Financial Consultants: Bookkeeping vs. Accounting: Why You Should Care
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, Accounts Receivable, and Payroll. Think of bookkeeping as the foundation of your financial data. What is Accounting? Accounting is the setting up of the Bookkeeping system, monitoring the system that […]
Changing Bookkeeping Services Like You Change Your Underwear
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 information I need quickly enough. Bookkeepers are the same, they don’t understand what I want. The story I hear most often from frustrated business owners. “I hired a new bookkeeper […]
CFO For Hire: Please Turn Down The “Financial Noise”!
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 how much we need? I did for myself to cancel a few magazine subscriptions that I never make the time to read. I say “make” the time because if I […]