The pandemic has changed many of the types of business success stories. For example, one local restaurant saw their business traffic fall to nearly nothing in the face of pandemic shutdowns. Instead of closing the business, the restaurant switched to carryout and delivery of food and liquor, and thrived. Your business has managed to thrive…
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You’ve got a great bookkeeper. They are organized, detail-oriented and understand the basic concepts of accounting. They keep your books in order, perform analyses and balances, and can handle even the most complex of tasks. They are the perfect business partner, and they are great at what they do. However, are they doing everything they…
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The accounting equation is the most important piece of information any accountant can learn. Anyone starting out in the field of accounting or wants to just better understand the account equation should take time and learn the equation. It really a very simple formula. Assets = Liabilities + Equity This straightforward equation on a company…
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Whether you are a new winery business owner, or you have been making wine for generations, when it comes to wine, you’re the expert. You know all about selecting the right barrel for aging and how to create a perfect label. When it comes to finances for your winery, you’re not quite as certain. This…
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QuickBooks Online is the software-as-a-service (SaaS) or cloud version of QuickBooks, one of the most well-known accounting tools available to businesses. QuickBooks has been around since the early 80s, but the online version was launched in 2001. As one of the most widely-used accounting tools, many businesses use QuickBooks on a daily basis. There are…
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Bookkeeping is a time-consuming skill, and not one you can neglect. In fact, over 40% of small businesses managers and owners say their bookkeeping tasks are often pushed into the background. This is understandable, because small business owners have so much on their plates. From a business perspective, however, you must keep up to date…
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