BudgetEase Blog - Making YOU Profitable™

    6 Bookkeeping Time Savers for Small Businesses

    1. Download Bank Transactions

    If your bank doesn’t offer this service for free, consider using another bank. Downloading to QuickBooks has become a universal service.

    2. Review you General Ledger monthly

    A quick review monthly to make sure all your transactions are in the correct account will make year-end a breeze.

    Video: Borrowing Funds for a Small Business

    Many of our clients agonize over starting a conversation with a lender to obtain a loan to grow their business. They don’t know where to start. Here are 3 places for small businesses to look to borrow funds.

    Video: Are Bookkeeping Services Costly?

    Are you considering outsourced bookkeeping for your small business? In our video below, learn how much you can expect to pay if you hire an outsourced bookkeeper. You can also access Intuit's Billing Rate Survey to see what bookkeepers are charging.

    Do You Love or Hate Your Bookkeeper?

    Sometimes bookkeeping for small businesses can be frustrating, both for you as an entrepreneur and for your bookkeeper. They slow you down by asking questions about things that you would rather not deal with, like: 

    Forgot to do your Bookkeeping in 2016?

    OOPS! 2016 is over and you forgot to do your bookkeeping. What should you do? You are not the only one. Every day we get a call from an optometrist or property manager who never kept any records last year. Here is what we do when faced with this dilemma.

    Feeling the Tax Time Crunch?

    5-Point Checklist: What to Send Your Accountant

    Where does the time go? If you are already looking at the calendar and wondering how to accomplish a lot of reporting in a short time for tax season, we understand.

    Do employer taxes seem high in 2017? Here's why!

    There is a double Employer Tax whammy hitting employers in Ohio for 2017:

    • FUTA Tax Credit is lower.
    • Ohio Jobs and Family Services Rate is temporarily higher.

    New Deadline for Filing W-2s and 1099 Forms

    If you are an employer filing W-2s and 1099s for the work completed in 2016, there are no longer two dates to remember. Now, employers have one date to file

    Where Should Small Businesses in Cleveland Look for Help?

    Our small business clients often feel alone. Fortunately Cleveland is loaded with resources for small businesses.

    COSE/INFUSE

    Council of Smaller Enterprises (COSE) is the region's largest small business support organization and provides cost-effective group purchasing programs, advocacy on legislative and regulatory issues, and networking and educational resources to help Northeast Ohio’s small businesses grow.

    Correct Accounting for Barter Transactions

    Are you a dentist who does work in exchange for IT services? Maybe you are a physical therapist who exchanges services with someone who does your social media. These are great examples of bartering.