Some small businesses write a check made out to cash. This is where you write the word CASH in the payee area and write the amount out. Anyone can cash the check. While it is convenient for owners to do this, it is best if they don't. It can also be deposited by anyone, and if you lose it, anyone can deposit it. This practice is not recommended because it is hard to keep track of the expenses used for this cashed check among other reasons. However, if you absolutely need to do this, today we are … [Read more...] about 4 Steps to Record Checks Made Out to Cash
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Make Bookkeeping A Priority for Your Small Business
I work with plenty of small business owners that feel bookkeeping frustrates them. They don't want to do it. They don't even understand the importance of it. I'm here to tell you that it is important and it must be done properly to be effective. It is important to make bookkeeping a priority for any business, especially if you are a small business owner or entrepreneur. Make Bookkeeping A Priority For Your Small Business First, you will need to understand the benefits of having an … [Read more...] about Make Bookkeeping A Priority for Your Small Business
