by Rachel Leyland | Dec 30, 2024 | Uncategorized
Here are some tips to help you get more out of your financial statements: 1. Regularly recording and reconciling transactions ensures your financial statements reflect the true state of your business. Consistency is key! 2. Break down revenue and expenses by category....
by Rachel Leyland | Dec 23, 2024 | Uncategorized
Here’s why making the switch could be one of the best decisions for your business: 1. Increased accuracy with automatic calculations and reduced human error. 2. Time savings through automation of tasks like invoicing, payroll, and reconciliations. 3. Real-time...
by Rachel Leyland | Dec 16, 2024 | Uncategorized
Here are some common big misconceptions: Myth #1: Bookkeeping is only important at tax time. Truth: Bookkeeping is crucial year-round. Keeping accurate financial records not only helps at tax time but also allows you to track cash flow, make informed decisions, and...
by Rachel Leyland | Dec 9, 2024 | Uncategorized
Here are some essential cybersecurity tips to help protect your business’s financial health: Avoid Sharing Sensitive Information via Email: Refrain from sharing sensitive financial information, like account numbers or passwords, through email. Instead, use secure...
by Rachel Leyland | Dec 2, 2024 | Uncategorized
Here are some quick tips to help you get back on track fast: Gather All Your Documents: Start by organising all your receipts, invoices, bank statements, and any other financial documents. Having everything in one place will make the catch-up process smoother....
by Rachel Leyland | Nov 26, 2024 | Uncategorized
Here are some common bookkeeping mistakes that could be costing you: Failing to Separate Personal and Business Expenses: Mixing personal and business expenses can complicate your bookkeeping and lead to tax issues. Misclassifying Expenses: Incorrect...
