BudgetEase Blog - Making YOU Profitable™

    4 Advantages of Outsourced Bookkeeping Services for Small Businesses

    Your business has a focus and chances are it is not bookkeeping. You can try to manage your accounting needs in-house, assign some tasks to an office manager and take others on yourself, but think about a day where you didn’t have to do any accounting work. Your office manager could focus on customer service and you could focus on running and growing your business. In addition to making better use of your time, scalability, cost and expertise are other reasons why outsourcing your accounting operations makes good business sense.

    Benefits of Budgeting for Your Business

    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 the right foot. Even without historical expenses data, taking the time to forecast income and expenses for the month, quarter and year(s) ahead will help keep your business lean, efficient and open for business.

    Do I Need to Keep Every Receipt for My Bookkeeper?

    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, the auditors can surely verify expenses by simply reviewing my QuickBooks or viewing bank records, right?”

    How to Organize Financial Information Without QuickBooks

    If you have a very small company with only a couple of checking or credit card accounts (designated solely for your business) and don’t want to pay for QuickBooks, how can you keep track of your financial records?

    How to Match Biweekly Payroll to Monthly Income

    If you pay your employees every other week but your income is recognized monthly, your revenue will not be matched to the expenses that helped earn it. On your income statement (P&L), expenses would be understated some months and overstated others.

    What Exactly is QuickBooks Cash + Envelopes?

    Intuit has aligned with a bank called Green Dot to provide QuickBooks Online users with an integrated checking account. This account, called “QuickBooks Cash and Envelopes,” is designed to house funds received from your QuickBooks Payments merchant services. Per Intuit, it “combines a checking account, savings envelopes, merchant service payments, and a cash flow planner all in one integrated interface.” Here is a quick look at Intuit’s selling points:

    Client Spotlight Interview: Dise & Company

    Please meet Ralph Dise, owner of Dise & Company, Kathy’s husband and a loyal customer for over 7 years. Dise & Company is an executive recruiting, outplacement, executive coaching and leadership development firm. Dise & Company matches experienced and talented individuals with a wide variety of organizations. With 30 years of experience, Dise & Company guides “you in creating a culture of diversity and inclusion in which all individuals thrive.”

    5 Questions to Ask Yourself When Reviewing Your Company Budget

    At the start of each year, you probably make goals and have dreams of where you would like your business to go and how to make it grow. You prepared what you thought to be a realistic budget. Preparing the budget is the first step; reviewing it at least monthly is as important to the success of your company. Don’t let your budget gather dust and never look at it again.

    When is it Time to Bid Farewell to a Customer?

    There will likely be a time when you are dealing with clients that may be negatively affecting your business. These are some of the red flags you should look out for:

    Procedure for Charities to Accept Stock Donations

    Even small and medium-sized organizations can accept donations of stock. Here’s how: 

    Subscribe to Email Updates

    New call-to-action

    Recent Posts

    Small Business Bookkeeping