Tag: accounting software
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Reconciling your bank account: what the point?
Why should you reconcile your bank accounts? In the accounting world, one of the main activities each month is reconciling bank accounts. The point of reconciling your bank accounts is to verify you’ve entered all the transactions listed on your bank statement correctly. It’s how you discover mistakes – yours or the bank.
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How I Use Automation in My Business
I’ve been asked to share how I automate some of my business processes. However, I will start by saying that what works for me, may not work for you. But I do hope you can apply my example to your own business situation. Remember, it’s all about choosing the right tools to best serve your…
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When to Set Up Accounting Software For Your Business
I am often asked when a business owner should set up accounting software for their new business. The short answer: the moment you decide to start a business. The moment you decide to start a business you start incurring expenses; web domains, business licensing, logo design, product development, legal fees, etc. These start-up expenses must…
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Budget is not a bad word
Just say the word “budget” and people change the subject. Their eyes glaze over. Budgets are useful for personal and business purposes and don’t have to be some giant detailed document that rules your life. It’s a guide; a plan; and it’s certainly not cast in stone. A budget reflects what you think/hope/want to happen.…
