There can be several reasons why your QuickBooks balance doesn't match what you see in your bank account. Let's review what might be causing this discrepancy.
When your bank account balance is less than your QuickBooks balance:
If there are expenses which have cleared the bank but...
If you’ve been running a small business for a few years, it’s likely that your questions have evolved from the earlier days of “Where will my next customer come from?” or “Will I be able to make payroll?” to questions more along the lines of...
Recently, I recorded a quick 5-minute video with Adam Slack, President of Two Roads, to discuss a few of his main takeaways from a classic book on business leadership, Good to Great by Jim Collins.
I start out talking about Jim's flywheel concept and how many have...
Business owners come to us every couple of weeks with statements like this:
“QuickBooks has all my transactions from my bank feed, but none of them are reconciled.”
“I just use a spreadsheet.”
“I send invoices from a word document.”
Or - “All the numbers are in my head.”
You...
Recently, we were asked the following questions by a small business owner: "What is the best approach to buying a car? Should I use my personal money or the business account? What are the tax implications?" So, we thought it would be helpful to provide...
For business owners, we understand how hard it can be to keep track of all the different taxes that are due throughout the year. For your convenience, we’ve compiled a comprehensive list below. Go ahead and put these into your calendar as repeating events to...
Cruze Farm is one of the area's only remaining independent dairies, and has become an example of how natural, local-made products can be embraced by even the finest restaurants in the region. Their dairy products, including milk, buttermilk or freshly made cheese, are becoming as...
Taxes come every year whether you are ready for them or not and you need a professional who can safely navigate your business through the ever changing and muddy waters of tax law. Something that was deductible last year, may not be this year. But...
Record Keeping Habits That Will Ensure Your Maximum Tax Deduction
As we approach the end of the year, whether it is the end of your fiscal year or not, it is always helpful to refresh your business practices so that you aren’t in lurch come tax...
It takes a good, in-depth look at your unique business plan to come up with a really good financial strategy. Doing this work is completely worth it. (See last week’s post for a review of why your numbers matter!)
As part of our service to...
See how Colleen Cruze stopped stressing over paperwork by using Two Roads
“Before, we honestly weren’t sure if we were making money, losing money, or breaking even...It’s great to be able to have someone else looking and observing, who is able to tell us, ‘Yes, this works,’ or ‘No, this doesn’t work,’ or ‘Keep doing that.’ It’s really helped us figure out where to focus the business...
{"cookieName":"wBounce","isAggressive":false,"isSitewide":true,"hesitation":"","openAnimation":false,"exitAnimation":false,"timer":"","sensitivity":"","cookieExpire":"1","cookieDomain":"","autoFire":"","isAnalyticsEnabled":false}
