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 ... READ MORE >
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Best Financial Habits of Small Businesses
Some small businesses seem to have it all together—the entrepreneurial equivalent of the beautiful mom with the perfect kids. They have budgets, make profits, and know where every penny is—all of which helps them grow into big businesses. But how do they do it? How do they keep on top of their ... READ MORE >
Synching Income and Expenses in Your Budget
Unfortunately, most business expenses don’t conveniently spread themselves out evenly over twelve months. And income? Well, most businesses have seasonal variability so you earn more in some months than in others. Getting income and expenses to synch up is likely to be one of the biggest challenges ... READ MORE >