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 ...
In 9 out of 10 clean-up projects we handle, mismanaged undeposited funds are a major issue. Often, thousands of entries are hidden in the background, leading to overstated income and giving clients ...
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 ...
When it comes to running a small business, there is so much involved. Marketing, production, staff, research, development... the list goes on and on. Finance is also a big and important part, and ...
Your business has a focus—and it’s probably not bookkeeping. While you can try to handle accounting in-house, split tasks with an office manager, or take them on yourself, imagine a day where none of ...
Just as a personal budget can help ensure enough money is saved for retirement, a business budget can help ensure the company can succeed long into the future. Budgets also help start-ups step off on ...
Want to ensure your QuickBooks (QB) file aligns with your tax return? The best practice is to enter into QuickBooks your accountant’s adjusting journal entries If these aren’t available, we recommend ...
I'm often asked, "Do I need to keep my receipts for you, my bookkeeper, or are my bank and credit card statements saved through my financial institution enough? If I'm audited, can't the auditors ...
If you pay employees biweekly but recognize income monthly, your revenue won’t align with the expenses that helped generate it. This causes your income statement (P&L) to understate expenses in ...
A common first task for many of the new clients that engage BudgetEase is catching up their QuickBooks file to date. Often times, it has been years since a reconciliation has been done, principle and ...
