by cmehnert01 | Apr 27, 2022 | Small business bookkeeping
You’ve probably heard the terms asset, liability, and equity thrown around, but if you don’t know what they are, you might not understand how they affect your business. In this article, I am going to go over the basics of what they are and how each of those terms is...
by cmehnert01 | Apr 17, 2022 | Small business bookkeeping
Hiring a bookkeeper can seem like a daunting task, but so many business owners are realizing that hiring a virtual bookkeeper is the best route to take. It’s quick, easy, and hassle free. However, there are still some people who don’t know how to hire a virtual...
by cmehnert01 | Feb 25, 2022 | Small business bookkeeping
When working in the bank feeds in QBO, it can be a bit overwhelming to see all the options available. While the bank feeds are there to streamline the bookkeeping process and make things a bit easier and more efficient, it’s still important to know that the bank feeds...
by cmehnert01 | Jan 1, 2022 | Small business bookkeeping
What is bank reconciliation? Bank reconciliation is when you compare your bookkeeping records to your bank statements or other documents to see if they match. A lot of times, it is easy to miss errors in the books because there’s so much going on, so many accounts, so...
by cmehnert01 | Nov 29, 2021 | Small business bookkeeping
What is the Difference Between a Sales Receipt and an Invoice in Bookkeeping? Many times in bookkeeping, we tend to confuse the concepts of a sales receipt and an invoice. Since both are important but are used differently, it’s good to know how to identify and...
by cmehnert01 | Oct 23, 2021 | Small business bookkeeping
In the process of hiring a bookkeeper, you should keep in mind that even when they’re on board, your job isn’t quite finished. The first thing your bookkeeper is going to do is request your financial information, and for some business owners, that in itself is a...
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