The Insider Scoop: A Day in the Life of an Outsourced Bookkeeper

Ever wondered who the silent superheroes are in the world of business? Meet the outsourced bookkeepers – the unsung heroes who keep businesses financially fit. Let’s take a behind-the-scenes tour to understand their daily hustle. Not Just Number Crunchers Outsourced bookkeepers are like the backstage crew of a rock concert. From tracking financial transactions and […]

Mastering Financial Analysis for Small Business Owners: A Comprehensive Guide

As a business owner, mastering your skills by learning how to analyze your business financial statements is crucial for making informed decisions and ensuring the long-term success of your business. This article follows on from our previous articles on: With the help of QuickBooks Online, a powerful accounting software, you can simplify your bookkeeping tasks and […]

Bookkeeping Ethics and the Importance of Outsourced Bookkeepers for Business Owners

Bookkeeping ethics are crucial for maintaining the integrity and transparency of financial records within an organization. Business owners face the challenge of ensuring ethical practices in bookkeeping while focusing on core business operations.  Ethics need to be maintained from the software itself to the people doing the actual work. In this blog post, we will […]

Navigating QuickBooks: Choosing the Right Edition for Your Business

As a business owner, choosing the right accounting software can be a daunting task. With so many options available, it’s important to understand the features and benefits of each one to determine which is the best fit for your business. Significantly, QuickBooks is a popular choice for many small to medium-sized businesses, offering a range […]

Comparing Clover, Stripe, and Square. Which is right for your business?

The plain-language Payment Processing review for Retail and E-commerce Businesses comparing Clover, Stripe and Square. As a business owner, choosing the right payment processing tools is crucial for your retail store or e-commerce website. Firstly, a payment processing engine is essential for businesses to accept and manage transactions efficiently. It streamlines the checkout experience for […]

Simplifying Customer Deposits in QuickBooks Online

Managing customer deposits effectively is crucial for businesses that receive advance payments or deposits. Furthermore, QuickBooks Online offers powerful features to simplify this process, but it’s important to understand why deposits are not considered income and be aware of the tax implications. Additionally, outsourcing bookkeeping tasks can provide valuable expertise and support. In this comprehensive […]

Unleashing the Power of QuickBooks Online Plus & Advanced: Harnessing Classes, Properties, Locations, and Projects

A comprehensive guide to using Classes, Properties, Locations, and Projects in QuickBooks Online Pro or Advanced, complete with real business examples and expert advice on utilizing an outsourced bookkeeper. As a business owner or manager, you probably know the importance of keeping accurate financial records. QuickBooks Online Plus and QuickBooks Online Advanced are cloud-based accounting software […]

5 common bookkeeping mistakes small businesses make

Running a small business can be both rewarding and challenging. One of the most important aspects of running a successful business is proper bookkeeping. Unfortunately, many small business owners make 5 common bookkeeping mistakes that can lead to serious financial problems. In this article, we will discuss some common mistakes that small businesses make and […]

Demystifying the Chart of Accounts

The Chart of Accounts (CoA) is an essential tool for any business owner, accountant, or bookkeeper, and demystifying the Chart of Accounts is important for business success. The CoA is a comprehensive list of all the financial transactions that a business has made and provides a framework for organizing financial information. Despite its importance, many […]