Steadfast Bookkeeping Blog: Tools, Tips & Insights
Bookkeeping Resources
Bookkeeping Resources
Bookkeeping 101: Bookkeeping Basics for Small Businesses
Learn the fundamentals of bookkeeping and how it can help you make informed financial decisions for your business. From tracking expenses to managing cash flow, this article from @nerdwallet covers everything you need to know to get started.
Top Bookkeeping Tips Every High School Senior Needs to Know for Financial Stability
As high school seniors prepare for college and beyond, one key aspect of their financial stability is bookkeeping. Properly managing money and keeping track of expenses can help them avoid debt, build credit, and establish good financial habits. Here are some top bookkeeping tips that every high school senior needs to know for financial stability.
IRS E-News Subscriptions
Stay informed! Did you know the IRS offers a variety of E-news subscriptions on a variety of tax topics including?
What is a Profit and Loss Statement?
A Profit and Loss Statement is critical to making sound bookkeeping judgments. Check out this great article from Small Business Trends to find out why!
5 Ways to Increase Your Company’s Profit Margin and Take Home More Revenue
"You don’t have to dig very deep to understand why profit margins matter. However, as a business owner and entrepreneur, there’s also a personal side to this equation. Increasing your company’s profit margin is the key to increasing your take-home pay."
What is a Balance Sheet?
The balance sheet is your financial snapshot. Do you track your balance sheet from month to month? If not, start now. This Small Business Trends article will give you the how and why!
How to Categorize Business Expenses
It’s really quite easy to break your business expenses up into categories, but many small business owners put this process off until it’s absolutely necessary, creating more work in the process. This article from The Ascent is a great resource for organizing your expenses.
23 Common Tax Deductions for Small-Business Owners
"We don’t have to convince you that taxes are complicated—especially for small-business owners. You know it. We know it. But not paying attention to your taxes could cost you big-time—especially if you’re not sure which small-business tax deductions you’re eligible for. And Uncle Sam doesn’t exactly give you a road map here."
Fascinating Budget Tactics that Can Help Your Business Grow
You've heard me say it before, but it is so important to know your numbers. It is just as important to have a business budget. This article is a practical guide to apply to your small business.
What Information Does My Accountant Need to Prepare My Tax Return?
Make it easy on your accountant! This informative article on what your accountant needs to file your small business taxes is a great outline.
21 Small-Business Tax Deductions You Need to Know
Small business owners can often overlook tax deductions that are readily available. Visit this NerdWallet blog to make sure you are maximizing your deductions!
3 Ways Leaders Can Develop Their Diplomacy Skills to Motivate Their Workforce and Drive Productivity
Good diplomacy skills are the sign of a great leader. Building your diplomacy skills aids in creating a healthy work culture encouraging others to work together. Read more about developing your diplomacy skills in this article from Entrepreneur!
What is business accounting? 21 tips for business owners
Managing your business finances doesn't have to be stressful! This article from QuickBooks is an excellent cheat sheet for what you need to know and timelines.
You Can Train Your Brain to React to Stressful Situations Better. Here's the 3-Step Process.
"Certain people seem designed to perform well under moments of intense pressure. As an entrepreneur, it's certainly a skill you'd do well to develop." - Aytekin Tank
How to Start a Business: A Practical 22-Step Guide to Success
Let's talk square one! This @quickbooks blog leads you through the steps to starting a business in a practical, streamlined way. If you are even thinking about starting a company, start here.
Double-Entry Bookkeeping Guide for Small Business Owners
Double-entry bookkeeping is an important concept that drives every accounting transaction in a company’s financial reporting. Business owners must understand this concept to manage their accounting process and to analyze financial results. Use this guide from QuickBooks to learn about the double-entry bookkeeping system and how to post accounting transactions correctly.
Great Finance Dictionary
Ok, I know what you are thinking - are you really posting a dictionary? Boring 😉
Yes, I am 😀. This Great Finance Dictionary from Wall Street Mojo is an excellent resource no matter which financial term, formula, concept, or theory you are searching for, you will get it all here at the Wall Street Mojo’s centralized resource center.
Cost of Goods Sold: How to Calculate and Record COGS
With prices raising around us in virtually every area, it is important to analyze your costs of goods sold to make sure that you are pricing your inventory and services correctly. This QuickBooks blog will show you how to calculate and record your cost of goods.
Understanding Financial Projections and Forecasting
Creating financial projections can help you map out the future of your business. Financial forecasting is an important part of managing your business. Preparing financial projections may seem like a daunting task, but if you can create financial statements, you can create financial projections.
Reduce Operating Costs with 14 Effective and Simple Tips
The end of the year is the perfect time to evaluate your operating costs! This QuickBooks article outlines proven tips to reduce your operating costs and increase your profit.
Start your journey
Request a free consultation today.