As promised, let’s continue the modified cash basis conversation that we started over here in the Accounts Receivable 101 convo…
If you want a better picture than a cash-basis** financial statement can give, in additional to tracking what your customers owe you (accounts receivable), you should track what you owe your vendors and suppliers (accounts payable).
Want to get a better handle on your business’ cashflow? Here are the basics of invoicing and accounts receivable for the non-accountant (and newbie bookkeeper).
I see it all the time. New business owners want to get paid so desperately that they don’t set up a proper invoicing and income tracking system… namely “accounts receivable”. (more…)
Hiring someone to help you in your business is a big step.
Having that person work virtually, most definitely adds another layer of “caution” or “concern” for most…an additional layer of “worry” on top of the bundle of nerves.
But it doesn’t have to be like that.
Here are a few things to consider when hiring virtual assistance, more specifically, when hiring a virtual accountant.
Studies show that stress is a killer.
Finding work life balance can be hard.
When you start a business, stress is inevitable… right? (more…)
Goals and budgets are important.
I don’t know about you but several times a year, every quarter or so, I begin to contemplate successes, learning lessons and bends in the road…and start thinking about and planning for what’s next for me and my business.
(more…)
