Separate Personal and Business Finances: Open a dedicated business bank account to track income and expenses separately from personal finances. Track Every Transaction: Keep a detailed record of all financial transactions, including sales, purchases, and expenses. Utilize accounting software or spreadsheets for accurate and organized tracking. Set Up a Budget: Create a budget to forecast […]
It’s not that common for churches to consider getting professional help for their bookkeeping, mainly because churches are often more focused on doing their ministry work rather than handling money matters. Understandably, heeding the higher calling of ministry is the purpose for building the church in the first place. But whether you pay attention to […]
Churches need accountants, too. They need to protect their tax-exempt status, file taxes, get financing for projects and charitable initiatives, keep track of incoming funds, pay workers and stay compliant with government regulations.
In today’s competitive world, the cost of outsourced accounting and bookkeeping has come down significantly, which makes it highly affordable for educational institutions to access.
The holiday season is just around the corner, meaning small businesses everywhere are a few months away from the busiest (and possibly most stressful) season of the year.
Project management software saw an especially rapid rise in usage during the Covid19 pandemic, when companies scrambled to build remote work setups and find ways to communicate with staff and team members non-physically.
Outsourcing manpower is a business strategy that has been around for decades. Successful businessmen and women know that outsourcing gives their business the efficiency and cost effectiveness to stay on top of competition.
Outsourcing offshore or in another country that’s not nearby may be all the rap these days when it comes to making your business run more efficiently & in the most cost-effective ways, especially since it helped so many businesses survive through the Covid19 pandemic.
Proper bookkeeping and accounting are crucial to your business. It helps you to know if you’re making a profit, or if you’re on track to do so.
Every year, as the calendar hits the month of August, you will surely hear or read stories about Ghost Month.