Do you have a habit of mixing business and personal finances? Maybe you use your business credit card to pay for personal expenses or vice versa. While it might seem like the easiest option, especially when you’re just starting your business, it will pose some challenges in the long run. Why mixing business and personal […]
7 Reasons Mixing Business And Personal Finances Is Bad For Your Business Read More »
Before recording transactions, one of the first things to set up is the chart of accounts. That’s because it plays an important part in bookkeeping and acts as the foundation of a business’s financial system. But, you might be wondering, what is a chart of accounts? When doing bookkeeping, every financial activity must be recorded
What Is A Chart of Accounts And Why Is It Important? Read More »
As a business owner, managing your finances can sometimes feel overwhelming. Receipts pile up, expenses go unrecorded, and soon, you find yourself stuck with your messy books. Bills then get overlooked, payments are left untracked, and unpaid invoices go unnoticed. Because of this, you may be unsure how your business is doing financially. But with
5 Simple Steps To Make Your Messy Books Manageable Read More »
One of the questions I often get when I tell friends I do virtual bookkeeping is, “Can bookkeeping be done remotely?” I get where the curousity is coming from, especially here in the Philippines where a lot of businesses still use paper journals and ledgers to keep track of their funds. But in today’s digital
Can Bookkeeping Be Done Remotely? 5 Advantages Of Cloud Bookkeeping Read More »
In my previous blog post, I emphasized the vital role of bookkeeping in every business. If you missed it, check out that post to read about the importance of bookkeeping. DIY bookkeeping. What is it, and is it right for you? Many small business owners take on multiple roles and responsibilities. If something seems doable,
The Pros and Cons of DIY Bookkeeping for Small Businesses Read More »
As a small business owner, do you wonder why bookkeeping is important, or do you feel like it’s a waste of time? Would you rather spend your time creating your product or reaching out to potential customers? I get it. When I had a small bakery in my 20s , I had to buy the
Why Bookkeeping Is Important for Small Businesses Read More »
What is a Virtual Bookkeeper? Simply defined, a virtual bookkeeper is a bookkeeper who does their tasks online. They work remotely and can work anywhere with a stable internet connection. Because they aren’t required to be physically present where their clients are, virtual bookkeepers can often serve businesses around the world. What Does a Virtual
What is a Virtual Bookkeeper? Read More »
