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Know Your Bookkeeper’s Qualifications Know Your Bookkeeper’s Qualifications – Although a bookkeeper is not required to be licensed, many bookkeepers do have some type of official certification. Each bookkeeping certificate verifies the certificate holder’s knowledge and expertise in one or more specific areas of bookkeeping as well as identifying the required continuing education requirements and
New Focus on Fixed Asset Retirement – Keeping up with fixed asset depreciation and retirement is a bookkeeping function that is often overlooked, especially in companies that are too small to have a designated fixed asset manager. However, in light of new tax legislation that went into effect on January 1, 2014, fixed asset
Bookkeeping Essentials 101 – The Importance of Good Bookkeeping – A precise and expeditious bookkeeping system is one of the most important operating components of any small business. Accurate and current financial records make it possible for a business to assess its profitability and develop long range financial goals. They are an essential precursor to
How to Select Bookkeeping Services: The bookkeeping functions of a small business are a key component of the company’s long term success. Although the outsourcing of bookkeeping services has many advantages, both financial and otherwise, the fact that they are so important to a company’s growth and profitability makes selection of a bookkeeping
Payroll Services are the Employer’s Responsibility – Although an outside payroll services provider can administer company payroll, make payroll tax payments, manage employee benefits, submit payroll tax returns and prepare payroll tax reports, the ultimate responsibility for preforming all of these functions lies with the employer. For this reason, selection of an outside payroll services