Author: Rogelio Jimenez

Running a small business is not a walk in the park; we know. There are always dozens of factors affecting profitability and solvency. That’s to say nothing of all the human issues that crop up. In the middle of everything, someone expects you to do daily recordkeeping? What a chore. The good news is that…

As a practice, bookkeeping is thousands of years old. That’s not because we evolved perfect natural ways to organize our affairs, though. There are a lot of tendencies humans have to overcome for things to work out right and allow prosperity. That’s why certain bookkeeping problems are so prevalent. They’re not impossible to surmount, though!…

Accountants and bookkeepers often seem like they have the most secure jobs in the world. Their training puts them in positions of considerable power in the workplace. That’s especially so if they are able to connect that power with other roles. The nature of bookkeeping is changing, though. It turns out that professionals in this…

Proper bookkeeping practices have a positive effect on business finances. Bookkeeping for budget planning affects how predictive your budget ends up being. It makes it easier for you to solve problems when they come up, and you can even use it to reduce your tax burden. 1: No Bookkeeping Means No Accuracy First, while it…

Without careful account reconciliation, it’s almost impossible to get accurate financial information about your company. Since it’s so important, it’s a good idea to know what your stumbling blocks might be. Here’s a look at five problems that account reconciliation and bookkeeping in general often have to deal with. 1: Manual Processes? One of the…

Bookkeeping for small business is no small matter. With the right tools and techniques, any company can safeguard their financial future through smart bookkeeping. Today, let’s look at five of the most important things you should and should not do when it comes to your small business bookkeeping. 5. Use Double-Entry and Accrual-Basis bookkeeping. Using…

Small business bookkeeping services can help you handle your finances more effectively. Businesses need to track all of their transactions carefully. It’s important to keep all entries in the appropriate accounts to make report generation simpler. The right provider for you will be able to demonstrate their oversight and security features. SyncLedgers tailors solutions to…

A good bookkeeping company has a professional foundation of experience and established trust. Basic bookkeeping is about accuracy and simplicity Better bookkeeping is about good communication and usefulness Bookkeepers shouldn’t handle your taxes, but they can make them easier for everyone. SyncLedgers provides all of this, plus flexibility that helps clients grow! What should you…

Small business bank reconciliation provides critical benefits besides just accurate bookkeeping. Checking bank statements can reveal internal and external errors. Account reconciliation is an essential step in detecting fraud. You also need to ensure that your ledgers reflect banking fees. SyncLedgers helps you enjoy all of these benefits while still having time for what you…

Bookkeeping and accounting share many similar functions, but they aren’t identical roles. Bookkeeping focuses on recording financial data. Accounting is concerned with the interpretation of that data. The advantage of having separate roles in the same financial process is the efficiency that comes from specialization. SyncLedgers makes it easy to take care of your bookkeeping…