by Denise W. Grove | Dec 19, 2019 | Accounting, Cool Tech Tools
If your eyes glaze over when you’re presented with financial statements for your business, you’re not alone. Many entrepreneurs benefit greatly when they can see their financial results in graphical and chart formats. Fathom is the perfect tool to help your numbers...
by Denise W. Grove | Nov 21, 2019 | Accounting, Bookkeeping Tips, Business Tips
A great way to make a wonderful start to 2020 is to wrap up 2019 feeling organized and on top of the world. Here’s a checklist of items that you can start on now to make your year-end close go smoother than ever before. And don’t worry if you don’t know how to do some...
by Denise W. Grove | Oct 24, 2019 | Accounting, Bookkeeping Tips
Custom fields in your accounting software are data fields that you can define yourself. They are typically associated with customers, vendors, employees, and items, and they can help you store and categorize additional information about these stakeholders and your...
by Denise W. Grove | Sep 26, 2019 | Accounting, Bookkeeping Tips
When you pay a bill in your business, are you 100 percent comfortable that the bill payment is correct and justified? Is there ever a chance that that bill is fake or fraudulent? What about duplicates? With so many fake bills being mailed to businesses these days, it...
by Denise W. Grove | Aug 1, 2019 | Accounting, Business Tips
Each month, your accounting system yields actionable information for you to run your business better. Here are some key reports that all business owners should review every month. Balance Sheet A quick review of the balance sheet can tell you the balances of your...
by Denise W. Grove | Jul 18, 2019 | Accounting
The account on your income statement called Cost of Goods Sold can be confusing to non-accountants. In this article, we’ll attempt to de-mystify it and explain how it works. Cost of Goods Sold is an account in your Chart of Accounts that is a very special type...
