May 20, 2024
Charles Lutwidge
Record-to-Report Process: Best Practices For Business
Have you ever struggled to collect data manually and was overwhelmed with endless report spreadsheets? The intricacies involved in reporting may be quite daunting. The record to report (R2R) procedure comes to rescue the day for CFOs, accounting teams, and...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
May 16, 2024
Charles Lutwidge
How To Run Payroll for S Corp?
S Corps have become increasingly popular due to their ability to offer both limited liability protection and pass-through taxation. The entity also has unique advantages in terms of payments. However, these benefits come with specific requirements regarding employee payroll, particularly...
May 13, 2024
Charles Lutwidge
Cannabis Accounting: Navigating Medical Marijuana Finances
The U.S. cannabis market is experiencing tremendous growth. According to experts, revenue in 2024 will be $42.98 billion. This growth is expected to continue at a CAGR of 2.89% from 2024 to 2029, resulting in revenue of $42.98 billion by...
April 29, 2024
Charles Lutwidge
The Essentials of Bookkeeping for Consultants
Every consulting firm owner recognizes that maintaining an accurate client billing process and promptly collecting payments are crucial aspects of driving business success. Entrepreneurs aim to deliver exceptional consulting services and foster efficient bookkeeping practices. After all, it’s hard to...
April 25, 2024
Charles Lutwidge
How to Keep Records for Small Business?
The majority of business owners face bookkeeping issues. Moreover, small businesses often have to work with limited resources, which challenges entrepreneurs to handle finances and keep accurate records. Today, we’ll cover how to keep records for small businesses and give...
April 22, 2024
Charles Lutwidge
Efficient Construction Cash Flow Management: Top Tips
The construction sector is associated with many risks and characteristics. The long operational cycle and the need for free capital are two traits of the construction industry. Usually, firms face financial problems that come from deficits, capital shortages, and negative...
April 18, 2024
Charles Lutwidge
Accounting for Plumbers: Streamlining Finances for Plumbing Businesses
As you can imagine, starting a home, commercial, or industrial plumbing business can be challenging. In addition to difficult working conditions, you must deal with long hours, emergency calls, long commutes, strict regulatory requirements, and ongoing training. While customers expect...
April 15, 2024
Charles Lutwidge
Gas Station Accounting Best Practices
If you launch a gasoline station, you must run two businesses simultaneously. You offer fuel and operate a retail store. How can you keep track of all business processes? This blog post will discuss maintaining gas station accounting, controlling your...
