1-800Accountant Blog

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Are You Wasting Time on Small Business Bookkeeping?

Even the smallest of small businesses have bookkeeping and accounting needs. Small business owners need basic bookkeeping to keep track of income and expenses. It’s essential for filing taxes, but bookkeeping also gives you essential information for business decisions. How are you planning to expand? How many new staff members can you afford?  Bookkeeping gives […]

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Bookkeeping 101: 30 Common Bookkeeping Terms

Bookkeeping has several benefits for small business owners. It can help you track your company’s profits or losses, and it can also help you remain organized. Thorough bookkeeping comes in handy if the IRS audits your company. If you are interested in bookkeeping, you’ll need to first know why it is important and you’ll need […]

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Bookkeeping 101: A Crash Course in Record Keeping for Small Businesses

Bookkeeping often confuses many business owners. It is not typically associated with the idea of business operation. However, bookkeeping, recordkeeping, and their intricacies can yield significant benefits for small business owners. Here is what you should know about bookkeeping and recordkeeping, and why you may consider implementing both into your small business. What Is Bookkeeping? […]

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7 Bookkeeping Hacks from the Pros

Taking responsibility for bookkeeping in your small business can be a stressful and quickly overwhelming step. It can easily get out of control if you’re not vigilant, and sometimes it’s even hard to know where to begin.  Recording the basic flows of money in and out of your business and reconciling different accounts is essential […]

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6 Easy Bookkeeping Tips for Entrepreneurs

As backward as it sounds – it takes money to make money. Starting a business and keeping it running means keeping a healthy flow of money into and out of your business. You can’t be afraid to spend money and invest in the future, but you don’t want to spend too much money you don’t […]

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Bookkeeping 101: How to Keep Good Financial Records

If there’s one thing that small business owners and entrepreneurs need to know right off the bat – it’s how to maintain their records. Sloppy financial records can spell disaster for small businesses. If you can’t keep up with your books, you’ll find yourself in trouble further down the line if you ever run into […]