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Salt Lake City Bookkeeping Blog

How Adjusting Entries Keep Your Accounts Accurate

Posted by Leanne Armstrong on Jul 3, 2018 9:00:00 AM

For accounting purposes, your business must record a journal transaction each time a financial event like a customer sale or purchase of supplies occurs. But unless your company qualifies for and uses a cash accounting bookkeeping system, adjusting entries will also be necessary to keep your accounting records accurate.

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Topics: Accrual Accounting, Journal Entries, Small Business Bookkeeper

Source Documents: What They Are and Why Your Bookkeeper Needs Them

Posted by Leanne Armstrong on May 30, 2018 9:00:00 AM

Source documents are any original financial records that serve as a paper trail to support your bookkeeping transactions. These documents may include – but are not limited to – company purchase orders, packing slips, and supplier invoices, cancelled checks, cash receipts, and employee time cards.

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Topics: Receipt Management, Bookkeeping Service, Small Business Bookkeeper

I Need A Better Bookkeeper

Posted by Matt Roberge on Mar 28, 2018 9:00:00 AM

I hear it all the time from new prospects of our bookkeeping service: "I need a better bookkeeper."

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Topics: Hire A Bookkeeper, Small Business Bookkeeper, Better Bookkeeping, Growth Coach

8 Qualities to Look for When Choosing Your Small Business Bookkeeper

Posted by Leanne Armstrong on Jun 13, 2017 9:15:00 AM

Choosing a professional bookkeeping service is one of the easiest ways to help your small business grow! Every company, regardless of size, must accurately track and report the money flowing in and out of its accounts by way of sales, expenses, and salaries, but many entrepreneurs lack the knowledge and experience necessary to make this happen.

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Topics: Small Business Bookkeeper, Outsourced Bookkeeping, Bookkeeping Service

How To Actually Keep Your Bookkeeping Updated This Year

Posted by Matt Roberge on Feb 11, 2016 8:00:00 AM

I know it is something that you promise yourself every January; this is the year you are going to get a handle on your bookkeeping. But the reality is that you are too busy to handle your bookkeeping, right? Not only that, but bookkeeping isn't really one of your strengths. You don't enjoy bookkeeping and don't see the value in it. But instead of getting help, you constantly slide your bookkeeping to the back burner until it is too late and you find yourself in the same situation each year. So this year, let's change it up and give you a way to actually keep your bookkeeping updated.

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Topics: Small Business Bookkeeper, Outsourced CFO Services, Outsourced Bookkeeping, Growth Coach

Help! My Small Business Bookkeeping Is Behind!

Posted by Matt Roberge on Jan 5, 2016 8:30:00 AM

If you are behind on your small business's bookkeeping, you are not alone. Who can blame you or any other business owners? Bookkeeping is not sexy, nor is it fun. Bookkeeping seems to be a hindrance for most small businesses. It is typically so far behind that it is useless to the business. Bookkeeping for those businesses is usually updated just once a year, an event that is done only to file taxes. However, there is a lot of value in your bookkeeping if you keep it updated and use it to help grow your business. If you are looking for help because your bookkeeping is always behind, here is how to keep it updated and use it to grow your business.

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Topics: Small Business Bookkeeper, Small Business Bookkeeping, Outsourced Bookkeeping, SLC Bookkeeping

5 Reasons You Are Losing Money If You Don't Have A Bookkeeper

Posted by Matt Roberge on Nov 10, 2015 7:00:00 AM

If you are looking for a good way to cut costs in your small business, then hiring a bookkeeper should be the first thing that you consider. Many business owners don’t realize how much money they are losing because they don’t have a good financial tracking system in place. In addition, a decent bookkeeper provides the foundation that you need to save money and improve cash flow.

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Topics: Small Business Bookkeeper, Bookkeeping Salt Lake City, Outsourced Bookkeeping, SLC Bookkeeping

5 Reasons Why Bookkeepers Are Great Small Business Consultants

Posted by Matt Roberge on Nov 5, 2015 7:00:00 AM

Your bookkeeper might be your best business consultant. While some associate the work of "bookkeeping" with low-level data entry, bookkeepers and accountants may be among the best undiscovered secret weapons in your business arsenal. Below are 5 reasons why bookkeepers are excellent small business consultants.

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Topics: Small Business Bookkeeper, Small Business Consulting, CFO Consulting, Growth Coach

Small Businesses: Use Your Bookkeeper to Grow

Posted by Matt Roberge on Nov 3, 2015 7:00:00 AM


Grow A Business In SLCDue to continuous software improvements, bookkeeping has become fairly automated, but it can be frustrating to navigate the software.  Both our clients and those of various bookkeeping software products find that it's easier to leave the liability for their books to trusted professionals, rather than risk penalties, or worse, running out of cash and driving their business into the ground. But what does that mean for the average business owner?

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Topics: Small Business Bookkeeper, Bookkeeping Salt Lake City, Salt Lake City Accountant, Salt Lake City Bookkeeping, SLC Bookkeeping

How a Small Business Bookkeeper Handles His Own Bookkeeping

Posted by Matt Roberge on Feb 5, 2015 7:00:00 AM

Have you ever wondered how a small business bookkeeper handles the bookkeeping for their own business? Think about it, if you are using an outsourced bookkeeping service they have to handle their own business bookkeeping. Ask them what they do for their own bookkeeping that you currently are not doing. Here are five key things I do with our own small business bookkeeping.

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Topics: Small Business Bookkeeper, Financial Forecasting, Financial Reporting, Business Budgeting, QuickBooks Budget, Small Business Bookkeeping, Reconciling QuickBooks, Bookkeeping Theft, Bookkeeper dishonesty