Tag Archives: accounts payable

What Am I Really Trying to Build—A Job or a Business?

Let me ask you something real: Are you building a job…or a business? And I don’t mean a 9-to-5 where you clock in and collect a paycheck. I’m talking about the kind of job where you’re the whole show. The sales team, the customer service rep, the bookkeeper, the janitor, and the one sending invoices […]

Why Quality Control in Bookkeeping Should Be One of the Most Valued Parts of Your Business

There’s a quiet power in doing things the right way—even when no one’s watching. When it comes to bookkeeping, that power shows up in what we call quality control. It’s not flashy. It’s not loud. And most of the time, if it’s working well, you don’t even notice it. But behind every clean report, accurate […]

Organizing The Chart Of Accounts – 6 Basic Tips

What is the chart of accounts inside QuickBooks? Why should it be organized? Does the chart matter?  The simple answer is that it completely matters, and organization is the key to using it effectively. The chart of accounts is a chart of categories and titles where money is organized into inside financial software. Without accurate […]

Cash Flow Basics

Cashflow basics for your small business.

4 Things That Affect Your Business’s Cash Flow 1.Accounts receivable Consider your accounts receivable process. Look at it from all angles. Let’s define accounts receivable to start. These numbers or total numbers are what is owed to you by all your customers or clients. This is money that you need to collect. They are open […]