Resources

Gain Insights

Stay informed and know what’s important to your organization.

Nothing in life is more is more exciting and rewarding than the sudden flash of insight that leaves you a changed person.

Arthur Gordon Webster

Invoices-Sometimes-You-Have-To-Write-it-Off

Invoices: Sometimes You Have To Write it Off

Sometimes you just gotta write it off…..

Did you know that 16% of invoices don’t get paid?

Think about it – you get paid for 8 invoices in a row, no sweat. But when you send out that 9th or 10th invoice … the client just doesn’t pay!

And not only are you left in the lurch, you’ve now got this annoying unresolved transaction in your financial records.

So what do you do with that irritating open invoice? Should you delete it?

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End-of-the-Year-Check-Up-Time...

End of the Year, Check Up Time…

Check-up Time….

Do you know if your business finances are ready for the end of the year?

Follow up question: do you even know what exactly you need to do in order to … well, BE ready for the end of the year?

You may not know what exactly you need to do to finish your 2020 finances, right?

You’re in good company… 40% of business owners say that bookkeeping is the WORST part of owning their business.

… which then makes it the easiest

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Chart-of-Accounts-COA-What-it-is-and-Why-it-Matters

Chart of Accounts (COA) What it is and Why it Matters

The Chart of Accounts (ie. COA) is so important to have good financial reports and to have the specific data that you need to make good business decisions.

For instance, if you have a COA, and you have only one account called Utilities, that may work for some businesses. But other businesses may want to know how much they spend on phone bills so they can ship around and reduce their bill. OR a different company may need to know how much their electric

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Refunds-Credits-and-Sales-Tax-oh-my

Refunds, Credits, and Sales Tax, oh my!

Do you understand what a Profit + Loss statement is, and why it’s SO important for your business?

We mean – REALLY understand?

If not, here’s a quick rundown of why it matters, how to use it, and a helpful link if you want to read more about it. (which we encourage you to do!)

First, let’s talk about WHY it is so important to create an accurate (and helpful) P+L report:

Up-to-date bookkeeping data in your financial software

Income and expenses correctly

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Understanding-your-P-L-–-like-REALLY-understanding-it.

Understanding your P& L – like REALLY understanding it.

Do you understand what a Profit + Loss statement is, and why it’s SO important for your business?

We mean – REALLY understand?

If not, here’s a quick rundown of why it matters, how to use it, and a helpful link if you want to read more about it. (which we encourage you to do!)

First, let’s talk about WHY it is so important to create an accurate (and helpful) P+L report:

Up-to-date bookkeeping data in your financial software

Income and expenses correctly

+ Read More
BUDGETING-Tips-From-Experts-For-Your-Business

BUDGETING Tips From Experts For Your Business

Want to learn a simple (and free!) strategy that will help make it WAY more likely for you to achieve your business goals?

It’s true – We just read a survey that 50% of small businesses who did this in 2018 hit their goals for their 1st and 2nd quarters!

Any guesses on what this one thing could be?

It’s … BUDGETING.

We know – as an entrepreneur, having a budget sounds boring, restrictive, and perhaps even overwhelming.

But if you’re serious

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