If you’re like most businesses, then there’s a good chance that you offer credit terms to some of your customers. This is known as your accounts receivable or AR as it represents the balance of money owed to a firm for goods delivered or services rendered but not yet...
For small business owners beginning to grow their enterprise, sometimes background work like bookkeeping may seem daunting at first with its many terms and facets. Even if you decide to hire a bookkeeper to help with accounting needs, it is still imperative that you...
Whether you use accounting software like Quickbooks, an Excel spreadsheet or your an old school ledger book, the ultimate goal of bookkeeping is to reconcile a trial balance. Said another way, the final total of debits and credits must match in order to complete the...
[vc_row][vc_column][vc_column_text]“Doing the books” is not something that comes naturally to most small business owners. However, it is one of those critical tasks that can make or break your business in the long run. If you don’t already have a robust system in...
Manually tracking employee hours is a time-consuming and inefficient process that can lead to costly errors. But what if there was a better solution that would improve efficiency, boost employee productivity and ensure compliance? Keep reading to learn the top five...
Starting your own business sounds like a path to freedom. Pursuing your passions, being your own boss, setting your own hours — does it get any better than that? Despite the rewards of owning a business, it’s not right for everyone. Not everyone can succeed in...
Completely eliminating paper in your small business may not always be practical but even a small reduction in paper usage could yield cost savings and boost productivity. Let’s take a look at the benefits of running a paperless office and our top 7 tips for going...
If you’re ready to spend less time running your business and more time growing your business, then it’s probably time to outsource your bookkeeping needs. Keep reading to learn the Top 7 Tips for getting started with outsourced bookkeeping for your small business....
Happy New Year from all of us at RQB! The start of a new year is the perfect time to reflect on the past - so you can make plans for the upcoming months. In order to have a thriving business, you need to constantly evaluate existing processes to see if any...
Getting your books in order is especially important as the year draws to an end. Organized books help small businesses feel confident and ready for new business opportunities in the new year. What tips do you need to know to properly get your books ready for 2022?...
There are many benefits that come from automating manual processes, such as the bookkeeping needs of your small business. Making the switch to automation saves time, eliminates human error and reduces cost. In addition, outsourcing your bookkeeping processes to...
As a small business owner, are you spending the majority your day running your business when you should be growing your business? When it comes to managing the books, you could consider bringing on a costly in-house bookkeeper to track your financials. Or, make the...
