by Joel Sandoval | Nov 10, 2016 | Accounting, Bookkeeping Tips
If you’re struggling with your accounting system, it might be a sign that you’re ready for something new. Perhaps your company has grown so much that it’s outgrown its older accounting solution. Here are several indications to look for that justify moving to an... by Joel Sandoval | Aug 4, 2016 | Accounting, Bookkeeping Tips
If you grant credit to customers, then you have a balance in accounts receivable. DSO stands for Days Sales Outstanding, and this helps you measure how fast your receivables are being converted to cash. Here’s how to calculate it: DSO = Accounts receivable balance /... by Joel Sandoval | Jan 22, 2015 | Bookkeeping Tips, Profitability Tips
Are you manually entering data into your accounting system? If so, there may be a way to enter that data that’s faster, cheaper, and better. Data entry automation has come a long way. Here are five common ways to automate data entry so that it no longer has to be... by Joel Sandoval | Oct 2, 2014 | Bookkeeping Tips
Time is precious for most of us these days, and often, we need help at home so we can have more time to run our businesses or careers. That may mean hiring help for personal tasks such as caregiving for the young, elderly, or special needs family member. When you... by Joel Sandoval | May 15, 2014 | Bookkeeping Tips, Management Tips
How much time do you spend each day looking for information about orders, customers, vendors, or employees? If it’s a lot, a little spring cleaning might pay off. Here are five quick tips to assess and improve your information access. Your Librarian Large companies... by Joel Sandoval | Dec 12, 2013 | Bookkeeping Tips, Business Development, Profitability Tips
Many small business owners focus on generating more revenue every year, and that’s a great objective. But not all revenue is created equally. If you sell more than one product or service in your business, then you can benefit from looking at your revenue mix....