Bounced checks — whether those you receive from customers or those you wrote yourself — can go a long way in terms of skewing your financial records. When you learn…
Laurie Blank
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Employees are everything within a business – they are the people who build the product, carry out the service, interact with customers, and maintain the company culture. One article from…
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Accounting
What Is The Difference Between Cash Vs Accrual Accounting?
by Laurie Blankby Laurie BlankThe difference between cash vs accrual accounting is when transactions are entered into the books. With cash accounting, transactions are entered when they actually occur. With the accrual method, transactions…
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The acronym EIN is short for Employee Identification Number. In a nutshell, an EIN identifies your business to the IRS. It’s sort of like a Social Security number for your…
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If you’re a freelancer or even a sole proprietor, you likely know the importance of tracking your time. Time tracking for freelancers is easier than ever thanks to a wide…
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Invoicing is an important part of your business’s overall success. If you aren’t sure how to invoice correctly, you could be inadvertently impacting your company’s bottom line in a negative…
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Customer appreciation gestures can go a long way toward increasing your company’s customer satisfaction and retention rates. Implementing ideas for customer appreciation during the holidays adds an extra bonus for…
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In short, depreciation is an accounting method that helps you offset the cost of an asset over the timespan of its useful life. When a business purchases an asset such…
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Accounting
Accounts Payable vs Accounts Receivable: What’s The Difference
by Laurie Blankby Laurie BlankAs a business owner, knowing the difference between accounts payable vs accounts receivable is important. Whether you do the books yourself or you hire an in-house bookkeeper, understanding important terms…
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Accounting
What’s The Difference Between A Bookkeeper And An Accountant?
by Laurie Blankby Laurie BlankBookkeepers and accountants are vitally important to the success of any business. While some might think the definitions of bookkeeper vs accountant are very similar, they are in fact quite…