If your Software as a Service (SaaS) business is anything like the ones I have been a part of, they are a fast-moving and exciting business to be involved in. Unfortunately, this leaves many owners or …
Closing the Books: The Month End Close Accounting and Bookkeeping Checklist
What separates a successful business from a failing one? I get this question all the time from aspiring entrepreneurs and business owners that are working diligently to get to the next level. The …
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How to Record Cost of Goods Sold with Shopify (In Quickbooks or Other Accounting Software)
We have previously discussed the numerous ways to record Shopify sales, showcased here. What these blogs have not gone into much detail about was the recording of your Cost of Goods. This can be …
An Example of a Restaurant’s Daily Report
A daily report is one of the key aspects to a successful restaurant business. For one simple reason - successful days turn into successful weeks, which turn into successful months and quarters. By …
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What you are Doing Wrong in QuickBooks Online
Accounting softwares are great, particularly QuickBooks Online. The ease of use and ability to access from multiple devices anywhere in the world is fantastic. Though often times I see clients and …
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A Sample Restaurant Chart of Accounts that any Business Owner, Bookkeeper or Accountant Can Use
For those of you who know anything about the restaurant industry, you understand “Mise En Place” - a French culinary phrase which means "putting in place" or "everything in its place." A proper Chart …