It’s that time of the year when you have to compile your financial business information, look back at the numbers, make reports, and close your books for 2019. End of the year planning is a hectic time for any business, so here is a checklist of important items to ensure you’re closing your books correctly [...]
Joining a non-profit board has introduced us to new resources to better serve our clients' and our community's needs. It is no secret we enjoy serving and helping others find resources they may not have known existed. This is why, almost two years ago, when an opportunity to be a member of a non-profit board [...]
Accounting can make or break your business. Here are the top Orlando bookkeeping mistakes to avoid in order to grow your business. Bookkeeping can seem unimportant, however, it's one of your biggest secret weapons when it comes to small business profitability and growth. With the consistent and accurate account of your company’s financials, you can [...]
In order to keep your financials organized and your company profitable, hiring an Orlando business bookkeeping service is the way to go and here’s why. What Does A Bookkeeper Do? The primary function of a bookkeeper is to maintain the financial records of your company. They do this by reviewing, categorizing and reconciling the bank and [...]
A lot of decisions are powered by their impact on the bottom line. So, it’s very important to have up-to-date accurate financial records that support your decisions. In order to have accurate financial records you might consider outsourcing your bookkeeping. Here are three sources that may be available to you and the advantages and disadvantages of each.
All Sales Are Not Created Equal. Are you one of the many business owners who, the minute the monthly sales cycle closes, goes straight to the total sales number? If it’s higher than the previous month do you do the happy dance? If it’s lower, do you look for the nearest window ledge to jump from? If so, you are not alone! But your sales are comprised of more than just a single static total on a graph or report. They are made up of layers and complex relationships with other parts of your business. Let’s look at those layers and complex relationships: 4 Key Indicators to know about your sales.
Maybe your current accounting software has limitations and you can’t track those crucial numbers and you are looking to make a change. The last thing any of us wants to do is sit through demo after demo trying to choose the accounting software that works best for our business and then deal with implementing it. Here are 3 ways to help you navigate the process.
One of the unique things about being in our profession is we get to see what is going on across a variety of businesses, which also means we get to see recurring bookkeeping mistakes. At KEM, our goal is to empower the business owner and sometimes that means we need to teach them what NOT to do. Here are the top three recurring bookkeeping mistakes you want to avoid before they become costly errors.
How Often Do You Hear Yourself Saying “I Wish I Could Make My Business Tax Prep Easier”? Let’s face it, most business owners loathe managing their taxes. While we can’t eliminate all the pain, there are some things you can do to make it easier.
It’s been an exciting year at KEM! In case you missed it, here are some of the highlights. Evelyn Hall joined our team in January 2018 as a staff accountant. Many of you may have already met and talked with her. She moved to our great state from Connecticut, where she worked for ESPN, which [...]