What is Bookkeeping? Bookkeeping is the recording of daily transactions that cyclically follow a defined process. Bookkeeping breaks down into parts such as Accounts Payable,
Have you said of these things before? I’ve changed bookkeepers five times in the last few years. I just can’t seem to get the financial
Three Sections of the Cash Flow Statement Before we discuss the purpose of a cash flow statement, let’s first talk about what it is. The
There are three major cash flow activities in each business. These consist of Operating, Financing, and Investing. You’ve heard these terms before, but you’re not
Most Common Cash Flow Mistakes Working with small businesses for the last 20 years has brought with it some exciting experiences. One of the most
Chief Financial Officer (CFO) For Hire! I’ve been thinking about all the noise and distractions we have in our lives. I have begun to question
Are we there yet? I read a post recently on my friend Jean Summit-Riker’s blog titled “Lighten Your Journey with Laughter,” where she has this
Lost Profits in Billing Processes My friend Susan Baylis at Medical Account Solutions lays out some essential points of lost profits in medical office billing
Ideas for a new product line A client called me with their ideas for a new product line along with the statement, “We are going
Every business owner must know their numbers. I know, I know you hate to look at the numbers. It’s boring. But really, is that an
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