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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
12, April
2022

5 Accounting Pitfalls Small Businesses Should Avoid

You value your small business, but are you doing all you can to ensure its security? Unfortunately, even seemingly small accounting oversights can put your company in jeopardy. Keep your small business on solid ground by avoiding these common accounting pitfalls.

1. Disorganized Expense Records/Lost Receipts

Misplacing business expense receipts can cause accounting and tax issues. Even if it is a legitimate business expense, loss of a receipt can result in incorrect reporting and a tax penalty if you’re audited. The solution? Designate one debit or credit card for all business expenses, and use a mobile app to record purchases as they happen, such as Tallie.
7, April
2022
5, April
2022

What is a Virtual Bookkeeper and How Can One Help Your Business?

Hiring a bookkeeper can be a great way to make sure your company's accounting needs are being handled. But you might be.

31, March
2022

Cash Flow Basics For Your Company Explained

Cash is constantly moving in and out of businesses. For example, when a retailer purchases inventory, money flows out.

30, March
2022
22, March
2022
 
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