Monthly Archives: January 2024

The distinction between an accountant and a bookkeeper lies in the scope and depth of their roles within the financial landscape. A bookkeeper primarily focuses on the day-to-day financial transactions of a business. They meticulously record and organize financial data such as sales, purchases, receipts, and payments. Bookkeepers play a crucial role in maintaining accurate…

A lot of people think of small business and entrepreneurship as a highly risky venture. Everyone knows someone – maybe even someone in their family or circle of friends – who went into business and it didn’t work out. There are all kinds of stats floating around on the internet about how 1 in 5…

This is the time of year when a lot of people are trying out goals they set at the end of last year. Some may have already given up and others may be going strong. But usually, these goals are personal in nature and for some reason, most people don’t carry this idea over to…

What Is Your “Year-End Inventory Value”? This is the total dollar value of all products in your warehouses as of the end of your fiscal year. We adjust your inventory account in QuickBooks to ensure the balance in your warehouse matches the balance in QuickBooks. Why Do We Do This? We do not have direct…

Company culture is a term you hear thrown around a lot but usually in reference to larger businesses. The reality is though that every business has a culture even if there is only one person there. The culture is generally determined by the owner because they determine what the business is, how it operates, who…