In this fast-paced world, keeping track of your company’s finances is a 24/7 job. That important balance between paying attention to the business aspects and the people aspect can easily get lost in the mix. Hiring the right staff will bridge the gap and make it easier for you to run your business. Depending on…
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The cash basis of accounting is the method of recording revenue when cash is received and recording expenses when cash has been paid out. This method is easy and enables the business to legally manipulate taxable income. Paying less in taxes is as easy as spending more money. The cash basis is common for small…
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You may think reconciling your books is a tedious process, but it doesn’t have to be. In this blog post we’ll go over the steps needed to prepare a reconciliation and how you can streamline the process so that it’s as painless as possible. What is a general ledger account reconciliation? A reconciliation is…
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Protea Financial was founded in 2014 to provide high quality out-sourced accounting at an affordable price. Given Protea’s flexible work environment, the Company especially appealed to accountants who wanted to re-enter the work force after taking time off to start a family. This allowed Protea to attract extremely talented individuals who were overlooked. Over 80%…
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This is truly a surreal moment for us here at Protea Financial as we celebrate our seventh year in business. What started out as a mere extension of a business has since morphed and grown into something much bigger – the dream of better accounting for everyone. The partners and I here at Protea Financial…
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Protea Financial was founded in 2014 to provide high-quality out-sourced accounting at an affordable price. Given Protea’s flexible work environment, the Company especially appealed to accountants who wanted to re-enter the workforce after taking time off to start a family. This allowed Protea to attract extremely talented individuals who were overlooked. Over 80% of both…
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