Bookkeeping Tips: Understanding Your Chart of Accounts
Understanding your Chart of Accounts is key to creating accurate financials statements. Your Chart of Accounts is a complete list of the ledger accounts you will use to record transactions…
5 Tips for a Successful Business
There are so many things that make a business successful. Here are 5 that we think are important (not in order of importance!): Develop a realistic but challenging budget and…
Cyber Security for Your Small Business
With more and more online accounting packages and cloud servers running any application you can think of, it is more important than ever to be aware of what you can…
Accounting 101 – Understanding Your Chart of Accounts
When you record a transaction in QuickBooks (or any accounting system for that matter), you use ledger accounts that are listed in your Chart of Accounts. QuickBooks helps you create…
Paycheck Protection Program (PPP) Accounting
Paycheck Protection Program (PPP) Accounting So you applied for the PPP loan and have gotten notification that the funds are on the way. What do you do next? The CARES…
Employee Fraud: Can I Really Prevent It?
Almost a third of all businesses fail as a direct result of undetected employee fraud. Fraud typically arises from a motive for personal gain, a perceived opportunity, or a rationalization. …