by Karla Dennis | Mar 19, 2014 | Blog
Stop trying to figure out what is deductible and what isn’t. Let the pros who know the code...
by Karla Dennis | Mar 18, 2014 | Blog
There are many different types of businesses that allow for a flexible schedule. In fact, even in businesses that run on a normal business week there is room for flexible bookkeeping service to handle books. If you have a business that doesn’t need a fulltime bookkeeping service to handle your books, there are pros and cons to having a flexible time schedule. First, some of the cons of flexible bookkeeping service are that it is easy to let the book go on the backburner because there are specific times that you focus on bookkeeping. It takes a lot of discipline to make time for bookkeeping. Even with a flexible schedule you have to put bookkeeping first or you will find that it is easy to get behind on the things you need to do. Another common problem with a flexible bookkeeping schedule is that it is hard to be fully engaged in the work. When you come and go often, it can take time to figure out where you left off. That extra time can cause inaccuracies in the books or there is simply extra time that you have to pay for while the bookkeeper finds out where they last left off. Other the other hand, there are advantages to having a flexible bookkeeping service. It can save you money when you don’t have bookkeeping services around all the time. They can come and go as needed so you don’t have to pay for a service you don’t need. Also, it seems like many employees enjoy some freedom and trust from their boss. Often that trust that is given...
by Karla Dennis | Mar 14, 2014 | Blog
It seems like poor bookkeeping often takes a few months or even years to really sink in for businesses. At that point, it seems like there is no way to really sort through all of the issues that you have at hand. If you find yourself in the middle of a bookkeeping nightmare, here are some of the ways you can get those books figured out. First, think about the reasons behind the problems. Some of the main bookkeeping problems come from incompetent bookkeepers; unexperienced family members taking over as bookkeeper, do-it-yourself bookkeeping, or even having such tight time constraints that you neglect the important task of bookkeeping. Whatever the reason for the lack of successful bookkeeping there are some things that you can do to remedy the situation. Before you just throw away all of your bookkeeping, it is best to identify the problem areas so you don’t repeat the same problem. If it is neglect, you may consider hiring a bookkeeping service. Whatever the reason, don’t put the books away until you’ve made an effort to fix the problem for good. Second, you need to understand how the different kinds of accounts work with Quickbooks. The program can be very effective if you understand how to classify each of the accounts and transactions that move through your business. If you are unsure how to organize your bookkeeping, it might be a good time to bring a professional to help you at least set up your accounts. Finally, don’t completely trash all of your books. It will be hard to measure your business success or shortcomings if you...
by Karla Dennis | Mar 12, 2014 | Blog
There are no free gifts from the IRS, so where does my refund come from and why isn’t it...
by Karla Dennis | Mar 10, 2014 | Blog
As a business owner looking to hire bookkeeping services you may wonder whether it is better to go with a big company or a smaller one. The truth is the bookkeeping services that you need rely greatly upon your business’ needs. Here are some different points to consider when you hire bookkeeping services. First, consider the hours that you need your bookkeeper to work. For example, if you are going to hire bookkeeping services full time (40 hours a week or more), it may be better to track down a bookkeeper that has only worked with a few businesses for a long time. On the other hand, if you only need bookkeeping services part time, a larger company that has worked with all different kinds of businesses might work best for you needs. Second, think about your type of business. Most bookkeepers will tell you that handling the books of most businesses is quite similar, but different. That means that while the basic concepts are the same many businesses have specific needs that will differ from business to business. If you feel like you have a specialized type of business, there bookkeeping services that are specialized to specific businesses. Usually those bookkeeping companies tend to be smaller, but they may fit your needs more effectively. Finally, consider the personality of the bookkeeper. Accuracy and effectiveness is very important in any bookkeeping service, but you want to make sure that personalities mesh as well. You want to be sure that you can trust and be confident in the suggestions of your bookkeeping service. There are many bookkeeping services available, and...