We are approaching the time of the year when small businesses look at their books and realize they are behind, and in some cases, really behind. The knee-jerk reaction is to start adding and reconciling transactions all at once. Best practice indicates otherwise. We recommend you take a step back and do one month at a time.
The first step to starting a small business or startup can be found here.
As a bookkeeper, I am sharing some insights to maintain sound financial records. These are steps to put you on strong financial footing. Having a product or service that is demanded, building the right team, and finding customers are all very important – possibly more important is...
Operating an e-commerce business means dealing with a lot of moving parts and invariably bookkeeping problems. The problem we see most often is organizing information stored in a number of different places, then consolidating it in one place to create useful data used to make insightful business decisions.
We work with many nonprofits and understand the hurdles they face trying to grow their organization while effectively managing finances, including financial planning and reporting. Here are just two examples of how BudgetEase has helped nonprofits through its bookkeeping expertise.
Whether using QuickBooks, QuickBooks Online, or a QuickBooks app, people make mistakes all the time. Listed below are the most common mistakes to watch out for.
Here are the top 10 QuickBooks mistakes we see most often:
Our very own George Dise shares all of the great services we offer at BudgetEase in our new video. Have a look:
If you’re like most small business owners, you have a long list of thing to get done to keep your business operating. Substantial effort is placed on increasing sales, product development, hiring the right people, and making sure customers are happy. Typically, bookkeeping is a secondary concern. Unfortunately, not keeping your books clean and concise is probably costing you money.
Before you close the year in QuickBooks (more on that to follow), you need to ensure a few things are done.
One of the most exciting things a small business owner will do is hire their first employee.
Here are a few tips when you do so: