It is that time of year – April 15 is right around the corner and it is time to get the necessary inventory, payroll, invoice, and tax filing information together for the accounting department. Small and medium size businesses have access to an easy and cost-effective tool that can help gather all of the appropriate [...]
It is not uncommon for financial consulting groups to provide QuickBooks in their breadth of services. If you are new to the world of business and just beginning to find your way through the wealth of documents and materials that you are required to maintain then this blog is meant for you. […]
While business consultants are generally experts in all aspects of accounting, tax services and more, we know that many small and medium-sized business owners are often not as well-versed in the range of financial reports required of them to stay in business. A professional business consulting firm can help to relieve the stress associated with [...]
There are few things more rewarding and satisfying than being your own boss. As an entrepreneur you are able to shape your future in ways that are not possible while in the employment of others. However, there are milestones that must be adhered to. One of these is attending to the self-employment taxes for the [...]
You’ve worked hard all year keeping your budget on track. Don’t derail it when the holidays roll around. Retailers make the most money of the year during the December holidays, but that doesn’t mean you have to overspend to help them out. Keep from busting your budget with these smart financial tips. Determine Your Spending [...]
The cash flow is the lifeblood of any business; it gives business owners the means to buy the goods they sell and pay their employees. For many small businesses, uncertain cash flow can hold them back from reaching their full growth potential. One of the most common culprits of poor cash flow is late-paying customers. [...]
without a reliable process for tracking and collecting payments will eventually find it difficult to turn their revenues and profits into cash flow. One in four businesses fail because of interruptions to cash flow. Don’t allow yourself to be included in the statistics of failed businesses by following these simple tips: […]
As your family members get older they may need some help with day-to-day tasks. One of those tasks may be helping with their finances. Even ordinarily tasks, such as balancing a checkbook or paying bills may be something they forget or even avoid as being too difficult. If you had the time yourself, of course [...]
Money is a great motivator, which is why financial reports exist. Financial reports must contain truthful and unbiased information, and accountants must create unbiased and accurate financial reports for those who deal with finance in the various sectors of society. Accounting is the legal and moral method to create accurate and honest decisions that will [...]
Businesses get the money; Accountants keep the books. Accountants keep businesses, governments and “not-for-profits” groups working by following systematic methods of recording their financial activity. […]
