When do I need to start a formal “payroll”?

Payroll is expensive, confusing, and expensive.  But unfortunately, it is a necessary facet of business for almost every industry and organization type.  Use the following evaluation tactics in order to assess if you are ready to start putting employees on the books. Important Things to Know Entity Type What type of organization are you?  The…

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How to pay a bill fast!

Let me paint the picture:  This is how every business pays their bills. Step 1 – Open the envelope. Step 2 – Sort invoices. Step 3 – Enter invoices into accounting software. Step 4 – Print out your paper checks from you accounting software. Step 5 – Sign all the checks. Step 6 – Stuff…

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How does remote bookkeeping with Universal Bookkeeper work?

Remote bookkeeping allows the business owner to obtain accurate financial statements through a non intrusive process. This process will most likely involve providing access to bank, credit card, and other revenue and expense records necessary to classify transactions in the most beneficial manner for your business. Other financial records can be easily scanned and emailed to your personal Box.com account…

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