What Can Bad Bookkeeping Cost You?

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Women sitting at a messy deskOver the last several weeks I seem to have had an influx of new clients who are suffering from bad bookkeeping. I don’t know if it is because so many business owners are submitting their books to their accountant for year end, but it does seem like February and ...

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Small Business Owners Score a D-…Now What?

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report cardAs business owners we have to know a lot of things about a lot of things. It can be overwhelming to say the least. Some of the things that we don’t know, we outsource. Don’t know how to design our logo – we hire a graphic designer. Don’t know how to build a website – we hire a web development team. Don’t know how to market – we hire a marketing ...

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Tips To Protect Your Business From Fraud – Part 2

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In part 1, we talked a little about how you can prevent bookkeeping fraud. Here are some other tips to keep a watchful eye on this critical part of your business.

Implement an Expense and Reimbursement Policy. Have all credit cards billed directly to your employees rather than to your company. Have expense reports for each employee to turn in with their original receipts. An expense policy should set a daily limit to control the amount of ...

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Accounting and Bookkeeping Basics – Part 1 – What is a Balance Sheet?

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At AIS Solutions, part of what we always are trying to do is help business owners understand their financial statements.  I’ve always felt very strongly about how fundamental sound financials are for running a business, as they don’t only help you to understand the past, but predict and plan for the future.

I often sit down with our business owner clients to walk them through their business financials, and there are many questions that arise with great frequency.  I’ve decided to ...

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