From Taxes to Budgets: An Accounting Blog

Posted on: 24 August 2020

The size of a business does not matter — proper accounting management is an essential element of a business. As a small business, however, the task of staying on top of your accounting needs can sometimes be a challenge, as there is a lot to learn. QuickBooks service can help with the process, and help you avoid a potentially costly mistake as you navigate your expanding business.  Streamlined Invoicing It is highly likely that your business sends out invoices to receive payment, but there are a couple of issues that can cause problems. [Read More]

Posted on: 24 July 2020

Do you forecast your cash flow needs? Most small businesses struggle with cash flow — not just earning enough in the long term to make a profit, but actually having enough cash on hand to pay bills as they arrive. If you find yourself in this situation on a regular basis, a cash flow projection can help. Here's how you and your bookkeeper can create one.   1. Enter Invoices Early [Read More]

Posted on: 15 July 2020

When you are self-employed, you juggle many different tasks. Income tax filings are one of the many — but also often one of the least welcomed. So few people would want to revisit their income tax filings a second time. However, it can be a good idea in a few circumstances. What are some of these? And why? Here are five of the most important.  1. When You Lack Confidence in Your Accountant [Read More]

Posted on: 2 July 2020

No matter what kind of business you run, it's important to keep your financial matters in order. Many businesses struggle with doing this, so they hire a business accountant to take over certain matters. This can free up time and allow them to focus on other business needs. If you're not currently using a business accountant, it may be time to think about hiring one. They can help you grow your company. [Read More]