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Walnut Creek, CA
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Year: 2008

Hiring a Bookkeeper – Reason 8 | Balance Sheets and Profit and Loss Statements

Sat, December 27 2008 - 9:21 AM
A Balance Sheet tells the business financial situation. A balance sheet should reflect cash on hand for the business, all assets a business might have, all debits a business may have occurred, all captial investments and / or owners draws or dividens. A Profit and Loss statement reflects the current fiscal years income and expenses for the business. Thi…

Hiring a Bookkeeper – Reason 7 | Pays Your Bills On Time

Mon, December 22 2008 - 12:04 PM
Hiring a bookkeeper can produce an 'accounts payable' list that will allow you to see what the business debt is and which bills need immediate attention. A bookkeeper can use the accounts receivable list to help you set a paying schedule and keep that schedule. This affords you to continue to use your time as billable and not in the office working on pa…

Hiring a Bookkeeper Reason 6 | Invoices Clients In A Timely Manner

Wed, December 17 2008 - 11:59 AM
Hiring a bookkeeper gives your business the knowlede needed to develop a business accounting system that produce invoices accurately and in a timely manner. Most businesses get behind in office work and invoice don't get sent out and cause a low cash flow. In most cases, the business owner has to take a full working day or a weekend to catch up. Hiring a…

Hiring a Bookkeeper – Reason 5 | Your Accountant Recommends it!

Sun, December 7 2008 - 11:57 AM
When you are beginning your new company the best direction would be to hire a CPA and follow their advice. In most cases the recommendation will be hiring a bookkeeper to help you set up your quickbooks and to train you on how to keep good bookkeeping records. Most new owners feel overwhelemed with all the set-up cost and low income. Yet, following the CPA…

Hiring a Bookkeeper Reason 4 | Understanding the Fiscal Year

Tue, December 2 2008 - 11:57 AM
A fiscal year is a 12 month period of business, that your business has preformed. A standard fiscal year would be January through December. Exceptions to this would be filing dates of a Corporation. In some cases, the corporation fiscal year can be from the date of becoming a corporation. So if your corporation date was effective June 1st then your fi…

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