What is an Accounts Receivable Aging Report?
What is an A/R Aging Report? Accounts Receivable (A/R) aging report is a financial management tool that tracks outstanding customer…
What is an Accounts Payable Aging Report?
What is an A/P Aging Report? An A/P aging report is a financial document that shows the outstanding invoices or…
What is a Credit Memo?
Credit Memos: What They Are and How to Use Them If you’re a business owner or a bookkeeper, you’ve probably…
How do you setup class tracking in QuickBooks?
When it comes to organizing business information, QuickBooks is a popular accounting software that provides efficient tools to help users…
Common Bookkeeping Challenges For Real Estate Businesses: Tips For Overcoming Them
For Real Estate businesses, Bookkeeping is an important part of running a successful operation. While it may seem straightforward, there…
Tips For Avoiding Common Bookkeeping Mistakes In Law Firms
Running a successful law firm involves a lot more than just providing legal services. You also have to manage the…
At what age should you start collecting social security – 62 or 70?
The decision to collect Social Security benefits is a complex one and depends on a variety of factors, including your…
What are the 7 deadly sins of bookkeeping?
Let’s face it. Bookkeeping is no fun for most business owners. It requires a lot of patience and effort. And,…
A Guide to Successful Financial Audit of Small Businesses
Audits provide invaluable information to a company. When the activity is carried out properly, it helps business owners to discover…
Internal Control for Effective Operations in Public Sector Companies
Internal controls are important for businesses to ensure efficient operations. Effective controls help organizations to achieve established goals. Control measures…
