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Account reconciliation is one of the least understood and most important parts of financial record keeping. Basically, reconciling is comparing your records to your bank statements and noting any discrepancies. Why should you do it? Reconciling your books regularly is a lot like cleaning your house regularly. If you clean your house on a regular […]
Preparing for the start of a new year presents particular challenges this December. How do you make plans when the world is facing something that literally has not happened before? Well, to start with, you have to think about it differently than you did in previous years. Ordinarily I’d advise you to look at this […]
Now is the time of year to be thinking about wrapping things up for 2020 and looking ahead to preparing for 2021. As with everything else about 2020, this end-of-the-year advice will look a little different. PPP Loans If you have a Payroll Protection Program (PPP) loan as part of the CARES act, be sure […]