Bookkeeper vs. CPA: Why You Need Both

Bookkeeper vs. CPA: Why You Need Both

Bookkeepers and CPAs are two distinct professionals, each of whom plays a critical role in the financial management of any business. Bookkeepers are responsible for the day-to-day tasks associated with maintaining accurate financial reports such as accounts payable/receivable, payroll, and bank reconciliations. On the other hand, Certified Public Accountants (CPAs) provide more specialized services such…

Keys to Success: Qualifications of a Good Bookkeeper

Keys to Success: Qualifications of a Good Bookkeeper

  Running a successful business requires tedious and meticulous bookkeeping, making it essential to find the right qualified bookkeeper. Without a professional bookkeeper, businesses risk inaccurate record-keeping, mismanagement of funds, disastrous audits, and severe legal consequences. Finding an experienced and knowledgeable bookkeeper is essential for any business to reach its fullest potential and remain compliant…

The Guide To Cash On Hand – Here’s What You Need To Know

The Guide To Cash On Hand – Here’s What You Need To Know

As the economy continues to be uncertain, it’s more important than ever to have a good amount of cash on hand. Many experts are now recommending that individuals and businesses should aim for 6-12 months of expenses in liquid assets in a savings account or money market account in order to protect themselves from economic…

The Benefits Of Outsourcing Your Business’ Accounting

The Benefits Of Outsourcing Your Business’ Accounting

Managing a company can feel as if you’re fighting to keep your head above water. From organizing the marketing team to shareholder management, there is a lot to do and often not enough time. But one area of business that should never be neglected is accounting. Accounting can be a complex process that requires expensive…