In the News
The New Faces at Automated Accounting Services and Accounting For Green
Here we grow. Over the last 24 months, we’ve focused heavily on the green — your green. After all, we’re on a mission to help as many businesses — like yours — as possible develop a deep understanding of your finances so you can make the best possible financial decisions.
So we’d like to thank you for trusting our team to help you grow. That trust — coupled with your referrals — is helping our team offer even more services to you as we grow too.
So your state is legalizing marijuana...how can you prepare?
HOORAY, your state just announced it’s ready to take the leap and join the growing list of states who have legalized cannabis! Now is the perfect opportunity for someone like yourself, who has toyed with the idea of opening a dispensary, starting a grow operation, or creating cannabis-based products, to make their dream a reality.
So You Filed an Extension…Now What?
With tax season almost at its end, there is one thing that’s on many business owners’ minds – filing an extension. And while filing an extension might seem like your saving grace in the moment, no one wants to file an extension and then have tax season hanging over them for another six months or more.
The Importance of Cash Handling Procedures
In an age of credit card chips and tap to pay, cold hard cash is not used the same way as before. Your customers have often paid for their purchase with a plastic card or an aluminum phone.
But, that doesn’t mean that cash has become an obsolete form of payment.
Friday Night Live for Accountants
Last week, I was thrilled to be invited onto Friday Night Live for Accountants!
If you’re not familiar with it, the name says it all! It’s a live broadcast Friday nights where a guest financial professional joins to share their perspective on the accounting industry.
Sign of the Times: Inventory Forecasting in 2022 and Beyond
If one thing has defined business in the past 24 months, it’s supply chain issues. Businesses across just about every industry have felt the impact of the pandemic in their supply chain. As some struggle to keep up with the product demand, others have an overflow of inventory with limited shipping containers to get items to their destination: the consumer.
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.
How Your Bookkeeper Can Help You Prepare For Tax Season
Are you ready for tax season?
That’s right. We’re right around the corner from the wildest, craziest time of the fiscal year. Need help to remain sane as you prepare for what’s coming?
Look no further than the sanity-yielding magic of an experienced bookkeeper.
What The Heck Is A Fractional CFO?
When cash flow is poor, growth has plateaued, and you're frustrated about your financial goals … if only you had a trusted partner with the financial know-how to give you advice.
The good news is that no matter the size of your company, there are accounting professionals out there who do exactly this — we’re called Fractional CFOs.
Touchless Automation: How Cannabis Operations Are Joining The Latest Tech Wave
Is the cannabis industry growing as fast as technology is advancing? In today’s world, that’s hard to say — but this much is clear — cannabis and tech are joining forces like never before.
FYLE Article: Scaling your team: How hiring outside Bookkeeping Services builds profit
Fyle featured an article I wrote about outsourcing your bookkeeping services and how it can build profit in your business.
CPA Practice Advisor Article: The Main Difference Between Cannabis Clients And Regular Businesses
CPA Practice Advisor recently featured an article I wrote about the differences between cannabis clients and regular businesses.
Your cannabis clients are on a unique path. Since marijuana has been largely illegal in recent history, there’s no tried-and-true business blueprint cannapreneurs can follow when it comes to growing and selling marijuana.
How Investing In A Cannabis POS And Inventory Management System Protects Your Business
Have you invested in a cannabis point-of-sale (POS) system yet?
When it comes to security for your cannabis business, it’s not just about protecting your physical product from outsiders. You also need to stop yourself from inadvertently breaking state and federal rules.
Before the cannabis industry started taking off, compliance and quality issues were virtually non-existent. Lab testing wasn’t even required!
Firm of the Future Article: How QuickBooks Time can help you increase billable time by 11% (or more!)
I talk with other accountants and business owners about the best ways to track employees’ time. These can be huge concerns for my clients and it’s why I use QuickBooks® Time, as well as always recommend the app to clients who need timekeeping support.
Monique Swansen Named Top 100 ProAdvisor for 2021
Monique Swansen, founder and CEO of Automated Accounting Services and Accounting for Green has been named a 2021 Top 100 ProAdvisor by Insightful Accountant, an independent news and information source written specifically for the small business advisor to keep up with current technology, trends in the industry and continuing their education.
Accounting Services You Need As A Cannabis Business Owner
Are you a cannabis business owner who still has a lot of questions, especially pertaining to finances and running your business? Don’t worry — you’re not alone. The cannabis industry is still budding, and you are, too.
Whether you’re already in the game or just starting out, questions are normal and even expected with ongoing changes in the law and a widening societal acceptance of cannabis.
CPA Practice Advisor Article: Cannabis Accounting: What Your Clients Need to Know
CPA Practice Advisor recently featured an article I wrote about Cannabis Accounting and What your clients need to know.
How do you navigate accounting questions from cannabis business owners? There’s no blueprint… or is there?
5 Fatal Mistakes You Might Be Making As A Cannabis Business Owner
Is your cannabis business moving towards growth or total failure?
Growth or failure in your new cannabusiness all depends on how you start it, run it, and the attitude with which you do both.
Have you laid the proper groundwork to acquire and keep a license? Do you check the latest cannabis-related news at least monthly, if not weekly?
How To Find The Right Bookkeeping Services For Your Business
As your business grows, you eventually arrive at a point where you need professional accounting and bookkeeping services to ensure your finances are in order so that you continue to build profit, pay fair wages, and avoid penalties.
You may have an in-house bookkeeper already — many businesses do. Perhaps it’s dawning on you that you’re not getting what you truly want out of your current arrangement as it relates to financial growth.
Vote for the Top 100 ProAdvisors of 2021
Clients, friends, and family, I would truly appreciate your vote to be an Insightful Accountant Top 100 ProAdvisor again this year.
It has been a huge honor to be named to this prestigious list over the last several years, and I truly appreciate your help today!