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5 Aug 2020

Tracking and Managing Receipts: Yep. There’s an app for that.

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Tagsaccounting, Bookkeeper, Bookkeeping, CPA, expenses, online accounting, quickbooks, receipts

Maybe your system of storing receipts is great. Maybe it’s perfect. OR Maybe, just maybe, it’s like the episode of Seinfield where Jerry’s audit hinges on one missing receipt for $50 and it is nowhere to be found. {For the record, generally speaking, the IRS only...

30 Jul 2020

When is Petty Cash NOT “Petty”?

Posted ByKerry Postel

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Tagsaccounting, Bookkeeper, Bookkeeping, cash, Cash flow, CPA, expenses, petty cash

First, let’s discuss what it is. Petty cash is typically a small amount of cash that is held in the office for any miscellaneous purposes that may came up throughout the daily operations of our business. Typically, a supply run, or a last minute unplanned office...

13 Jul 2020

To Outsource or Not?? ….. The million-dollar question.

Posted ByKerry Postel

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Tagsaccounting, Bookkeeper, Bookkeeping, Cash flow, CPA, revenue

As a business owner, you have many things to consider when making choices revolving around your accounting. What system will you use? What accounting basis is best for your business? Will you use a fiscal or calendar year? Are there regulations you should know surrounding these...

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