October 20, 2023
Charles LutwidgeBookkeeping for Etsy Sellers: Tips for Creatives
If you’re like most people who sell commodities on the Etsy platform, you primarily concentrate on your handmade items and the creative side of your firm. Most likely, you pay little attention to accounting. However, proper financial control is vital...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
October 12, 2023
Charles LutwidgeKey Steps of A Successful Medical Billing Process
The medical billing process is full of complexities. Transforming notes to standardized claims may be error-prone, and insurance companies have rigorous rules for claims arrangement. Even if your requests are granted, insurers seldom transfer the total amount quickly. The best...
October 06, 2023
Charles LutwidgeWhat Is GAAP in Accounting, and Why Is It Important for Your Business?
Excellent accounting provides company management with data for making sound decisions and adjusting business development strategy. But it is a standardized field where each number is highly controlled and must be reasoned. Generally Accepted Accounting Principles (GAAP) are a system...
October 03, 2023
Charles LutwidgeThe Complete Guide to Successful Sales Forecasting
Sales forecasting is one of any organization’s most critical activities, as it allows you to plan staffing requirements and capital flows for trading. Despite the importance of such calculations, many enterprises use outdated technologies that create poor commercial predictions. How...
September 26, 2023
Charles LutwidgeNonprofit Budgeting: Understand the Basics
Today, 1.5 million nonprofit organizations (NPOs) operate in the United States, and more than 10% of the American workforce is involved in this industry. The activities of nonprofit firms are often tied to the generosity of their donors, in terms...
September 19, 2023
Charles LutwidgeBest Practices For Effective Accounts Payable Management
Today’s management of accounts payable (AP) is more critical than ever. A multifaceted element of modern finance, AP involves not just the accurate processing of invoices, but also the cultivation of strong vendor relationships, compliance with various regulations, and the...
September 12, 2023
Charles LutwidgeAdvanced Online Bookkeeping Services for Business Needs
As an entrepreneur, you know that your organization can’t succeed without effective bookkeeping and accounting. However, you also know that these tasks take countless hours and professional expertise. Hiring a salaried accountant may be too expensive, while doing your own...
September 07, 2023
Charles LutwidgeRemote Bookkeeping for Small Businesses
If your business is at the phase where you need to recruit an accountant, you will have to choose between on-site or remote bookkeeping options. You most likely already know what bookkeeping is, or you have previously collaborated with the bookkeeper. While on-site bookkeeping covers your business needs, it...