As a business owner, maintaining accurate financial records is crucial. One of the...
The Importance of Bank Reconciliation: Keeping Your Books in Balance
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Small business bookkeeping
Why You Should Have Both an Accountant and a Bookkeeper
Having both an accountant and a bookkeeper for your business may seem redundant at first glance,...
Bookkeeping for Nonprofits-An Overview
It may be frightening to keep books, but not necessarily. When you know the basics and have good...
How to Create and Maintain a Chart of Accounts for Your Business
As a business owner, you should maintain an organized system for tracking your financial...
The Basics of Double-Entry Bookkeeping: A Beginner’s Guide
This guide for beginners will break down the essentials of double-entry bookkeeping into simple,...
Understanding Accruals and Deferrals: Managing Timing Differences in Bookkeeping
Accruals and deferrals are used to allocate revenues to the appropriate accounting...
Bookkeeping for E-Commerce Businesses: Unique Challenges and Solutions
E-commerce entrepreneurs understand the unique challenges faced by businesses when it comes to...
Bookkeeping Tips for Solopreneurs and One-Person Businesses
As a one-person business, you wear many hats. Even though it can be dull and repetitive, keeping...
Best Practices for Tracking and Categorizing Expenses
If you are a business person, monitoring your spending is key to proper financial management. It...
Accrual versus cash basis- which is right for my business?
Deciding between accrual or cash-based accounting can be a big deal for your business....
Best tips to keep accurate records
Accurate record-keeping is vital for any business, large or small. It involves more than just...
How to Enter PayPal Currency Conversions Into QBO
Note: you will need to activate multi-currency within QBO, add foreign currencies within QBO,...
Small Business Accounting Tips for Entrepreneurs
When you're starting up a business, it's often tempting to cut corners. This is especially true...
The Role of Bookkeeping in Business Success
Bookkeeping is the process of recording and organizing your business's financial transactions....
What are the Top 5 Expenses for Small Businesses?
You need to be aware of numerous financial obligations as an entrepreneur beginning your own small...
Best Bookkeeping Practices as a Nonprofit Organization
While starting a nonprofit can be gratifying, it also poses significant challenges. In this...
Bookkeeping for Your Etsy Shop
So, you've just started your Etsy shop, and you have a lot of finances to manage. You probably...
What are estimated taxes?
If you gain money that is not automatically taxed, including self-employment income, you may need...
What is GAAP and Why Is It Important?
Generally Accepted Accounting Principles (GAAP) are the standard framework of guidelines for...
What is a 1099 contractor?
Form 1099 is the form used to report payments to individuals not covered by a payroll tax or...
WELCOME TO FAT CAT!!
Simple, straightforward virtual bookkeeping for your small business or personal finances. Based in Southern California, I work out of my home office with my cat supervising your books to ensure that they are both beautifully organized and accurate.