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Bookkeeping

Frustrated With Taxes?

By Bookkeeping, Profit First, Tax Strategy No Comments
We are almost in the middle of 2021 and here in the US, Biden has just announced his tax package.   That got me thinking...   Especially now, with the deadline extension this year and all these ideas with tax are going on right now. I wanted to share with you some of the frustrations we have experienced and heard.    Frustrated with filing your...
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Bookkeeping 101

By Accounting, Bookkeeping, Business No Comments

Whether you decide to stay inhouse or outsource, you need to know some bookkeeping basics. My goal is to give you a big picture overview of bookkeeping, so you’ll have a foundation to build your business knowledge on. The more you know. (Did anyone catch that reference?)   Bookkeeping is recording every transaction you make for your business in your books. Every cent you spend…

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Bookkeeping – Is it really that important?

By Accounting, Bookkeeping, Business, Cash Management No Comments

What exactly is bookkeeping?   To put it simply and more official sounding, bookkeeping is classifying and recording every business transaction in your books. Your books can be a literal book with pen and paper. Or like most people your books are in a software program like QuickBooks for example. On the surface it seems pretty straight forward, but once you get into classifications along…

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