Posts Tagged “financial statements”

Getting Comfortable with Bookkeeping

female small business owners

Regular, skilled bookkeeping helps businesses retain precise financial records, which you are legally required to keep for tax purposes. Daily bookkeeping also offers many business benefits: Budgeting When income and expenses are faithfully recorded, it is easier to see where you stand financially and stay on top of cash flow needs. Organization When your records are […]Read More

Bookkeeping Basics for New Business Owners

financial paperwork

Bookkeeping is the process of keeping track of each financial transaction–from the day you hang out your shingle to the day you shut down. Each transaction is recorded based on documents such as receipts, invoices or purchase orders Most companies–or their bookkeeping partners serving small businesses–use specialized accounting software to keep their books. The bookkeeper […]Read More

How a Bookkeeping Service can help your Small Business Grow

financial growth chart

Small business owners are responsible for sales, marketing, product development, customer service and more. It’s no wonder bookkeeping often falls between the cracks. But keeping accurate financial records is key to the growth of your business. What Does a Bookkeeper Do? A bookkeeper is responsible for maintaining financial records and ensuring that all transactions are […]Read More

Do You Need an Outside Bookkeeper?

accounting paperwork

One of the most important tools you can use to become more competitive and profitable is a bookkeeping service. After they hire professional bookkeepers, businesses enjoy average profit increases of 16%. Does your business need a bookkeeper? Here are some things to consider: What Does a Bookkeeper Do? Key responsibilities of a bookkeeper include getting […]Read More