We help business owners organize their books so tax time is not so much of a nightmare!
We love crunching numbers, but even more than crunching numbers we are passionate about solving problems! Whether it’s helping to train a business owner on best practices in QuickBooks Online, or doing a clean up job to get the books in order for taxes, we love a challenge and feel accomplished when we are able to solve a problem that has been plaguing a client. The sigh of relief from a client is an affirmation of a job well done to us.
Bookkeeping Best Practices
Keep these best practices in mind when implementing a bookkeeping system in your company:
- Maintain accurate records. Good recordkeeping will aid in tax preparation and making better financial decisions in the future.
- Use accounting software to track expenses. Using accounting software, like QuickBooks Online, can help you save valuable time. Many online bookkeeping applications can connect to your business’s checking account to automate the recording of transactions.
- Monitor everything. Keeping a close watch on your cash flow can help you avoid running out of funds and incurring expensive bank fees. Keep a record of all receipts – this is your proof of how you’ve spent funds throughout the year and can be invaluable if you’re audited.
We believe in the Profit First methodology and love helping businesses understand where the health of their business is today, and how we can help them grow to the ideal state in the future.
We offer free consultations and can help perform an Instant Assessment to show business owners the “current” state of their business. We highly recommend the book “Profit First” by Mike Michalowicz to all business owners to change their mindset on how to manage their business finances.
Schedule a free consultation today to learn more about how we can help you get on the right track!