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Avoid These Costly, Yet Common Small Business Bookkeeping Mistakes

Remote Quality Bookkeeping

And while it may feel manageable at first, handling small business bookkeeping without the right system or experience can quickly lead to costly missteps. Even small bookkeeping mistakes can snowball into inaccurate reporting, compliance issues, and cash flow problems. Call us at (866) 567-4258 or contact us online.

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Bookkeeping Basics for Small Business: What Every Owner Should Know

Remote Quality Bookkeeping

Even though a basic understanding of financial management may bring an entrepreneur through the first stages of business development, a comprehensive understanding is eventually required. In the content below, we seek to provide a helpful small business bookkeeping guide for startups looking to pave the way to long-term success.

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The Art of Client Onboarding Bookkeeping Clients: How to Set The Stage for Great Client Relationships Through Carefully Crafted Emails.

LedgerDocs

I am reaching out to officially welcome you to [Bookkeeper’s Company Name]. We are excited to have the opportunity to help you with your businessbookkeeping needs. I will be your main point of contact for your bookkeeping as we move forward. Hi [Client’s Name] , I hope you are doing well!

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The Ultimate Guide to CPA Jobs: Everything You Need to Know

Intuit

CPA Job Description CPAs are responsible for helping businesses and individuals assess their finances and improve their overall financial health. CPAs work closely with clients to review financial statements and perform audits to ensure compliance. Want to Run Your Own Business but Don’t Know Where to Start?

CPA 130
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What Does a Bookkeeper Do?

Billah and Associates

Record and pay bills on time An efficient bookkeeper does know the importance of maintaining the record of your business cash flow especially for start-ups and small businesses. Some provinces also offer you an incentive to file your PST which can really add up.

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My scariest QuickBooks cleanup horror stories

5 Minute Bookkeeping

She actually had about six QuickBooks files in which she shuffled transactions around so that the business owners never really had any clarity into what was going on with the books. We learned that she was photoshopping the bank statements and giving the accountants falsified bank statements as well as falsified financial records.

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GAAP: A Comprehensive Guide

Remote Quality Bookkeeping

If you’re a small business owner or entrepreneur, you’ve probably heard of GAAP, the Generally Accepted Accounting Principles. This set of accounting principles provides standard rules and methods for businesses to collect and report financial information. GAAP standards evolve, with the FASB regularly issuing updates.