4 Ways to Save Time and Money on Accounting and Bookkeeping Services

Bookkeeping and accounting are important for any business. Maintaining the books of accounts takes some effort. There are many steps involved in the accounting cycle. Oftentimes, accounting, and bookkeeping teams can get lost in the paperwork jungle. If your team is investing too much time and effort maintaining books and analyzing accounting & bookkeeping processes, you need to come up with a plan to reduce their workload. Which ensures they have enough time to invest in more productive tasks such as creating accounting policies for the organization. Here are some tips to save time and money with accounting and bookkeeping [...]

By |2020-06-29T05:54:13-07:00June 22nd, 2020|Bookkeeping, bookkeeping services|0 Comments

4 QuickBooks Online Tools for Cleaning Up a Financial Mess

No organization can afford bookkeeping and accounting blunders. Even a single wrong entry can hit a business where it hurts the most. After which, a team of seasoned finance professionals can take weeks, even months, to clean up the financial mess. Thankfully, QuickBooks Online or QBO has some effective tools to help teams take an organized approach and speed up reconciliation and other processes when sorting out financial messes. These online tools make lives of finance professionals easier and help them keep a level head when dealing with a frustrating situation. Here are some of the most useful QBO tools [...]

By |2020-06-29T05:54:58-07:00June 12th, 2020|bookkeeping services, QuickBooks|0 Comments

Why Your Start-Up Needs a Professional Bookkeeper

Entrepreneurs have too much on their plate. Many entrepreneurs with limited funds have to juggle multiple tasks and wear several hats. One day, an entrepreneur may be busy screening and evaluating candidates for a position, while on the next day, they may have to perform the role of an IT manager. Accounting and bookkeeping tasks, however, are best left to the experts. The temptation to save money by trying to do everything yourself can be hard to resist;however, you need to understand that the benefits of hiring a professional bookkeeper far outweigh the costs. Here are some reasons why you [...]

By |2020-06-02T06:06:36-07:00May 22nd, 2020|Bookkeeping, bookkeeping services|0 Comments

Top Tips to Make the Most Out Of Your Accounting Software

More businesses than ever realize that manual accounting and bookkeeping are both error-prone and time-consuming. To ensure their accounting staff has adequate time to focus on more productive activities like creating accounting policies, businesses worldwide are using accounting software to automate their accounting processes. Having an accounting software does not mean anything if your accounting staff does not know the principles of financial management. Here are some bookkeeping basics that will help deepen your understanding of financial management principles. Identify the Leaks That Are Costing You Money The primary purpose of financial accounting is to help businesses understand the aspects [...]

By |2020-06-02T05:48:36-07:00May 12th, 2020|bookkeeping services|0 Comments

The Best Tips for a Small Business Owner Managing Their Own Bookkeeping

As a small business owner, it is crucial for you to practice the right bookkeeping practices. If you maintain good financial records, it will make it easier for you to manage your company’s debts, direct deposits, and items you sell on credit by recording and utilizing invoices. In the absence of good bookkeeping in Santa Rosa, you will end up bankrupt even before you can make your investment grow. Below are some practices that bookkeepers in Santa Rosa suggest every business owner consider when maintaining their own bookkeeping. Separate Business and Personal Expenses – It is important for you as [...]

Accounting Mistakes That Put Your Small Business at Risk

Accounting services in Santa Rosa are a quintessential part of any business endeavor – be it large or small. Accounting is more than just addition and subtraction. Many small businesses make the blunder of handling their own money in the hope to save money, but end up making mistakes due to their lack of expertise in accounting procedures. Listed below are few accounting mistakes that can jeopardize your company. Failure to Keep Records of All Expenses – It is extremely important for every business to keep receipts for all business-related purchases. If your company has a credit card statement, it [...]

By |2020-04-29T06:26:04-07:00April 13th, 2020|Bookkeeping, Payroll Services|0 Comments

Tips For Setting Up a New Company’s Payroll

If you are planning on opening a new business, setting up your company’s payroll can be rather overwhelming. Thankfully, there are many nearby payroll processing companies  that can do this for you. However, before you hire someone to run the payroll for your company, it is important to understand the basic steps involved in setting up payroll. Listed below are a few tips you must be aware of when setting up payroll. Register for an Employer Identification Number – This is the very first step in setting up a new company. An employer identification number helps in identifying a business [...]

By |2020-04-02T07:32:55-07:00March 25th, 2020|Payroll, Payroll Services|0 Comments

Protect Your Business Against Payroll Tax Penalties

Over the years, thousands of businesses have been charged with civil penalty for business income taxes and issues with employment taxes. Ignoring the problem will only create more problems in the future. Instead of doing that, it is recommended that you seek assistance and consultation from various companies offering payroll services to customers. If you are a resident of Santa Rosa, you can search for payroll services online to gather information and contact details of the same. A professional tax organization and payroll company has professionals in the team who have deep knowledge on commercial and taxation matters and can [...]

By |2020-04-02T07:37:55-07:00March 15th, 2020|Payroll, Payroll Services|0 Comments

What is a Bookkeeping Service?

A bookkeeping service works to develop and maintain a company’s financial processes and ensure there is a proper record of payables and receivables. The service will ensure all financial transactions done by the company are appropriately documented and recorded. Additionally, they manage payroll, handle sales tax, withholding and quarterly taxes, generate monthly financial reports, and reconcile bank statements. A bookkeeping service allows you to get a clear financial picture of your business and helps you see how the business is performing. What are the Duties and Responsibilities of a Bookkeeper? A bookkeeper’s main responsibility is to maintain the general ledgers [...]

By |2020-04-02T07:26:28-07:00March 5th, 2020|Bookkeeping|0 Comments

What Happens If You Cannot Pay Taxes You Owe?

The IRS is more powerful than you think. It comes down heavily on people who do not pay their taxes. From property attachment to a jail sentence, tax defaulters can face the IRS’s wrath in several different forms. But what if a person who owes taxes cannot pay due to temporary financial hardship? Will the IRS still wreak havoc on their life? Probably not. If you do not have enough funds to pay your taxes, don’t panic, you’re not alone. Every year some 5 million taxpayers need a payment alternative. Your inability to pay taxes you owe is not the [...]

By |2020-03-05T07:49:28-08:00February 27th, 2020|Bookkeeping, bookkeeping services, QuickBooks|0 Comments