4 Reasons Businesses Must Hire Bookkeepers and Accountants

Bookkeeping and accounting are important for any business as their main objective is to help businesses stay on top of their finances Both of these tasks are equally time-consuming and tedious. They require a meticulous, detail-oriented eye, and proficiency in different bookkeeping and accounting principles. If you rely on your employees to do these tasks, they may make costly mistakes. Cleaning up an accounting or bookkeeping mess can seem like an uphill challenge when not done by an expert. Some accounting and bookkeeping mistakes are impossible to rectify and can haunt a business for years with their residual effects. Outsource [...]

Is It Time to Tune Up your Nonprofit’s Accounting Function?

You should regularly review your not-for-profit’s accounting function for inefficiencies. You can conduct annual reviews or perform an assessment whenever a significant event takes place. Here are some tips for a successful review from Virtual Jeannie Bookkeeping, a Santa Rosa-based accounting firm. Check if Cutoff Policies are Followed You need to create policies for the monthly cutoff of recording expenses and invoicing. For example, require your teams to submit invoices to the accounting department by the final business day of each month. If you do not have any policies in place, adjustments will undoubtedly pile up. Your accounting team will [...]