Accounting Solutions

“A budget is telling your money where to go instead of wondering where it went.” Dave Ramsey Attitudes toward budgeting can span from inspired and motivated to disinterested and obligated. Creating a budget involves using your crystal ball; assumptions made […]

Business owners know their accounting software provides historic numbers on reports called balance sheets, and profit and loss or income statements. These reports are used to: Prepare tax returns Satisfy requests from bankers File sales tax returns File 1099 information […]

The Reports menu in QuickBooks Desktop speaks to the software’s robust reporting capabilities. A brief scan presents nearly endless opportunities to track every piece of your business. However, as a ProAdvisor, I realize the same menu can also be a […]

Internal controls are vital to help an entity operate effectively and efficiently, while also mitigating the risk of fraud and detecting errors or irregularities. Many small entities face the challenge of having strong and sound internal controls within their organization […]

Have you ever thought that there might be a better way to do some of the day-to-day accounting in your business? If you haven’t started using some of the many tools available to automate accounting, then there definitely IS an […]

Hiring in today’s climate is difficult, and many small businesses are not confident doing their own accounting. More and more owners are finding that outsourcing is the best answer for their business for a number of reasons. Refocusing strengths Wearing […]

You just signed the e-file authorization form, and your CPA has electronically filed your business tax return. Wait –  you’re not done yet! After your tax return has been filed you have one more job to do: record year-end adjusting […]

Cash management affects just about every piece of how a business operates. Accountants have long proclaimed that “cash is king,” after all. While small business owners may not think of cash quite so regally, they do often ask a very […]

We would all love to be our own boss, right?  While it may sound great, keep in mind that doing so can introduce a lot of complexity to your tax situation. We hear questions from clients on this all the […]