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Bookkeeping Mistake 5: Not separating business and personal bank transactions

by Henry H. Jones, CPA, CVB | Nov 4, 2013 | 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. As a small business owner, it...

Bookkeeping Mistake 4: Using the wrong accounting method

by Henry H. Jones, CPA, CVB | Sep 9, 2013 | Accounting, Bookkeeping

If you’re using the wrong accounting method for your business, it could cause some big problems with your accounts, profits, and taxes. Now, bear with us, because we’re going to get a little technical here when it comes to accounting terminology.  Don’t despair –...

How much is doing your own bookkeeping costing you?

by Henry H. Jones, CPA, CVB | Aug 28, 2013 | Accounting, Bookkeeping

When you start your own business, doing your own bookkeeping is just one of those things that you do, like responding to potential customers or stocking inventory.  It’s not too difficult – a few invoices here and there, filing receipts, doing the bank reconciliation,...
Bookkeeping Mistake 3: Not using bookkeeping software properly

Bookkeeping Mistake 3: Not using bookkeeping software properly

by Henry H. Jones, CPA, CVB | Jul 3, 2013 | Accounting, Bookkeeping

This is part of a series of the Top 10 Bookkeeping Mistakes Small Businesses make.  To read the others, click here. Not using bookkeeping software properly For many small businesses, “bookkeeping software” is comprised of a notebook or a few sheets of paper, or an...
Bookkeeping Mistake #2: Leaving Bookkeeping to the Last Minute

Bookkeeping Mistake #2: Leaving Bookkeeping to the Last Minute

by Henry H. Jones, CPA, CVB | Jun 21, 2013 | Accounting, Bookkeeping

This is part of a series of the Top 10 Bookkeeping Mistakes Small Businesses make.  To read the others, click here.   Leaving bookkeeping to the last minute Everyone suffers from procrastination from time to time. Actually, to tell the truth, we only suffer when...
Bookkeeping Mistake #1: Believing You Have to Do Your Bookkeeping Yourself

Bookkeeping Mistake #1: Believing You Have to Do Your Bookkeeping Yourself

by Henry H. Jones, CPA, CVB | Jun 14, 2013 | Accounting, Bookkeeping

This is part of a series of the Top 10 Bookkeeping Mistakes Small Businesses make.  To read the others, click here. There are a number of reasons you might decide to do your own bookkeeping.  Based on our experience, and the problems many business owners face, we...
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