Posts Tagged “common bookkeeping errors”
Bookkeeping Services by BookWerks
BookWerks™ is a cloud-based bookkeeping firm with its roots in Cincinnati, Ohio that provides assistance to businesses in a variety of industries throughout the country. From restaurants to dental and veterinarian practices, and everyone in between. If you’re a business owner who is still doing your own books, it’s time to
STOP Bookkeeping and start BookWerking™.
The Bookkeeper’s Importance to your Business
Bookkeepers are responsible for recording every financial transaction in the appropriate place. That can just look like loading your transactions into accounting software. But bookkeeping is more than just transferring numbers into a spreadsheet—it takes detailed analysis and legal knowledge. Your bookkeeper will help you survive an audit by making sure your financial records are […]
Tips for Entrepreneurs Just Getting Started
Your Bank Account The first thing you need to do, after registering your business with the state, is open a bank account. It is best to have an account separate from your personal account. Open a business checking account first, then a savings account to put aside money for taxes. Many entrepreneurs start with putting […]
What is Involved in Small Business Bookkeeping?
At a minimum, you need to know what you owe your vendors and what your customers owe you. You need to create files or online folders for each of these “buckets.” Your Accounts Payable folder will include bills, receipts, bank statements, credit card statements, and proof of payments (credit card logs, bank transfers, cash receipts). […]