Have you ever lost or forgotten to pay a bill? When it happened, how did you feel going on a frantic search for the bill/e-bill wasting time and energy finally realizing you must have deleted it? Anxious? Then giving up and contacting the payee and requesting another bill feeling ashamed that you lost it in the first place. You are not alone. We all have that stressed anxiety when forgetting a task that needs to be done. Here are accounts payable tips that will help reduce stress while doing … [Read more...]
Small Business Bookkeeping Tips Archive Page
Welcome to our Small Business Bookkeeping Tips archive page to help you and your business streamline processes. Read the archive posts for bookkeeping tips to use in your business.
9 Things Every Owner Needs To Know About Accounts Receivable
Everyone wants to be paid for their service, right? We don't want to have to call and remind the client to send the check day in and day out. We want our clients to be trustworthy and pay when the bill is due. At one time or another, we all have dealt with someone paying late. It makes us feel unappreciated. Doesn't it? I know it does for me. To help you minimize your accounts receivable issues, I am sharing these 9 things every owner needs to know about accounts … [Read more...]
3 Benefits of Reconciling Your Credit Card Statements
It's tax time. Do you have your paperwork together and are all your statements reconciled? Before you start pulling your bank statements and backup support paperwork together for your accountant for last year's tax return, you should go through and reconcile your credit card statements for your small business. Why? You may ask. We all know that reconciling a bank account makes it easier to confirm the funds are correct. It will limit the error of bounced checks and improper managing of accounts … [Read more...]
10 Ways a Bookkeeper Can Help a Business
There are many different tasks a bookkeeper can do to help small business owners besides reconciling the bank account. Below are ten ways they can help your business. Ten Ways a bookkeeper can help You Reconcile your bank accounts: Reconciling your bank accounts each month will keep your books in order and reduce your stress at tax time. Reconcile your credit card account: many companies charge on the credit card for supplies and other things needed to run the business. So, reconciling the … [Read more...]
How To Create A Small Business Emergency Savings
It's no secret that disasters happen even in business. But are you ready for it? How much money do you need in your emergency savings (Rainy day fund) to help you in the case of those moments? This question is the question we are going to tackle today. First, we need to determine what your current monthly expense is in your small business. If you use a bookkeeping software, this will be pretty easy to do. Print out last years, Profit and Loss report (P&L) and categorize it by month. As … [Read more...]
How to Save More Money in Your Small Business
As small business owners, we must control our spending and make sure we are spending and saving in the right areas of our business. This month I will be discussing different ways to do just that. I broke these posts down into 7 categories: I hope you find it useful. 1. Posts about Outsourcing Tips to Save Time and Money: Remember: you don't have to do it all. We all have the tasks we can get someone else to do. Determine how much you can afford someone else to do first, then decide on what you … [Read more...]
How to Organize Your Seasonal Summer Business Before Busy Season
Some years ago, I worked with a food truck business owner who would have super busy summers, and we found that it was tough for them to stay organized when they were going from event to event all in one weekend. So, to help them, there were several tips we implemented. 5 Tips To Organize Your Seasonal Summer Business Create a list of events needed for the entire season. This time of year is the best time to schedule those upcoming events. Keep a list of the yearly events you take … [Read more...]
7 Important Examples of Small Business Paperwork Systems
Is your small business paperwork important? One word, YES! Your small business paperwork is important! They need to be accessible, at a moment's notice. The IRS may need them if you were audited. Your accountant may need them if she is doing your taxes. You may need them if you have to reference client information. Having a good filing system in place for all your different types of paper will make your office run more efficiently. Just like the brain, we need to be able to retrieve … [Read more...]
8 Small Business Reference Websites Every Owner Must Use
Did you ever look for information online and just get frustrated on where to go and what to look for? There are so many reference blogs and sites on the Web that it can be overwhelming for a small business owner like yourself. Lucky for you, here are my favorite reference websites. Reference Websites for small businesses startups IRS.gov for updated information on tax and payroll information. Yes, I know, you may be thinking that the IRS site is too complicated to use. It has gotten a … [Read more...]
- 1
- 2
- 3
- 4
- Next Page »
