All tagged Bookkeeping

Time & Money: Working Hand-in-Hand to Save You Both in Bookkeeping

Were you a procrastinator as a kid? Did your teachers let you have "one more day" to get your assignments turned in? Did your folks let you pay later for treats now? As a business owner, delays can cost money.  If the delays are tax-related, they can cause penalties. One of our goals is to help you avoid unnecessary fines, fees, and penalties.

Our HR Biz bookkeeping team works with 150+ clients with varying levels of frequency. Some meet with us a few times per year to…

Minding Your P's & Q's in Bookkeeping - 8 Handy Points

“It’s tough being a stickler for punctuation these days. One almost dare not get up in the mornings.” So says Lynn Truss, in her humorously informative book, Eats Shoots & Leaves: The Zero Tolerance Approach to Punctuation. Here at HR Business Solutions, we’re sticklers for tidy books, which is why we get excited about bookkeeping clients asking us to go through and make sure everything is correct (or that it gets corrected!).

If you’ve ever said to yourself, “I hate the details – but I know more or less what’s been done in my bank account this month” then we’d love to put all the P’s and Q’s in order for you so you’ll have an accurate picture of “the big picture.”

Here’s why meticulous bookkeeping is so important:

Statement Reconciliation Tips & Staying Organized - Remembering the Little Things

Did you run out of money before you ran out of month? On your credit card statements, were there unexplained charges for a “free” service after you signed up?

We frequently consult with prospective clients who’ve reached the end of their patience with bookkeeping. They discover that little things do add up, but they just can’t remember what the little things were till they try to reconcile at the end of the month.

Here are various places where you can start looking for missed items:

Don't Let Your Finances Lurch When You Launch! A Handy Start-up Checklist for Bookkeeping

Do you have a list of organizational priorities for your company’s finances? Or do you find the money side to be intimidating? Are you feeling overwhelmed? We’d like to help! Here are several recommendations to get you started:

Look before you leap. Make a budget or a forecast – This can be done in QuickBooks or in a simple spreadsheet.   As you reflect back on the past year, consider what you have been doing well and where your company needs work or should go in a new direction.