The Most Important Difference between Bookkeepers and Accountants

Have you ever wondered what the difference is between an accountant and a bookkeeper? While they have a lot of overlap, most of them specialize in one type of service. For the most part, accountants have a Bachelor’s degree in accounting. Bookkeepers may or may not have an accounting degree. Let’s get into more detail […]

How to stay on top of bookkeeping during the holidays

The holidays are here and it’s harder than ever to focus on work. Lot’s of normal tasks are pushed aside as you rush to get ready. Unfortunately one of the first things to go is bookkeeping for your business. Compounding transactions from Oct-Dec can be a tough surprise come the new year. What are things […]

How to Keep Your Business Budget With Black Friday

Ah Black Friday! Basically the free ticket to spend, spend, spend. It’s hard enough sticking to a budget throughout  the year but the holiday season with all the sales makes it even harder. What can you do to stick to a budget? Obviously, there will be purchases that you want to get. So make a […]

Always Losing Your Tools? Check Out These Bookkeeping Tips!

Are you always losing your tools, especially if you have several jobs going at once? It’s a costly problem that could be solved with a simple tool tracker. Here’s some tips on how to get started, with a great freebie attached! To get started, make a list of all the tools that you own, even […]

A Succinct List of the Most Common Business Taxes

Taxes…they’re basically a guaranteed part of life, whether you like it or not. But taxes as a business owner is something else. You have your sales tax, both retail and wholesale, your wage withholding, oh and don’t forget your quarterly! What do all of these mean and how do you calculate them? [Just a disclaimer: […]

The Maddeningly Easy Way to Create a Business Budget

You know the importance of keeping a personal budget to keep your spending in check, but have you ever thought about your business? Business spending, especially if you are in the type of business that needs a lot of job supplies such as a contractor or tradesman, can run a business to the ground, and […]

Forecasting the Future: What You Need to Know

You step into the bookkeeper’s dark office, closing the door behind you. She sits in front of you, several monitors behind her all showing the same thing: QuickBooks Online’s logo as a screensaver, dancing around like a rubber ball in a bouncing castle.  “Please take a seat,” she points at the chair in front of […]

How You Can Use Job-Costing for Successful Trades Business Growth

If your business is project-based, it can be hard to know exactly how much profit vs. expenses you make with each job. There may be times when expenses are purchased for several jobs at once or used over several projects. Clients have multiple invoices with incomplete payments, but you have a hard time keeping track […]