Bookkeeping for Small BusinessesMay 15, 2019 8:36 am
Who keeps the books for your business? You know the dreaded invoicing, receiving, payables, reconciling, filing, general ledgers, liabilities, budgets, and reports. Many small businesses do not have a dedicated accountant or financial manager to take care of these tasks, which means that, often times, the job falls to a business leader or owner.
Chances are, if you are an entrepreneur, you have some grasp of handling the books and have been doing some aspect of it while your business has been growing. As your business evolves, however, the job of balancing the books and taking care of the bills or payroll gets more complicated.
That’s why Enterprise Center is offering Business Owners and Startups a seminar entitled “Bookkeeping Fundamentals for Small Business.” Every Tuesday and Thursday from 6-9pm, from May 21 to June 6, you can learn the basic steps of setting up and keeping track of your money in a simple, accurate manner that works for you.
Bookkeeping doesn’t need to be the dreaded chore that keeps your sheltered in your office well into the evening. There are some fantastic apps that can help keep you organized and are fairly intuitive to use. Our advice is to do a bit of research before you download any software, as each app offers something a little different. Your business’s unique needs can be met with one of them.
QuickBooks is a name that you probably recognize as it is one of the most popular small business accounting software programs out there. People love it because it has multiple tailored versions and top-of-the-line features. QuickBooks is meant for people who are not accounting experts. They put all the information in one, easy-to-use location.
Xero is great for businesses that are on-the-go and need something a little more mobile. Xero is a mobile app for accounting specifically geared for business leaders who need to do their bookkeeping remotely or while on the road. This is also great in case a client needs a quick update and you want to bring up the numbers on your phone. Xero has served over 1.2 million subscribers around the world.
FreshBooks is yet another top accounting software that specializes in small business accounting. That means that it is geared for your company in mind, not the larger corporations. Each of the three versions of FreshBooks: Lite, Plus, and Premium, is tailored toward the specific needs of small businesses within a wide range of sizes and structures.
Have questions about keeping the books for your company or need a change in the app that you are currently using? Check out our seminar “Bookkeeping Fundamentals for Small Business” and register today.