Tax season is right around the corner. Now is the time to prepare your small business taxes. This includes everything from invoices, receipt books, bank statements, and any records pertaining to your small business expenses. Maybe you’re well-prepared and already a pro at keeping a detailed daily expense tracker. Or maybe you’ve let some things […]
Bookkeeping is something that all businesses will benefit from starting. When it comes to how you do your bookkeeping, you may not know that you have options. Virtual bookkeeping is a bookkeeping option that may be right for your business, and it has advantages and differences. Learn more about how to hire the best bookkeeping […]
When you’re in business for yourself, efficiency is everything. As an independent contractor, you can’t afford to waste any time. You need someone else to share the load or to look over your shoulder and check your work. That goes for your bookkeeping as well! Careful bookkeeping for independent contractors is essential to keep your […]
Understanding accounts receivable is an essential aspect of your business’s finances and payment terms. Accounts receivable are legally enforceable claims for payment held by a company for goods supplied or services rendered that customers/clients have ordered but haven’t yet been paid for. What is Accounts Receivable? Accounts receivable is goods, money, or services owed to […]
Navigating small business bookkeeping and recordkeeping can be a daunting task for many business owners. However, a well-structured financial system is vital to the growth and success of your business. In our latest blog article, we deep dive into bookkeeping and recordkeeping, explaining their roles in business operations and the benefits they can have on […]
I cannot emphasize enough the advantages that effective bookkeeping brings to small business owners. By diligently tracking your company’s financial activities, you’ll gain insight into profits or losses and maintain a well-organized record of transactions. Solid bookkeeping practices also prove invaluable during a potential IRS audit. To successfully navigate the world of bookkeeping, it’s essential […]
Online Sellers Have Less Than 30 Days to Find a Bookkeeping Alternative GoDaddy bookkeeping clients recently received a surprising notice from the web hosting company: GoDaddy will permanently retire its online bookkeeping software. The news comes as quite a shock, especially to eBay sellers and other e-commerce business owners who have long depended on the […]
Bookkeeping is one of the most vital duties for Amazon sellers. There are ways you can implement bookkeeping to comply with tax regulations and tax rules. Whether you’re a veteran Amazon seller or are new to the eCommerce platform, you’ll want to keep organized and methodical bookkeeping a priority throughout your career as a seller. […]
As you look to grow your business, you may ask yourself ‘What does a bookkeeper do?‘ Small businesses of any size can benefit from working with a bookkeeper. Bookkeepers carry out essential duties that keep the business running smoothly. These duties ensure businesses can comply with different laws, policies, and regulations — especially when it […]
Bookkeeping is an essential part of small business operations. It plays a significant role in keeping your small business finances organized and is especially helpful come tax time. Bookkeeping has benefits for beginners, but learning the basics of bookkeeping may help you save time and money. Here are the basics of bookkeeping for beginners, which […]
