Posts from 18 February 2025

Should I consider leaving my job due to conflicts with the new company accountant?

Deciding whether to leave your job because of conflicts with a new company accountant requires careful consideration.[…]

What types of businesses that you’ve managed bookkeeping for have been the most profitable or offered the highest margins?

In my experience, businesses with high profitability or substantial margins often include those in the technology sector,[…]

Is there a fee for discovery or onboarding services?

Yes, there’s often a charge associated with discovery and onboarding work as these processes are essential to[…]

Is it possible to perform batch matching in QuickBooks?

Yes, QuickBooks does allow for batch matching of transactions, though the extent and method can differ depending[…]

In what ways has managing a bookkeeping business transformed your lifestyle?

Running a Bookkeeping business has had a profound impact on my life, both professionally and personally. On[…]

What are some lesser-known loopholes that businesses exploit?

Businesses often leverage loopholes to gain a competitive advantage or reduce costs. Here are a few less[…]

Is switching to manual bookkeeping in 2025 a reasonable alternative to QuickBooks?

Transitioning from QuickBooks to manual Bookkeeping in 2025 is not necessarily a crazy idea, but it does[…]

Is it possible to include unrelated 1099 income in the financial records of my small business?

When managing the financial records for your small business, it’s important to maintain clarity and separation between[…]

Hey Bookkeepers: are you passionate about bookkeeping?

Bookkeeping can be both a challenging and rewarding profession, and those who are truly passionate about it[…]

“Is it common to classify 83% of business expenses as ‘Other Deductibles’ on a tax form?”

It is generally not typical to categorize such a large proportion of business expenses as “Other Deductibles”[…]