You may be wondering the benefits of Outsourced Bookkeeping and Accounting. Bookkeeping and accounting services have become one of the most outsourced functions in small to medium-sized companies. Today’s businesses function in a hybrid remote and on-premises staffing...
Outsourced CFO services are one of the services most hired by business owners. Outsourcing is a cost-effective and efficient option for businesses and nonprofit organizations. Learn more about the most popular outsourced CFO services below. What is an outsourced CFO?...
Your finance team is responsible for your company's bookkeeping, reporting, data analysis, paying bills, sending invoices, tracking the AR, and helping you grow. Their knowledge of needs to go beyond reporting the numbers. A CFO can help to identify cost saving...
As a business owner, invoices are sent to customers who are not paying immediately after a job has been completed or a service was provided. Customers will be paying at a later time and an invoice is sent to break down the cost owed to you. A bill is money owed to a...
After carefully tracking and accounting for all transactions, a presentation of the financial statements helps business owners stay on top of their financials. It is helpful to start with the balance sheet, move on to the income statement, and end with your cash flow....
Grants need to be accounted for at all times and many organizations do not realize that it is necessary to establish proper and transparent accounting practices in order to manage grants and continue to receive them. All income and expenditures from the grant need to...
Bookkeeping is keeping an accurate recording of a company's financial transactions. And although technology and accounting software has greatly eased the process, having a reliable and experienced bookkeeper is the first step in financial management. Financial...
Financial statements are the way that you can track the performance and changes of your company or organization. Regardless of the type of business or nonprofit you are running, there are many different people that would be interested in the financial statements...
