Blog Archives

Scary Statistics

53% of college grads are underemployed or unemployed and 70% of college grads have degrees they can’t apply in the workforce. This is one reason why the self-employment lifestyle is gaining ground. These days, the word startup is so common

Posted in management, professional bookkeeping, The real numbers

Why isn’t paying back a loan an expense?

here’s one way I can explain this. This is the accounting equation Assets = Liabilities + Owner’s Capital + Revenues – Expenses – Owner’s Draws For Corporations it’s Assets = Paid-in Capital + Revenues – Expenses – Dividends – Treasury

Posted in Bookkeeping Questions, professional bookkeeping

Sound Bookkeepers wins best Accounting of Shoreline 2 years running!

Press Release FOR IMMEDIATE RELEASE Sound Bookkeepers Receives 2015 Best of Shoreline Award Shoreline Award Program Honors the Achievement SHORELINE October 1, 2015 — Sound Bookkeepers has been selected for the 2015 Best of Shoreline Award in the Bookkeeping category

Posted in marketing, professional bookkeeping

Here’s why good accounting makes good sense

This article was written by an acquaintance of mine who also wrote on of my favorite books, The reckoning. http://www.politico.com/agenda/story/2015/07/greece-owes-less-than-europe-says-000132 In the article, it is proposed that Greece, an entire country about to file bankruptcy, is going to do so

Posted in Auditing, professional bookkeeping, The real numbers

Document and Information Security

In the mortgage business, it’s extremely important to manage your document security and information security.  According to the GLBA (an act which requires a written policy on security protocols), you can never ever send something with a social security number

Posted in management, professional bookkeeping

thoroughness and accuracy versus cost

whenever I work with the client, it’s essential to find out whether it is a thorough and accurate job they are looking for, or whatever can be done for a certain price. Obviously the more thorough and accurate I have

Posted in Auditing, Getting caught up, professional bookkeeping

quarterly filings coming up

if your quarterly filer with the Department of revenue, and you have about two weeks left before the deadline. Most people calculate this wrong when they do it themselves. just getting the correct numbers to use for your sales tax,

Posted in professional bookkeeping, quarterly dor filing, Tax season, The real numbers

money management

It’s so funny that it’s called money-management, because for most people, there is so little of it to manage and we do such a poor job at it.  And I say there’s so little to manage because for the average

Posted in management, professional bookkeeping, The real numbers

The Fourth Wall

If you have ever done any acting, you might already know this term, but for those of you who are not familiar with the concept, it refers to the wall between the actors on stage and the audience.  If the

Posted in professional bookkeeping

Sound Bookkeepers Receives 2014 Best Businesses of Shoreline Award

Press Release FOR IMMEDIATE RELEASE Sound Bookkeepers Receives 2014 Best Businesses of Shoreline Award Shoreline Award Program Honors the Achievement Shoreline, December 23, 2014 — Sound Bookkeepers has been selected for the 2014 Best Businesses of Shoreline Award in the

Posted in professional bookkeeping