Proactive Bookkeeping

Small businesses who use their accounting data to inform how they manage their operation as a whole are less likely to have to manage 'under crisis.' Further, with good categories and tracking systems in place, business performance can be measured and monitored easily, allowing owners to continually streamline their business and improve their efficiency. This practice inevitably reduces waste. (Related article: Tracking by...
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Fundamentals Cash Flow for Farmers

Announcement: We'll be presenting a Cash Flow workshop to the farming community on Thursday, March 16 from 10 - 11:30 am at Sustainable Connections (Free). "Fundamentals Cash Flow for Farmers" explores the fundamental aspects of Cash Flow. Presented by Chris McGee, he'll review the business reports that make up the building blocks of Cash Flow and show attendees how to find these reports in QuickBooks as well...
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Accounts Receivables – Managing DSO

Wooo Hooo!  Made the sale, sent the invoice and feeling good!  Right?  Well kind of … Remember an ‘invoice isn’t cash’ so don’t overlook the ‘getting paid’ portion of the sales agreement (Refer to tips below). While it may seem obvious, many business owners become so consumed with making the sale that they fall short controlling the payment of the sale.  The result is their Net 30...
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