How to Choose: Cash Basis vs. Accrual Basis Accounting
Today we’re exploring the choice between cash basis and accrual basis accounting. We’ll talk about the differences between the two methods, how you choose between the two, and what the legal requirements are for each method. This is a decision that can significantly impact your financial reporting and tax obligations, so it’s important to understand…
Listen NowStrategies for Creating an Efficient and Compliant Travel Reimbursement Process
In this episode, we’ll be diving deep into the world of travel expense approval and reimbursement, exploring three powerful strategies to accelerate the process. YouTube: https://youtu.be/rsmtD2tayMI
Listen NowThe Accounting Shortage in Giant Companies and the Dire Consequences for Small Businesses
In this episode, we’ll explore a pressing issue that’s impacting businesses of all sizes—the shortage of skilled accountants. More specifically, we’ll focus on how this shortage is hitting small businesses even harder and how a solution like outsourced finance departments, such as Accountable Numbers, can help alleviate the problem. YouTube: https://www.youtube.com/watch?v=xW584SAwdpA
Listen NowWhat happens when you make serious errors on your tax returns?
In this episode, we will explore the consequences of making serious errors on your tax returns. YouTube: https://www.youtube.com/watch?v=CZbYkXrmkAM
Listen NowBookkeeping for Small Businesses Part 3: Setting Up Accounting Processes for your Business
This episode is part 3 of our series on Bookkeeping for Small Businesses and Startups. In this episode we will implement what we covered in parts 1 and 2 of this series, by discussing how to actually set up bookkeeping processes for your company. Watch on YouTube: https://youtu.be/lrWah9WwbsE
Listen Now