Archive for June, 2016

Q & A and Tips on Accounting, Taxes and Personal Finance.
How to Increase the Value of Your Business

How to Increase the Value of Your Business

The value of a business is based on two factors: the expected future cash flow of the business and the risk that future cash flow will occur when and in the amounts expected. Reducing costs can help you increase cash flow and, as a result, the value of your business. What is future cash flow? […]

June 14, 2016 | By More
Cross-Reference Your Cash Receipts for Easier and More Accurate Bookkeeping

Cross-Reference Your Cash Receipts for Easier and More Accurate Bookkeeping

Reconciling your company bank statements does not have to be an onerous chore. Of course, it’s much easier to track customer payments by credit card or check, but what about reconciling your bank statements when it comes to cash receipts? By implementing a few steps into your bookkeeping process, you can make it much easier […]

June 14, 2016 | By More
Good Business Performance Starts with Good Record Keeping

Good Business Performance Starts with Good Record Keeping

Good financial record keeping is vital to the success of any business. Good records help plan for the future, prepare accurate financial statements and tax returns, and enable business owners to create sensible budgets and cash flow projections. How keeping good records is good business – Your bookkeeping records help you make smarter and well-informed […]

June 14, 2016 | By More