Having a Hard Time Financing Purchase Orders? Here’s What to Do

Imagine you’ve started a company that buys electronic devices overseas and resells them to retailers based in the United States. One morning, you wake up to an exciting email: a new customer wants to...

Cybercrime – An Insurance Primer for Accountants

Cybercrime Who's Next? An Insurance Primer for Accountants Despite the abundance of news, how-to tips and cautionary tales, cybercrime has infiltrated the local, regional and national business space, impacting accounting professionals with a special severity. The...

Desktop in the Cloud or Genuine Online: which QuickBooks version is right for your...

Small inventory-based businesses, whether in an early stage or already on a roll, are always on the lookout for a software system that can align their books and inventory management, streamline operations and make...

Forgotten or Not – Balance Sheet

The forgotten statement.. yes it is true there is a forgotten financial statement... the Balance Sheet. Everyone loves their Income Statement but no one ever looks at their Balance Sheet. Is it because you...

The Pros and Cons of SBA Loans in Today’s Difficult Political Climate

A relatively steady stock market and a stable economy have both continued to support growth in small business lending throughout the United States. This is good news for anyone in the market for an...

FASB offers consolidation relief to certain non-public business entities

Considering whether an entity’s business activities with a related entity should result in its consolidation of that related entity under ASC Topic 810, Consolidation (Topic 810), is a very challenging accounting determination for many...

How to Grow your Business with Trade Credit

It’s a tough reality for companies in the B2B sector that cash rarely exchanges hands at the point of sale. Today, 60 percent of small businesses extend net terms, whether it’s 30, 60, or...

To Income Statement or Not

I know…I know I can hear all of you saying it right now – It took you long enough! Yes it’s that time! It’s time to look at your Income Statement! Everyone is always so...

Invoice Factoring vs Invoice Financing: What You Need to Know

If you own a small business and have faced slow-paying customers or other cash flow gaps in the past, chances are that you’ve at least heard of invoice factoring or invoice financing. These two...

QuickBooks Online – Restricted User Payroll Permissions

In the past, there was no way to restrict QuickBooks Online users, including bookkeepers, from accessing payroll. This meant payroll details were available to be accessed, which potentially created liabilities for companies using QuickBooks...
Subscribe to RSS