Tag: small business bookkeeping

Q & A and Tips on Accounting, Taxes and Personal Finance.
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
How to prove business expenses

How to prove business expenses

All businesses must keep records in order to prove business expenses. Good records can help a business prepare its business tax returns as well as support items reported on the returns. All taxpayers must also keep business records for the IRS. To claim any deduction, a business owner (or taxpayer) must prove what the expenses […]

February 11, 2016 | By More