If you run a nonprofit, you already know that donations and grants are your bread and butter. You also know just how complicated tracking donations can be. Nonprofit organizations are required to know how to track charitable donations they receive and supply donors with the proper documentation for the donations they’ve made. Read on to […]
Read More The Gift That Keeps on Giving: How to Track Donations You ReceiveRecordkeeping Articles
Recordkeeping - Tips, Training, and News
How Long to Keep Tax Returns for Your Business
March 8, 2022As a business owner, there are many documents you need to keep track of for your company. Employee paperwork, bills, invoices, etc., are all essential documents to store in your records. Keeping records isn’t just a good business practice, either. There are specific IRS recordkeeping requirements you must follow. One of those requirements is maintaining […]
Read More How Long to Keep Tax Returns for Your Business
What Is a Fiscal Quarter?
February 1, 2022Your business’s fiscal quarter plays a role when it comes to things like taxes and finances. But, what is a fiscal quarter? Learn all about fiscal quarters and how to use them in accounting and business.
Read More What Is a Fiscal Quarter?
Why Is Bookkeeping Important for Small Business?
January 11, 2022Small business owners have a lot on their plates. That’s why it can be a little scary to realize that bookkeeping is yet another task you have to complete to keep your business running. After all, why can’t you skip it altogether and pass it on to an accountant? Well, there are a few reasons […]
Read More Why Is Bookkeeping Important for Small Business?
6 Business Records to Track as an Entrepreneur
October 28, 2021As a business owner, there are a lot of things to pay attention to when running your company. Payroll, hiring, bookkeeping … the list goes on and on. And, that list includes monitoring all of your business records. So, what are the most important business records to track?
Read More 6 Business Records to Track as an Entrepreneur
13 Accounting Periods … What’s the Deal?
May 4, 2021As a business owner, a big part of your job is handling accounting tasks. Part of your accounting responsibilities is looking at accounting periods and analyzing reports and other financial information. Many businesses use monthly accounting periods. However, some companies may opt to take advantage of 13 accounting periods instead. So, what is this 13th […]
Read More 13 Accounting Periods … What’s the Deal?
Cashing in on Crypto: Your Guide to Crypto Payments and Accounting
April 13, 2021The digital world is changing a lot. So, you’re probably wondering how to change with it, especially when it comes to your business. And, that may make you think about the latest buzz in finance: cryptocurrency.
Read More Cashing in on Crypto: Your Guide to Crypto Payments and Accounting
What Is a Check Register, and How Can It Help You Organize Business Transactions?
September 24, 2020As a small business owner, you know how important it is to keep track of your company’s finances. But, sometimes your business bank statement is not up-to-date with the most current information. For an up-to-date picture of your transactions, you can use a check register. So, what is a check register?
Read More What Is a Check Register, and How Can It Help You Organize Business Transactions?
7 Bookkeeping Tips for Small Businesses
April 10, 2020As a business owner, you’re responsible for staying on top of your business’s books. If you have up-to-date and accurate accounting records, your company will be on the road to success. But if you fail to focus on your accounting tasks, your business can quickly sink before it has the chance to grow. To help […]
Read More 7 Bookkeeping Tips for Small Businesses