The start of a new year is an exciting time in the business world, with many people taking the leap towards self-employment. Existing businesses can also take this opportunity to plan out the year ahead, and try to improve on the year before. Nowโs the perfect time to draw up some goals for the year…
No matter how big or small your clientโs business is, effective budgeting can make or break it. Part of effective budgeting is not just setting an appropriate budget, but sticking to it. Thatโs where you as their accountant or bookkeeper come in….
The way businesses treat their customer’s data is almost always huge news. Mishandling customer information can seriously tar the reputation of a businesses and in some cases, lead to legal issues….
Bank reconciliation is an essential part of the bookkeeping process for any business. Itโs also time consuming, demands complete concentration to avoid mistakes, and honestly? Itโs really dull. Fortunately, times have changed. Out-of-date bank reconciliation checks can be replaced by a more efficient, automated process. In this article we explain why bank reconciliation was important,…
Billing clients for the work that you do sounds simple enough, but the reality can sometimes be a bit tricky. You might charge an hourly rate, a monthly fee, or a set amount per project. Then thereโs the question of when to actually invoice the client. Before getting started? Should you request a deposit first?…