The Potential Impact of Bad Debt on Your Business
Posted 22 April by Blaine Bertsch in Accounting, Bookkeeping, Cash Flow

Understanding bad debt and the impact of business write-offs.  Bad debt can negatively impact a business, making continuation or even just survival very difficult.  Businesses must make sure they do all they can to reduce their exposure to bad debt. Below we will explore what constitutes a bad debt and how businesses can reduce their […]

NEW: Client Advisory Services (CAS)
Posted 22 April by Jay Owen in Accounting, Advisory, Cash Flow, Dryrun Updates, Feature Focus

There is a new acronym floating around the halls of CPA Firms and Consulting groups.  Client Advisory Services (CAS) means more to businesses and their clients ─ it’s the new wave of advisory services that businesses need. Ride the wave with us… we’ll show you how! You’re probably already providing some form of advisory service […]

Tax Season is for beer money!
Posted 21 April by Barb Easter in Accounting, Advisory, Bookkeeping, Cash Flow

Now that we have your attention… No, we’re not saying all CPAs only work to afford money for beers. But the idea that many accountants and CPAs have recognized the importance of moving away from only doing taxes is not far off.  The sooner you stop focusing solely on compliance for your clients and embracing […]

After Tax Season, What’s Next?
Posted 21 April by Jeremy Burke in Accounting, Advisory, Bookkeeping, Feature Focus

So, what’s your next move?  It is estimated that 60% of accountants who make it through a tax season will leave their place of employment and move to another accounting firm just to do it all over again.  Break the cycle and take control of your career and your clients. Become an Advisor – not […]

Understanding the thought chain of handling an emergency cash shortage
Posted 14 April by Blaine Bertsch in Budget, Cash Flow, Entrepreneur, Small Business

The thought of going through an emergency cash shortage is at best, terrifying. Especially since for many businesses, if happened not so long ago due to the COVID crisis.  While businesses focused on protecting their employees as best they could, the underlying damage to the economy became stronger with every passing day. But one thing […]

What is Business Accounting?
Posted 14 April by Barb Easter in Accounting, Bookkeeping, Tools and Resources

An overview of business accounting and management accounting. Business Accounting and Management Accounting are more intuitive than general accounting. They consider more aspects of running a business than just keeping track of the numbers on a spreadsheet. In this article, we’ll provide some definitions of the different types of accounting, and how they are important […]

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