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Tag: Accountant

BOOKKEEPING IS BASIC FOR BUSINESS GROWTH!

September 17, 2018
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BOOKKEEPING IS A LEGITIMATE BUSINESS AND BASIC FOR BUSINESS! Bookkeeping is a series business and a very necessary part of running a great company!  Corporations employ bookkeepers yet however they’re described as accountants.  The CPA Board does not agree or acknowledge that bookkeepers/accountants be used interchangeably.  The concept of the work is similar, the knowledge often equal and the results equal.  Each month, a successful, growing corporation has someone to record, track the expenses of the company, record the…

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FUDGING DOESN’T WORK

April 30, 2018
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Fudging is not an official “accounting term”.  I don’t ever remember hearing that word in vocabulary of Financial or Managerial Accounting Courses but it is definitely a common word used in accounting around the offices especially at tax time. As a professional Bookkeeping and Consulting company owner, I specialize in making sure that clients monitor their day-to-day company activities on a regular basis.  For most of my clients that is a monthly review at month-end closing.  I treat them…

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YOUR COMPANY’S NUMBERS SHOULD BE A WORK OF ART

April 2, 2018
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IT’S A BEAUTIFUL PORTRAIT OR IS IT? The first thing I hear, when I tell people that I own a professional bookkeeping service and that I do tax preparation is; “you must really like numbers.”  I guess I do, but more importantly I understand them.  Financial analyst and business growth involves numbers but those numbers paint a picture of a business, the business owners and the management of that business.   In any corporation or large business, you will notice a…

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HOW MUCH IS YOUR TIME WORTH, CEO?

February 5, 2018
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You’re the CEO, the visionary, the founder of the business or ministry.  Without you there is no company, no future, no foundation.  It is crucial when building your business to be willing to do EVERYTHING! It really is, however it is wise to be able to teach, development and mentor people to do the jobs that you really shouldn’t do and do not have time to handle.   In the beginning, yes you answer your own phones, however if your…

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IGNORE THE SOUNDBITES OF TAX INFORMATION

January 2, 2018
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It’s the same old thing each year.  Although less than 12 hours ago, people were celebrating the start of a New Year, I’m not sure that they know or that our definition of a New Year means the same from person-to-person.  As an Accountant and Tax Preparer, my job is to make sure that people really have a New financial year and the first thing I inquire about, is their last year!  Yep you can step into a new…

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DOCUMENTATION IS EVERYTHING!

November 29, 2017
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Most people just wing it.  They don’t keep receipts and at the year-end gather all their information and drag it to a CPA or Tax Preparer to calculate their tax return.  While those professionals gear up and prepare all year to handle it, processing all of a person’s information for one year in a month (at best and a couple of weeks at worst), there is a lot work involved.  That’s where you cost come in for tax preparation. …

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GUESSTIMATIONS? NOT FOR YOUR BUSINESS….RIGHT?

October 9, 2017
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Guesstimations with your Business Finances? Every time I hear a business owner say the words, “I pretty much know that the entrepreneur is doing everything.  He or she is the owner, the sales person, the receptionist and the bookkeeper.  There is no way this can last.  The initial thought is saving money but time is money and where there is a lost or misuse of time so too is there a lost and misuse or abuse of finances.  The…

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MONEY & BUSINESS MATTERS, HOW DO YOU HANDLE IT?

October 2, 2017
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It’s all about the handling of money.  That’s the difference in a successful business and a non-successful business.  We learn how to handle money personally based on the way we grow up.  The value we place on money, the way we invest it, distribute it or spend it is based on the culture that we have been raised.  The things one values as successful or important is based on our culture whether one pursues material things or invest finances,…

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