by becky | Dec 10, 2015 | Accounting, Financial Statements & Reports, Uncategorized
It’s good to know some basic accounting terms, and here are ten terms with friendly definitions for your review. Asset: Essentially, assets are what you own. These include your bank accounts, business equipment, and even the amounts that customers owe you....
by becky | Oct 15, 2015 | Accounting, Financial Statements & Reports, Uncategorized
Small business owners have a lot on their plates, and time simply does not allow you to become an expert in all the areas required for running a business. Here are a couple of common mistakes that we see all the time. Correcting them will help you be more productive...
by becky | Sep 3, 2015 | Accounting, Uncategorized
Some numbers need reviewing on a daily basis, and one example of this is cash. When cash is coming in from a number of places, it’s great to have a daily summary of what was collected. It’s also great to make sure all the collections hit your bank account so you can...
by becky | Aug 6, 2015 | Accounting, Uncategorized
Sales tax laws are constantly changing, and sales tax audits have increased since states and local agencies have become creative about finding new ways to generate revenues. If you haven’t made any changes in your sales tax procedures in a while, you are probably at...
by becky | Jul 9, 2015 | Accounting, Uncategorized
Wow, can you believe that 2015 is half over already? Now that we’ve crossed the halfway mark, it’s time to see if we’re on track for our 2015 goals. To do that, we need to see if we’ve met our mid-year milestones. Managing By Milestones A milestone, in project...
by becky | May 14, 2015 | Accounting, Uncategorized
A great way to speed up your cash flow is to get paid faster by customers who owe you money. One way to do that is to examine your payment terms to see if you can accelerate them. First let’s talk about what payment terms are common. Then I’ll share a study that...
