In the News
Why Am I Seeing Profit But Have No Cash In My Bank Account?
Why am I seeing profit but have no cash in my bank account? If you find yourself asking this when you’re looking at your profit and loss statement, you’re not alone.
However, there’s no need to feel like you’re on the losing side of the equation.
Resolving this challenge means understanding the full picture of your financial standing across three key reports: balance sheets, cash flow statements, AND profit and loss.
Your Guide to Accounting For S-Corps
No more double-taxation for you! You’ve converted your business to an S-Corp and can now enjoy the benefits of being a “pass-through entity.”
The biggest wins for you? No more self employment taxes, your personal assets are protected thanks to limited liability, and you now have an array of accounting options in front of you.
Are You Ready For Your Next Capital Purchase?
When it comes to making spending decisions in your business, you want to be ready. Whether that’s purchasing a new building for your business, business equipment, or even a new vehicle — it can be intimidating.
How do you know that you’re investing wisely?
Cash Flow Forecasting: Why It’s Important and How Your Bookkeeper Can Help
Knowing your business inside and out is essential to continue being successful.
You likely already know what to expect in future profits and losses, as well as the margin you will make on the products and services you provide, but do you know how and when changes to your sales and business costs will affect your cash flow?