Small Business Bookkeeping

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Daniel Levy

Why hiring a Bookkeeper is an investment

Hiring a bookkeeper can be considered an investment for several reasons: Time savings: By hiring a bookkeeper, business owners can save...

Daniel Levy

How to choose Cash or Accrual Basis for your business

Choosing between accrual or cash basis accounting depends on several factors, including the size and complexity of your business, your...

Daniel Levy

What does Accrual Basis mean?

Accrual basis is an accounting method where revenue and expenses are recorded when they are incurred, regardless of when the cash is...

Daniel Levy

What does Cash Basis mean?

Cash basis is an accounting method where income and expenses are recorded when cash is received or paid. This means that revenue is...

Daniel Levy

Why you should review your Financials every month

It is important to review financial statements monthly because it allows business owners and managers to stay on top of the financial...

Daniel Levy

How to choose your Business Structure

Choosing the right business structure is an important decision for small business owners, as it affects legal and financial obligations,...

Daniel Levy

What is bookkeeping and why should I care about it?

When most people think of accountants they think of tax. Not every accountant prepares tax returns. Bookkeeping is the basic core of...

Daniel Levy

What is accounting and why is it important?

Accounting is the system of recording and summarizing business transactions and analyzing, verifying, and reporting the results....