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 [...]

Best Bookkeeping Practices That Can Help You Achieve Business Success

Bookkeeping is an integral part of accounting. It involves recording financial transactions and bookkeeping teams support accounting by overseeing the company’s financial data. A bookkeeping team is responsible for maintaining accurate books on payroll, accounts payable and receivable, and must also record daily financial entries and reconciliations. Given the importance of bookkeeping, coming up with an effective bookkeeping strategy should top the priority list of every business owner. Here are some best bookkeeping practices bookkeeping experts swear by. Use an Accounting Software The importance of keeping a record of all your business expenses cannot be emphasized enough. That said, you [...]

California Minimum Wage Rising to $13 for Larger Firms

On Jan 1, 2020, California increased the minimum wage for workers employed with larger firms (at least 26 employees) in the state to $13/hour. The minimum wage for employees employed with smaller firms has been raised to $12/hour. California has been continuously increasing its minimum wage since 2017. The end goal of $15/hour will be reached by 2023. Around 20 Californian cities already have a higher minimum wage rate than the state’s mandate. Speaking to the San Diego Union-Tribune, Californian Assemblywoman Lorena Gonzalez, a long-term advocate for workers’ protection, highlighted the need for a higher minimum wage. She said that [...]

Five Services That a Reliable Accounting Firm Can Offer to Small-Scale Business Owners

Most small businesses have limited resources, which prevents them from hiring enough accounting professionals. When a business’s accounting team is understaffed and overworked, mistakes are bound to happen. Accounting errors can deliver a devastating blow to a business, hitting it where it hurts the most. Additionally, often accounting teams get so bogged down with less important accounting tasks that they struggle to focus on critical tasks. To address this problem, small business owners must consider outsourcing their accounting to a reputable accounting firm. Qualified and experienced have an in-house team of subject matter experts who know accounting principles like the [...]

3 Reliable Bookkeeping Tips to Stay Prepared for Tax Filing

Bookkeeping involves recording the financial effects of business transactions. The importance of maintaining books throughout the year cannot be emphasized enough. Bookkeeping helps you analyze your past, while planning for the future. Many businesses that overlook the importance of bookkeeping, realize the criticality of maintaining their financial records the hard way during the tax filing season. In the absence of proper or complete records, many businesses commit mistakes when filing taxes, and that costs them dearly. To ensure smooth sailing during the tax filing season, you must prepare well in advance. To help you save time, and avoid confusions, we [...]

By |2019-01-07T18:05:49-08:00December 14th, 2018|Bookkeeping, Small Business Bookkeeping|0 Comments

The Role of Bookkeeping Services in Risk Management

When you own a small business, it is important to think properly about managing your risk. One of the best ways to do this is to outsource your bookkeeping. To find the right firm for this is to go online, and search for ‘bookkeeping services near me.’ Whether you are the owner of a small business looking to grow your business, or tax season is making you nervous, bookkeeping and record-keeping (early tax planning) can go a long way in ensuring that your business is financially healthy. How Bookkeeping Services Help in Risk Management Here is a look at a [...]

Advantages of Outsourcing Bookkeeping Services

The advent of Internet has changed the way in which most businesses operate. The World Wide Web has opened up several avenues for small and medium businesses. Business owners can now reach out to experts in various fields to handle not just their day to day operations, but also simplify back end operations such as bookkeeping processesto enable their firms run smoothly and profitably. Top Advantages of Outsourcing Bookkeeping Services More Time: Outsourcing your small business bookkeeping operations to Santa Rosa based bookkeeping service providers, frees up the time that can be put to use in handling other aspects of [...]

5 Benefits of Using Bookkeeping Services in Santa Rosa

Most of the businesses choose bookkeeping services with an objective to save money for their accounting systems. Using an external bookkeeping service has many benefits over implementing in-house bookkeeping or doing it yourself. Here are a few out of the many benefits that bookkeeping services can do for businesses of all sizes. Up to Date with Bills: Running a business, whether small or big, is time consuming and at times extremely distressing. It happens often that small tasks are left behind and not completed. However, a delay in performing mundane tasks such as tracking and paying bills on time can result [...]

How Online Payroll and Bookkeeping Works for Small Business Owners in Santa Rosa

By understanding the full range of support services available to your company, you can untether the business from traditional and failing forms of management. Our Santa Rosa team at Virtual Jeannie are experts in small business bookkeeping services and in our new post, we’re highlighting the value that online payroll and bookkeeping can bring to your firm. Cloud support offers instant access The use of cloud computing to provide online payroll services means that the small business in Santa Rosa has access to their bookkeeping records from any computer at any time of the day. The accessible nature of the [...]

By |2018-10-04T08:43:40-07:00September 15th, 2018|Small Business Bookkeeping|0 Comments

Hiring Small Business Bookkeeping in Santa Rosa – Benefits Of Outsourcing

Outsourcing your small business accounts can help you save a significant amount of time and money. Of course, there are right and wrong ways to do it. Our team at Virtual Jeannie is going to cover the basics of small business bookkeeping in Santa Rosa to help you get started on the right foot. Deciding to Outsource If you're still on the fence about outsourcing, ask yourself this: What can you do with the extra time you will have? As a small business, there are probably many things you want to focus your time on. But with so much to [...]

By |2018-05-01T10:46:14-07:00April 15th, 2018|Small Business Bookkeeping|0 Comments