by Rachel Leyland | May 13, 2025 | Uncategorized
Here’s how to check if your budget is still working and what to do if it’s not: Step 1: Look at your actual numbers Open your Profit & Loss report and compare the last 3–6 months of real data to what you originally planned for. For example, you might’ve budgeted...
by Rachel Leyland | Apr 29, 2025 | Uncategorized
If you’re looking to scale your business successfully, these key numbers will help you stay in control and make informed decisions. 1. Revenue vs. Profit More sales don’t always mean more profit. Track both to ensure you’re not growing at the expense of your bottom...
by Rachel Leyland | Apr 22, 2025 | Uncategorized
If you’ve ever found yourself saying: “My bookkeeper or accountant never explains anything to me.” “They filed an extension without telling me, even though I submitted everything on time.” “They don’t understand my industry.”...
by Rachel Leyland | Apr 15, 2025 | Uncategorized
The good news is that most fraud is preventable when you know what to look for and have the right controls in place. Warning Signs of Fraud in Your Business 1. Unexplained transactions or missing money that don’t match your records 2. Duplicate payments to suppliers...
by Rachel Leyland | Mar 31, 2025 | Uncategorized
Here are a few things you can automate: Invoices – Set up recurring invoices for regular clients. Bill Payments – Set up automatic payments for regular bills and subscriptions. Transfer Money Between Accounts – Set up automatic transfers to move funds between business...
by Rachel Leyland | Mar 24, 2025 | Uncategorized
Here’s a quick guide to the essential bookkeeping tasks you should tackle monthly to keep everything running smoothly and your finances in check: Make sure all your business transactions, including sales, expenses, and other activities, are accurately recorded....
