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Category Archives: Business

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…