by Fran McCully | Sep 26, 2019 | Accounting, Bookkeeping Tips
When you pay a bill in your business, are you 100 percent comfortable that the bill payment is correct and justified? Is there ever a chance that that bill is fake or fraudulent? What about duplicates? With so many fake bills being mailed to businesses these days, it...
by Fran McCully | Apr 25, 2019 | Accounting, Bookkeeping Tips
When you purchase a new vehicle, you get the fun of riding around in a new car with the new car smell! Our job has just begun – to get your new asset recorded properly on your books. We thought it’d be fun to give you a behind-the-scenes sneak peek at our...
by Fran McCully | Jul 19, 2018 | Bookkeeping Tips, Business Tips
The actual process of keeping books is easy to understand when broken down into steps: Keep receipts and or other acceptable records of every payment and expenditure from your business. Summarize your income and expenditure records on a periodic basis (generally...
by Fran McCully | Feb 15, 2018 | Accounting, Bookkeeping Tips
Many new business owners are daunted by the idea of bookkeeping and accounting; most have not been trained to any degree in either field. Obviously, for the professional bookkeeper or accountant, both are fairly simple. Bookkeeping is the practice or profession of...
by Fran McCully | Jan 18, 2018 | Bookkeeping Tips
It’s a new year and a chance for a fresh start and that includes your bookkeeping! The beginning of the year is a great time to get your books in order and set up habits that can be easily followed and kept up with all year long. The start of each New Year gives...
by Fran McCully | Nov 9, 2017 | Bookkeeping Tips
The Balance Sheet is an important report in your business’s financial statements. Most small business owners are unsure of what all of the numbers mean on this report, so let’s see if we can shed some light on what they mean. A Summary of Balances One big...
