by Tori May | Nov 14, 2024 | Bookkeeping, Community, Education
At Keep Smart Books, we’re passionate about helping local businesses thrive. Our mission has always been about more than just managing books—it’s about supporting the backbone of Northern Colorado’s vibrant economy. We understand that strong financials are crucial for...
by becky | Jan 19, 2014 | Bookkeeping
It’s happened again….locally….and it makes my blood boil! Another full-time, long term, on staff, trusted bookkeeper has been arrested/prosecuted for company embezzlement. I wish I could train company owners and management on a full time basis on how to prevent...
by becky | Nov 21, 2013 | Bookkeeping, Payroll
If you are having trouble figuring out how to calculate end of year bonuses you are not alone! Here are some quick tips: Holiday Bonus (cash or gift cards) You must treat all cash bonuses, including Gift Certificates (“cash in kind”) as taxable wages, no matter...
by becky | Oct 14, 2013 | Bookkeeping
A common mistake I find many QuickBooks® users make is with the Undeposited Funds account. When you create a new company file, QuickBooks® automatically creates the Undeposited Funds account. It acts like a holding account similar to a cash drawer until you go to the...
by becky | Oct 6, 2013 | Bookkeeping
It’s mission critical time to close out 2013 strong! Check to make sure all of your accounts are reconciled and up-to-date. This includes checking and savings accounts, credits cards and all loans. I also personally think all of your payroll liability accounts...
by becky | Sep 25, 2013 | Bookkeeping
Did you know that accounting processes began more than 7,000 years ago? The Assyrians began a process that relied on primitive accounting methods to properly record herd counts and growth of crops. Now, 7,000 years later we are still counting cattle numbers but also...
