June 22, 2020
Charles Lutwidge
How to Hire an Accountant
Accounting and business go together like peanut butter and jelly. You can’t have one without the other. Business owners, especially new, are always facing the task of trying to find their first accountant or change their accountant. If you are...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
June 22, 2020
Charles Lutwidge
A Guide to Your Own Virtual Bookkeeping Business
Most individuals who try to run their own virtual bookkeeping business work much too hard, are severely underpaid, and ultimately fail miserably. No, it is not because they lack the necessary bookkeeping skills. So, why do so many bookkeepers fail?...
June 22, 2020
Charles Lutwidge
Overview of Fractional CFO Services
Have you ever heard the term Fractional CFO and wondered exactly what is a Fractional CFO? A fractional CFO offers Chief Financial Officer (CFO) consulting services to businesses on less than a full-time basis. They are also known by some...
June 22, 2020
Charles Lutwidge
Outsourced Bookkeeping
As a business owner, sticking to resolute bookkeeping can be difficult. If you find yourself struggling to routinely record invoices and receipts, it’s time to hire a professional. Why outsource bookkeeping? There are many reasons. We are going to name...
June 22, 2020
Charles Lutwidge
Property Management Accounting Guide
Owning a rental property is a business and to turn a profit, you will need to operate it as a business. Basic Accounting Concepts Property managers are generally not accountants and good at managing the property and not so great...
June 22, 2020
Charles Lutwidge
A Guide to Real Estate Escrow
Once you find your dream home, you suddenly get overwhelmed by credit reports, mortgages, agents, lawyers, insurance, inspections, titles, etc. That is a lot of transactions to keep up with! In this article, we explain what a real estate escrow...
June 17, 2020
Charles Lutwidge
Cryptocurrency Accounting
Cryptocurrency is a medium of exchange, created and stored electronically in the blockchain. One of the most popular ones is Bitcoin. Besides making transactions using this type of currency, people also make money with cryptocurrency. Thus, they need to account...
June 17, 2020
Charles Lutwidge
Introduction to Financial Statements for Nonprofits
Financial statements differ based on whether you have a for-profit business or operate as a non-profit organization. Today, you will learn about financial documents that nonprofits need to prepare instead of standard reports that for-profit businesses have. These statements form...
