Managing business debts can be one of the most challenging aspects of running a company. Whether...
Fat Cat Bookkeeping
Bookkeeping for Seasonal Businesses: Managing Fluctuating Revenues and Expenses
Your business’s cash flows and revenues can be variable between its peak and low seasons if you...
Wrapping Up Your Bookkeeping for the 2024 Year: A Step-by-Step Guide
As 2024 draws to a close, it’s the perfect time for business owners to take a deep breath and...
Bookkeeping for Side Businesses: Managing Income and Expenses
As an entrepreneur managing your own side business, you know that keeping accurate financial...
Bookkeeping for Service-Based Businesses: Tips and Best Practices
Running a service-based business comes with its own set of bookkeeping challenges....
Cash vs. Accrual Accounting: Pros and Cons for Small Businesses
Deciding between cash and accrual accounting can significantly impact your business operations and...
Key Accounting Terms Every Business Owner Should Know
Assets Assets are resources owned by a business that have future economic...
Creating a Financial Calendar: Managing Bill Payments and Due Dates
As an adult with financial responsibilities, managing due dates and payments for numerous bills...
Tips for Managing Petty Cash Efficiently
Managing petty cash might seem like a small task, but it's crucial to handle it carefully to avoid...
The Importance of Bank Reconciliation: Keeping Your Books in Balance
As a business owner, maintaining accurate financial records is crucial. One of the...
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 Managing Personal Debt: Tracking Loans and Credit Card Balances
By implementing a few simple bookkeeping strategies, you can gain control of your finances....
The Role of Bookkeeping in Achieving Personal Savings Goals
For you to reach your personal savings goals, it's important to create and maintain an efficient...
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...