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Category Archives: Bookkeeping

Why should I hire a virtual bookkeeper?

In this day and age the internet is playing a huge role in many everyday activities. Not only are we keeping up with friends and family online through social media, we are making more purchases online, we can make reservations online for movie tickets and the list goes on. It is not that long ago that…

“I’m a new business owner, do I need to do bookkeeping?”

New Business Owner: "I'm a new business owner, do I need to do bookkeeping?" Abacus Bookkeeping: "Yes!" New Business Owner: "But why? I don't have that many receipts at the moment and my income is really low." Abacus Bookkeeping: "Do you have to file a tax return at the end of the year?" New Business…

Bookkeeping – should you be doing it yourself?

​Bookkeeping is such an important part of your business. It provides you with vital information that you need in order to grow your business. However, is doing the bookkeeping yourself really the best use of your time? As a business owner, you need to spend your time growing your business, taking care of your client…

Do you have business credit card debt?

Do you have business credit card debt? Maybe you needed to make some purchases using a credit card to be able to start your business. Maybe you needed to use your credit card to keep your business going through a slow time. Or maybe you have credit card debt that built up over time without realizing it? Debt can…

Do you have systems and procedures set up in your business?

Do you have systems and procedures set up in your business? Or do you just go with the flow and keep things moving the best you can with the intention of setting up systems later??? Being organized in business is so important – when you are organized, when you have systems and procedures in place then…

Bookkeeping Terms Explained for You – Part 1

Happy New Year to you! I can hardly believe that it is 2013 already – where did 2012 go to? I am really excited for 2013 though. I am looking forward to the new adventure of being a full time with Abacus Bookkeeping, LLC. This is the time of year that everyone is thinking about…