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30 Dec 2020

The Mingle Jingle…

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Tagsabacus, accounting, Bookkeeper, Bookkeeping, budget for business, co-mingling funds, comingling funds, CPA, finances, funds, online accounting, organizing, savemoney, savetime

If your business is doing the mingle jingle, it’s time to STOP! You know, co-mingling funds…. EEK! Everyone knows (or at least SHOULD know) that you need a separate bank account for your business finances. But do you know how to pick a bank that will...

22 Dec 2020

Hey Siri, manage my books…..

Posted ByKerry Postel

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Tagsabacus, accounting, Bookkeeper, Bookkeeping, CPA, online accounting, quickbooks, savemoney, savetime

Ever wish your bookkeeping + financial software was more like Siri? 😉 Especially for your business finance questions? Like, “Hey Siri – how can I reduce my business expenses?”, or, “Hey Siri – how can I increase my business’ profit margin?” Here’s the good news –...

17 Dec 2020

Invoices: Sometimes You Have To Write it Off

Posted ByKerry Postel

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Tagsabacus, accounting, Bookkeeper, Bookkeeping, CPA, expenses, finance report, finances, online accounting, organizing, quickbooks, savemoney, savetime

Sometimes you just gotta write it off….. ☹ Did you know that 16% of invoices don’t get paid? 😳 Think about it – you get paid for 8 invoices in a row, no sweat. But when you send out that 9th or 10th invoice … the...

4 Dec 2020

End of the Year, Check Up Time…

Posted ByKerry Postel

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Tagsabacus, accounting, Bookkeeper, Bookkeeping, CPA, online accounting, organizing, quickbooks, receipts, savetime, yearend

Check-up Time…. Do you know if your business finances are ready for the end of the year? Follow up question: do you even know what exactly you need to do in order to … well, BE ready for the end of the year? You may not...

24 Nov 2020

Chart of Accounts (COA) What it is and Why it Matters

Posted ByKerry Postel

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Tagsabacus, accounting, Bookkeeper, Bookkeeping, budget for business, budgeting, Chart of Accounts, CPA, expenses, finances, online accounting, organizing, quickbooks, receipts

The Chart of Accounts (ie. COA) is so important to have good financial reports and to have the specific data that you need to make good business decisions. For instance, if you have a COA, and you have only one account called Utilities, that may work...

20 Nov 2020

Refunds, Credits, and Sales Tax, oh my!

Posted ByKerry Postel

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Tagsabacus, accounting, Bookkeeper, Bookkeeping, budget for business, CPA, finance report, online accounting, organizing, quickbooks, savemoney, savetime

Ever needed to give a customer a refund … but then got to your Quickbooks software and had no idea how to account for it?? Honestly, we would be impressed if you got it right on the first try – refunds come in all shapes and...

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