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Tag: Bookkeeping

RECONCILIATIONS REVEAL

January 29, 2019
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Reconcile means to make (one account) consistent with another, especially by allowing for transactions begun but not yet completed.  It is a term used in accounting often. One of the best things bookkeeping will do for any entrepreneur or small business is to reconcile accounts.  The reconciliation process is intense and detailed.  Any flaw with a system or in payment distribution and/or receipt of payment will be found when an account is being reconciled!  There are times when a…

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SYSTEMS MATTER: YOUR LACK OF SYSTEMS IS KILLING YOUR CASH FLOW

January 25, 2019
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SYSTEMS! SYSTEMS! SYSTEMS! I cannot emphasize the importance of systems in a business! As an entrepreneur starting your own company, thinking about systems really isn’t the first thing on your mind but it should be!  Bookkeeping is systematic method for the recording of finances received and finances disbursed! It is also fundamental in creating systems for the entrepreneur, systems for billing, systems for receiving, setting cycles for payments.  A business that operates without systems is a business in chaos…

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YOU CAN’T DO BUSINESS WITHOUT BOOKKEEPING

January 7, 2019
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Better Books=Better Business I say this all the time, however, when I say it, I’m convinced that it may mean something to me, but maybe not to the business owners, I hope to reach. You can have a thriving business, but without good financial records it will not matter.  I’ve had tax clients that made literally over ½ million dollars in one year and have no business as at all the next year. It’s hard to imagine right? When…

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HANDLE YOUR BUSINESS PROFESSIONALLY

November 13, 2018
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It’s not just what kind of business you do; it’s how you handle it! There are a lot of hard-working people out here in America.  Some have multiple jobs or hustles, others working just one job and many are the entrepreneurs I meet daily and I’m encouraged by them all.  However, it’s not just about making an honest living but it’s also how you document that living and how you handle your business that counts as well. Managing a…

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HUMAN RESOURCES, A JOB WITHIN A JOB!

October 29, 2018
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HUMAN RESOURCES IS A BUSINESS WITHIN ITSELF People who do their job well make it look real easy.  I think on every level there is a misconception of duties, job expectations and the difficulty of the task completed.  Managers tend to feel and assume that workers are always goofing off, that for some reason all employees are lazy and require task masters to remain focus.  Employees think that most managers are ignorant, arrogant, self-absorbed, lazy, and do nothing.  WOW?…

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YOUR VISION WILL INSPIRE TO LEARN: FINANCIAL LITERACY – Another Level

October 19, 2018
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So the last time we discussed financial literacy we discussed having a vision.  I received a lot of questions concerning that article and I’m glad! #1 it means you’re listening and secondly, it provides opportunity for discussion.  Having a vision is the most powerful motivation one can have and believe it or not, everyone doesn’t have one!  To simply say, “I want enough money to pay my bills isn’t vision.”  That’s a goal and a very simple goal at…

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FINANCIAL LITERACY INCLUDES HAVING VISION!

October 15, 2018
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VISION IS CRUCIAL! FINANCIAL LITERACY INCLUDES HAVING VISION! “The only thing worse than being blind is having sight and no vision”.  ~Helen Keller   This quote is phenomal.  I heard it again the other week as my Pastor began his sermon and little did I know I would experience this quote to the fullest.  As an entrepreneur, I work primarily with other entrepreneurs.  To have the desire to start and operate your own business is not an easy task and…

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IMPROVE YOUR BUSINESS CASH FLOW

September 25, 2018
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BETTER BUSINESS BEGINS WITH BETTER BOOKS The hardest thing about what I do as a professional bookkeeper is educating clients on why bookkeeping is so important.  One of the things I stress is improving cash flow.  The flow of cash in and out of a business is critical to that business remaining IN BUSINESS or being in the black (profitable) and not bleeding out (being in the red or operating bankrupt).  You can have a business; it can operate but…

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TAX SEASON UPDATE, QUICK CHECK, GET YO BUSINESS IN ORDER!

September 20, 2018
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Some of you are still in tax season 2017, while others need to look, prepare and get ready for tax season 2018!   For those of you still scrambling to meet the tax deadline for October 15, CALL TODAY! You need bookkeeping services.  YEP, bookkeeping! It’s possible to earn enough money that you require another person to assist you with the management of it.  That’s called being successful!  Bookkeeping begins with the tedious journey of tracking expenditures, categorizing them but…

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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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