Reconciliation – did you cringe? Do you shudder at the thought? Account reconciliations don’t have to be that stressful. Although admittedly, to get to that point they are not stressful does take some prep work. Just like any job you have to have the proper...

So now we know… there are two kinds of financial statements…the one that everyone loves better known as the Income Statement and the one that no one ever really pays attention to better known as the Balance Sheet.  But we also now know that both...

  You have the good, the bad and the ugly with money! When it comes to your Accounts Payable and Accounts Receivables you never want them to be anything but good! And you really never want to them to be the bad or the ugly!! How does...

Uncertainty…Merriam-Webster defines it as lack of certainty: doubt. Something that is doubtful or unknown. Uncertainty…kind of sums up being self-employed? Uncertainty… the ups and the downs throughout the life of a business. We have learned in “Costs and Effects of Labor” that we as business owners...

If the leadership of a business is uninformed and fails to make proper decisions for the business the business will fail. Do you know how to insulate yourself and your business from making those mistakes? What part does your accounting practices play in this?...

Year end is defined as year’s end, the end of the calendar year. Translated for all of us business owners that means “YEAR END” – the end of the fiscal year – that is if your year runs from January 1st to December 31st.  “YEAR...

A journey is the act of traveling somewhere – as the adage says “life is a journey”. Being a business owner let’s take that to one step further – “business is a journey”. Business is always traveling – forward, backwards, sideways or maybe even upside down....

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