by Henry H. Jones, CPA, CVB | Sep 28, 2018 | Accounting, Wine Business
In this article, we discuss income accounts commonly included in a winery chart of accounts. Please see our article concerning the importance of your winery chart of accounts as an introduction to this topic. Income results from transactions that increase the value,...
by Henry H. Jones, CPA, CVB | Sep 24, 2018 | Accounting, Wine Business
As a winery owner, you wonder why your chart of accounts is important. Wait, you don’t? Well, sometimes you do but you have many other demands on your time and energy, so you may not. When an accountant says “chart of accounts” most people quickly lose interest....
by Henry H. Jones, CPA, CVB | Mar 27, 2014 | Accounting, Bookkeeping
This is part of a series of the Top 10 Bookkeeping Mistakes Small Businesses make. To read the others, click here. Confusing profits with cash flow has been left to the last, the tenth of the top ten bookkeeping mistakes – but it’s a really important one. You tend...
by Henry H. Jones, CPA, CVB | Feb 27, 2014 | Accounting, Bookkeeping
This is part of a series of the Top 10 Bookkeeping Mistakes Small Businesses make. To read the others, click here. Whether you have employees or not, misclassifying them is a classic bookkeeping mistake. That may sound strange, but you need to think about your...
by Henry H. Jones, CPA, CVB | Jan 23, 2014 | Accounting, Bookkeeping
This is part of a series of the Top 10 Bookkeeping Mistakes Small Businesses make. To read the others, click here. “It’s just a few dollars.” “I don’t have my business credit card – I’ll just use cash.” “Take that from petty cash – we’ll top it up later.” These kinds...
by Henry H. Jones, CPA, CVB | Jan 16, 2014 | Accounting, Bookkeeping
This is part of a series of the Top 10 Bookkeeping Mistakes Small Businesses make. To read the others, click here. Running your own business affects your life as a whole – and it especially affects your finances, and your bookkeeping. Reconciling your...