P&L

Accounting Terms 101: A Beginners Guide for Business Owners

Accounting Terms 101: A Beginners Guide for Business Owners

As a business owner, you may have heard various accounting terms thrown around, such as balance sheet, cash flow, and profit and loss statement. However, it is essential to have a clear understanding of these terms to make informed financial decisions for your...

Benefits of Outsourced Bookkeeping and Accounting

Benefits of Outsourced Bookkeeping and Accounting

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...

What Can I Expect When I Outsource my Bookkeeping Services with Capital CFO+?

What Can I Expect When I Outsource my Bookkeeping Services with Capital CFO+?

When you work with Capital CFO+, you’ll experience a number of benefits that will make your life easier as a business owner. Here are just a few benefits you can expect when you outsource your bookkeeping and financial services with Capital CFO+: Outsource Bookkeeping...

Top 6 Reasons to Outsource Bookkeeping

Top 6 Reasons to Outsource Bookkeeping

If you’re a small business owner or nonprofit leader looking to save both time and money, there are a number of reasons why you should outsource bookkeeping. Here are six benefits to outsourcing your bookkeeping: More time for your business. Because there’s never...

Role of a CFO

Role of a CFO

Your CFO  is not only responsible for a company's finance and accounting function, they need to also be a a strategic partner who can help analyze a business’s strengths, weaknesses, and will assist in putting together a strategic plan. A CFO should be a forward...

The Difference Between Bills,  Invoices and Statements

The Difference Between Bills, Invoices and Statements

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...

Presenting financials

Presenting financials

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....

Tracking for grants

Tracking for grants

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...

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