Steadfast Bookkeeping Blog: Tools, Tips & Insights
Bookkeeping Resources
Bookkeeping Resources
Keeping a Business Cash Reserve
Just like in the rest of life, things do not always go according to plan. Keeping a business cash reserve will enable you to weather any unexpected storms that come your way. This QuickBooks blog explains what a cash reserve fund is and its value.
3 Mental Health Tips for Small Business Owners During the Holidays
Finishing out the year, selling products and services, and trying to attend all those school Christmas concerts, can leave the small business owner wondering which end is up! I love this QuickBooks article on Mental Health Tips for Small Business Owners! Be intentional this year with your time and resources.
How to Register a Business: 6 Steps You Need to Take
Start your business off on the right foot! This excellent QuickBooks blog is a great road map to begin your journey!
Bookkeeping Best Practices
"There’s no one-size-fits-all answer to efficient bookkeeping, but there are universal standards. The following four bookkeeping practices can help you stay on top of your business finances."
-QuickBooks Blog
How to Process Payroll Step By Step
Managing employee payroll is an essential part of running your business, and it need not be intimidating! This step-by-step guide will set you up beautifully for the task!
Understanding Owner’s Equity
If you own a business, owner's equity is your right to its assets minus any liabilities. This QuickBooks blog outlines the definition, how to calculate and examples. It is a must read for any business owner!
Operating Costs: Definition, Formulas, and Examples
Understanding your operating costs is essential to your business! Do you know your business's day to day operating costs?
8 Accounting Equations Every Business Owner Should Know
If you’re a small business owner who would prefer to monitor your company’s cash flow rather than outsource, there are financial accounting equations that you should be familiar with. This QuickBooks blog is a great resource for you!
Income Statement Guide
Income statement reports show financial performance based on revenues, expenses, and net income. Used correctly, the income statement is a valuable tool. This article from QuickBooks Blog outlines everything you need to know about income statements.
What Is Cash Flow?
Cash flow is the movement of money in and out of your bank account. This QuickBooks blog for small business owners shares 4 tips for cash flow management.
How to Read a Balance Sheet
Balance sheets are an important financial statement that summarizes a business’s financial situation. Balance sheets are used to evaluate a company’s performance and ability to meet its financial obligation.
Five Bookkeeping Tips for Small Business Owners
What are the top five bookkeeping tips an entrepreneur should know? This article from Entrepreneur shares the good habits that can help stave off costly errors when it comes to recordkeeping.
2022 Complete List of Small Business Tax Deductions
Jackpot! This blog by QuickBooks is a fantastic resource guide to small business tax deductions. It will show you:
Which deductions are available
Important changes from last year
How to identify potential ways to save money on this year’s tax bill
and more...
What Does a Bookkeeper Do?
Bookkeeping plays an essential part in your business operations, but how much do you know about the profession that makes mathematical magic? This article explores what bookkeepers do and why it is necessary!
Small Business Tax Forms
Small business owners - take the intimidation out of tax time with this EXCELLENT resource with 30 important tax forms, terms and dates you should know! Read through the entire article or simply jump ahead to the forms that fit your business.
What is a Payroll Expense?
Payroll expenses can often be confusing. This QuickBooks blog contains a great guide laying out each component you need to know.
How to Write a Business Plan in 10 Steps
Nearly 70% of experienced business owners recommend writing a business plan before starting a business plan, yet more than 10% of prospective business owners said they do not intend to write a business plan. Another 10% aren’t sure if they need a plan. This blog post from QuickBooks outlines the 10 steps to writing a business and provides you with a FREE template. Check it out!
How to Calculate and Track Overhead Costs for Your Small Business
Operating expenses versus overhead expenses - do you know the difference? When conducting business, these are the two main types of expenses that small business owners need to track to understand pricing, budgeting, reporting, and profitability. This article from QuickBooks is a valuable resource for understanding how to calculate and track your overhead costs.
How To Follow Up on Past Due Invoices
It can be frustrating having to follow up on unpaid invoices. This guide will help you follow up on late payments, and includes payment reminder letter templates to help you write professional, friendly payment reminders.
How Do I Track My Expenses?
When you get busy, you can quickly lose track of your expenses. How can you track your expenses and create a system to manage expenses that doesn’t eat up too much time?
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