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Is Convenient and Easy Making a Muddle of Your Business Bookkeeping?

Posted by Elaine on April 24, 2018

Is your business going paper-free or at least relatively paper-free? While the idea sounds terrific, it can create a mess if you still operate your business bookkeeping systems like you did 30 years ago. If you are fighting a muddle of chaos, chances are that you don’t have a clear updated process in place, and that can do nothing but aggravate and stall your progress. (more…)

Tags: accounting, bookkeeper, bookkeeping, business expenses, cash flow, Grace Walker, Indiana, small business, Teresa Ray, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business

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3 Reasons Why an Emergency Fund Is a Necessity for Your Business

Posted by Ariane on April 18, 2018

Most financial advisors tell people they need to have an emergency fund to cover unforeseen financial issues; job loss, medical expenses, or home repairs, that may occur in their lives. The same can be said for businesses, too. (more…)

Tags: accounting, bookkeeper, bookkeeping, business expenses, cash flow, Grace Walker, Indiana, small business, Teresa Ray, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business

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Why Small Businesses Lose at Tax Time

Posted by Elaine on August 16, 2016

It’s just a couple of bucks … That’s what busy small business owners say to themselves all the time when they stop to pick up envelopes or paper for their office. But it’s that mindset – and the lack of accounting that can be a big cost to their business in the end. While the expenses might not add up to be more than $50 or $100 a month, that can be $600 to $1,200 a year! And the cost … (more…)

Tags: accounting, benefits of outsourcing, bookkeeper, bookkeeping, business expenses, expenses, small business, small business accounting, The Payroll Department

Posted in: Bookkeeping and Accounting

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Get Your Expenses and Receipts Under Control

Posted by Ariane on July 19, 2016

Are you a solopreneur? How do you handle keeping track of your expenses and receipts? Do you just throw your receipts into a big box to handle at a later time? Maybe you tell yourself that you’ll make time to scan your receipts and input your expenses on a monthly basis. But you know what ends up happening. Just like every other small business owner, you get too busy, and the task just continues to accumulate until tax time comes along and you scramble to get everything organized. So stop putting yourself through this added stress by hiring a bookkeeper. (more…)

Tags: bookkeeper, bookkeeping, Bookkeeping Department, business expenses, expenses, receipts, recording receipts, small business owners, The Payroll Department, tracking expenses

Posted in: Bookkeeping and Accounting, Operating a Small Business

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Business Credit Card Use Makes Recordkeeping Easier

Posted by Ariane on November 26, 2013

If you have a small business, you may be wondering if you should have a credit card for your business. The answer to that is “Yes!”

A credit card can be a great benefit for entreprenuers. It can enable your business to build its credit standing, which can be useful when obtaining loans for future expansion and growth. Also, it provides a source of quick capital and makes it easier to manage business transactions.

Let’s say you’re at work running your business and the need for a calculator comes up. You run to the store to purchase it. What are you going to use to purchase it? Cash? A credit card? (more…)

Tags: Brownsburg, business, business accounting, business credit card, business expenses, Indiana, The Payroll Department

Posted in: Bookkeeping and Accounting, Operating a Small Business, Payroll

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