Bookkeeping 101

Receive regular executive reports that show how healthy your service business is running to make informed decisions. The Balance sheet shows the financial position of a firm on a given date (i.e. assets, liabilities and net worth). Giersch Group has consultants who have years of experience in understanding the tax and accounting needs that are … Continue reading “Bookkeeping for landscaping business: Bookkeeping for Landscaping Business: Best Practices”

Income, which can also be called revenue, is the money collected from offering a service, like hair styling. Speak with an agent to get a quote and set up an appointment with a Certified QuickBooks Pro Advisor to go over your books. Handling the books and financial information can take you away from the business … Continue reading “Bookkeeping for hair stylist: 15 Best Accounting and Bookkeeping Software for A Hair Salon in 2022”

Founded in 1955 by brothers Henry and Richard Bloch, H&R Block has filed over 600 million tax returns. In addition to providing personal tax filing services, the company offers online and desktop software products and a variety of other financial services. H&R Block Tax Services LLC franchisees prepare tax returns and may be eligible to … Continue reading “Bookkeeping for franchises: Are you considering buying an accounting or bookkeeping franchise? Read this first”

WorkingPoint prides itself on being an online small business management solution. If you are an eBay seller looking for the simplest way to organize your accounting data, look no further than Kashoo. And with its powerful search capabilities, you can easily find and track your past invoices with just a few clicks. This makes it … Continue reading “Bookkeeping for ebay sellers: 8 Best Accounting Software For eBay Sellers in 2023 OJDS”

Increasing shop efficiency improves productivity and leads to clearer books. All auto shop repairs should have a solid system in place for their part core return as handling these returns quickly can introduce a new stream of revenue for your business. With that said, efficient bookkeeping is a must to create a thriving part core … Continue reading “Bookkeeping for auto repair shops: Auto Repair Shop Business Bookkeeping Spreadsheet for Non Etsy Finland”

In those early stages, bookkeeping isn’t a pressing issue. Most fledgling businesses keep records of when they receive cash from sales or spend cash to cover bills, and leave it at that. If your business still handles its books this way, you should strongly consider moving to the accrual method of accounting, and this is … Continue reading “Bookkeeping clean up: Why Are Your Books a Mess? How to Clean Up Accounting Records?”

Providing alerts if there are any major changes in your business spending habits. Note, however, that the lowest-tier Essential plan uses proprietary software and lacks integrations with QuickBooks Online or NetSuite. Considering the price point and more advanced CFO-level features you can add to your plan, inDinero is best suited for medium-sized and quickly growing businesses. Accounting, … Continue reading “Bookkeeping and payroll services: 8 Best Online Bookkeeping Services for Small Businesses of May 2023”

The last service that Bookkeeper360 offers is technical assistance. Bookkeeper360 is working on its own application, 360app, that will allow you to manage all of your Bookkeeper360 services, from accounting to financial planning, in one place. This app has not yet launched, but according to the Bookkeeper360 website, will be included in all packages. Bookkeeper360 … Continue reading “Bookkeeper360: Bookkeeper360 Review: Pricing, Features, and Top Alternatives”

At the end of each month, the cash book is not balanced until a bank statement is received from the bank. The term book balance, which is also used in the bank reconciliation is the amount shown in the company’s general ledger for the bank account. The automatic withdrawal requires a simple journal entry that … Continue reading “Book balance: Calculating the Book Balance”

Here are some general examples of billable and non-billable activities during a team member’s workday. On average, that typically means billing around 30 hours out of 40 working hours a week. For some high-performing fields, that number may be even higher. Between Curdbee & their new version, Hiveage, I’ve brought in more than $310,000 than … Continue reading “Billable hours: What Are Billable Hours? How to Get Paid on Time”