Monthly Archives: December 2014

what is year end bookkeeping?

well, year-end bookkeeping can mean a lot of different things. In one sense, year-end isn’t any different than month-end, because it always comes at the end of the month. So you still need to reconcile your bank statements, and if

Posted in Auditing, professional bookkeeping

What is wrong with QuickBooks

I should clarify, this isn’t just what’s wrong with QuickBooks, it’s also what’s wrong with all the accounting software out there. And we can certainly get into a long debate about right and wrong, and their meaning, but I’m not

Posted in professional bookkeeping, The real numbers

This is not a duplicate, yet another embezzling bookkeeper

http://www.thehour.com/news/norwalk/suspect-in-theft-from-plastic-surgeon-has-previous-embezzlement-conviction/article_ebbec393-06df-5a5c-922d-eda30ddc5ca7.html The worst thing about this to me is that she was in the position to steal after being convicted on embezzlement previously.  Background checks can be done online for $30.00.  Instead, it cost $200,000 to find out she was

Posted in Auditing

are you ready for year-end?

of course there’s the logistical pieces of bookkeeping that have to be done like ordering your 1099s, and finalizing all of your numbers for 2014, but there’s also a really important piece to ending the year which is planning for

Posted in Mindset

Another Embezzling Bookkeeper uncovered

http://www.seattlepi.com/news/crime/article/Shreveport-bookkeeper-jailed-on-theft-charge-5936037.php   SHREVEPORT, La. (AP) — A bookkeeper for a Shreveport company is free after posting bond following her arrest for theft. Deputies say she pocketed $57,000 in unauthorized payments from the business for more than a year. Deputies say 44-year-old Stacy S.

Posted in Auditing, Dumb mistakes, Employees