...
Cash flow management and reducing accounts receivable aging are important factors to small business owners. Sending an invoice isn’t always enough to get paid. Sometimes your client needs a nudge in ...
Providing a retirement program for your employees is an important benefit to attract and retain employees. We have found that simple 401(k) plans initiated by small organizations are easily funded ...
Most dentists use proprietary software to manage their practice. As you might imagine, there are countless dental-specific programs, the most popular being Dentrix, Ace, and Dovetail. The primary ...
Commercial Activity Tax (CAT) is a tax imposed for the privilege of doing business in Ohio. CAT is calculated on taxable gross receipts from most business activities in Ohio, or activities that ...
There are two ways of accounting – cash basis accounting and accrual basis. The main difference between them lies in the timing of when revenue and expenses are recognized.
Many small businesses are choosing to leave their QuickBooks Desktop (QBD) accounting software for the accessibility of QuickBooks Online (QBO). As a bookkeeper for a small business, I was part of a ...
As unpleasant as it is, you probably have debt that you are never going to collect. This is a good time to write off bad debt and clean up your A/R Aging report. The proper way to account for bad ...
Client entertainment is a cornerstone of running a small business. The tax law known as the Tax Cuts and Jobs Act (TCJA) has given many small business owners anxiety regarding what is considered a ...
