by Tripp Hristopoulos | Sep 3, 2015 | Accounting, Profitability Tips
Some numbers need reviewing on a daily basis, and one example of this is cash. When cash is coming in from a number of places, it’s great to have a daily summary of what was collected. It’s also great to make sure all the collections hit your bank account so you can...
by Tripp Hristopoulos | Apr 2, 2015 | Accounting, Business Development
Does Your Accounting Department Have Holes in It? You’ve got someone to do your federal and state income tax returns, and you have a bookkeeper. So that’s all that a small business needs when it comes to having an accounting department, right? Wrong. Large companies...
by Tripp Hristopoulos | Mar 19, 2015 | Accounting
The balance sheet is one of the main financial reports for any business. Among other things, it shows what a company owns, what they owe, and how much they and others have invested in the business. One of the characteristics of a balance sheet is how it separates what...
by Tripp Hristopoulos | Jan 8, 2015 | Accounting, Business Tips
A great way to start the new year is to get clear on exactly how you can make your revenue goal number. A revenue plan is the perfect tool. You’ll need to be proficient in Excel, and if not, you can work with your accountant on this very important and enlightening...
by Tripp Hristopoulos | Nov 26, 2014 | Accounting, Business Tips
In a little over a month, it will be 2015 and time for year-end accounting chores. One of those chores is getting your 1099s out, and now is a good time to tie up loose ends so the year-end process can go smoother. Here are some tips to do just that: Go through...
by Tripp Hristopoulos | Nov 13, 2014 | Accounting, Business Development
Real-time accounting is when your books are caught up to the present and you know exactly where you stand with your account balances, revenue, and profit. It’s truly doing your accounting in real time. The opposite of real-time accounting is getting your books done...
