Online Bookkeeping

It’s Time for Nonprofits to Move Beyond Excel

If your nonprofit is still using Excel for financial management, you’re not alone. With its ease of use, wide availability, and relatively low cost, many small organizations use Excel for daily recordkeeping. However, at some point, you are more than likely discovering that Excel simply doesn’t have the ability to meet all the needs for [...]

New Year’s Bookkeeping Resolution # 8: Payroll Priority

Payday is eagerly anticipated by employees, but often dreaded by small business employers handling the payroll themselves. Hours of administrative work goes into making tax calculations, completing government reports, depositing tax money in various accounts, and writing and signing checks. Not to mention the quarterly filing and tax-payment requirements too. If there is one thing [...]

New Years Bookkeeping Resolution # 5: Prompt Payment

How do you go about paying bills for your small business? If you are like most, you probably put off writing that check until the very last possible minute – either because you misplaced the statement, are waiting to have enough money in the bank, or hate dealing with paperwork. Putting off paying bills will [...]

New Years Bookkeeping Resolution #4: Timely Taxes

As the year comes to a close, tax time might seem like a fuzzy, distant event that you don’t need to focus on quite yet. However, readying your business’s tax information in preparation for filing your 2010 return should be at the forefront of your mind as you are closing down the books. The last [...]