BudgetEase Blog - Making YOU Profitable™

    Client Spotlight Interview: Homewatch CareGivers

    We want you to get to know a client of ours, Homewatch CareGivers. They provide kind, compassionate and qualified care to their homebound clients, tailored to their unique needs and in their preferred surroundings. Two of their main objectives are high-quality care and interpersonal relationships. We hear over and over how the team at Homewatch provides the much-needed care for families and friends that can’t take care of themselves. We can’t recommend them highly enough. 

    Getting to Know QBO Management Reports

    Need polished reports for your banker, directors, or investors? The Management Reports feature is a simple, yet powerful feature in QuickBooks Online (QBO).

    Do You Really Have to Reconcile Your Bank Accounts?

    In short, yes. It is recommended that small businesses reconcile their accounts at least monthly, although some small businesses reconcile daily for cash flow reasons. This step-by-step video shows how to reconcile your bank account using QuickBooks.

    The process of comparing your balance (known as the book balance) to the bank’s records (bank balance) is important for the following reasons: 

    Company Spotlight Interview: Maximum Value Partners

    Meet Maximum Value Partners, LLC, a company dedicated to helping small businesses grow. As a dynamic duo, Adam Sonnhalter and Jack Mencini work together to provide high-value coaching to business owners. At BudgetEase, we have seen their coaching in action with our clients. Their results are impressive.

    What Does a Bookkeeper Do?

    Bookkeepers are an integral part of your financial process. They do the heaving lifting to keep your financial information up to date and correct.

    Will Hiring More Employees Increase Bookkeeping Service Costs?

    When hiring new employees, it is important to consider all the steps and pieces of your business that will be impacted by the human resource investment. Not only are you paying the hourly wage or salary, but you're also potentially paying:

    Do I Need an Accountant, Bookkeeper, Controller, or Fractional CFO?

    It can be confusing for small business owners to determine what professional service is needed. Typically, more than one service is necessary. Below are the differences in professional services available for you to determine which ones are best for your business.

    Why a Bank Reconciliation Makes YOU More Profitable

    It is crucial to for business owners to enter all of their transactions into their accounting system. The process of reconciling is important to ensure you have enough cash available to cover costs and are able to fund continued growth. However, business owners often determine their cash balance by checking what the bank shows online in the accounts at a point in time. However, you cannot accurately forecast cash flow unless you match and verify activity in the bank statement to QuickBooks or whichever accounting system you use.  

    When You Hire the First Employee at Your Small Business

    One of the most exciting things a small business owner will do is hire their first employee. Though it make take some time to find the right person, after you're through the interview and references check process, and you're ready to say, "You're hired!", there are a few things you need to plan for on your end. We have some tips to help you get started.

    Year-end is Around the Corner: Finish the Year Strong

    It’s that time of year, rounding out the fall season and sliding into the last few months of the year. We get lost in the day to day work and those unexpected events. Take a moment to take stock in what you and your business have right now and see where you are compared to where you started the year.

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