Monthly Archives : July 2015

Are You Making These Common QuickBooks Mistakes?

On July 30, 2015, Posted by , In Quickbooks, By ,, , With Comments Off on Are You Making These Common QuickBooks Mistakes?

We see a lot of QuickBooks company files that are completely chaotic. The strange thing is that most of them have some or all of the same mistakes. We have compiled a list of the most common mistakes that small business owners make in QuickBooks. They don’t reconcile accounts. This…

Tips From a Bookkeeper: How to Make a Small Business Soar

On July 28, 2015, Posted by , In Bookkeeping, By ,, , With Comments Off on Tips From a Bookkeeper: How to Make a Small Business Soar

Owning a small business seems easy until you are actually doing it. Small business success comes from hard work, willingness to adapt when certain issues arise, and learning from others. Business owners who claim to know everything and refuse to listen to others ideas often fail due to their stubbornness….

Why We Care About Small Business Bookkeeping in Wilmington NC

On July 23, 2015, Posted by , In Bookkeeping, By ,, , With Comments Off on Why We Care About Small Business Bookkeeping in Wilmington NC

Do you ever ask yourself why you do what you do? Many may wonder why we offer small business bookkeeping services. Most individuals cringe at the thought of dealing with bookkeeping on their own, so they can’t imagine the type of people who want to do it for a living. Here…

Small Business Bookkeeping: Why is it so Important?

On July 21, 2015, Posted by , In Bookkeeping, By ,,, , With Comments Off on Small Business Bookkeeping: Why is it so Important?

Bookkeeping may feel like a chore, but it is an essential component of every small business. Businesses that could have been successful have ended up failing due to not properly maintaining financial records. According to the IRS, 40% of small businesses are fined an average of $845 each year for…

Why Keep Small Business and Personal Accounts Separate?

On July 16, 2015, Posted by , In Bookkeeping, With Comments Off on Why Keep Small Business and Personal Accounts Separate?

Even though most individuals claim they know to never mix their personal expenses with the expenses of their small business, it seems to be a common issue. Many think it is okay to take funds out of one to put into the other, as long as they put the money back…

Bookkeeping Mistakes That Put Small Businesses at Risk

On July 14, 2015, Posted by , In Bookkeeping, By ,, , With Comments Off on Bookkeeping Mistakes That Put Small Businesses at Risk

Bookkeeping is a critical part of every business and it is not quite as easy as it may seem. Many small business owners believe that handling their own bookkeeping will save money, but this may not be the best idea in the long run. Bookkeeping errors can impede the growth…

Small Business Bookkeeping Timeline: Tasks to Do and When to Do Them

On July 9, 2015, Posted by , In Bookkeeping, By ,, , With Comments Off on Small Business Bookkeeping Timeline: Tasks to Do and When to Do Them

The key to managing your business finances is to create a plan, follow a budget, regularly review results, and always follow proper bookkeeping practices. However, many small business owners have the same question about bookkeeping: When is it time to do what? We have created a timeline of when to take…

How to Keep Receipts Organized for Pain Free Bookkeeping

On July 7, 2015, Posted by , In Bookkeeping, By ,, , With Comments Off on How to Keep Receipts Organized for Pain Free Bookkeeping

It’s not often that you hear of a small business owner turning down a receipt. Not because they enjoy spending hours organizing them and getting them to their accountant, but because without them their tax return could be in peril. Receipts are audit protection, and these little pieces of paper…

Bookkeeping Tips That Will Save Time and Money

On July 1, 2015, Posted by , In Bookkeeping, By ,, , With Comments Off on Bookkeeping Tips That Will Save Time and Money

Some small business owners view bookkeeping as a task that will take them away from their business and become a burden. Others are made nervous by the thought of incorrectly keeping track of their bookkeeping and being greeted by the IRS. Being a successful business owner doesn’t mean you have…