How to Start an Online Bookkeeping Business: Your Step-by-Step Guide for 2025
Ever thought about diving into the world of online bookkeeping? Well, 2025 might just be your year to shine! With businesses everywhere scrambling to keep their finances in check, there’s never been a better time to step in and offer your services. This guide will walk you through starting your own online bookkeeping business, from […]
Chaos Averted: Employer.com Acquires Bench Accounting After Abrupt Shutdown
In a surprising turn of events, Bench Accounting, a Vancouver-based bookkeeping startup, abruptly shut down its services on December 27, 2024, leaving thousands of small businesses without access to their accounting and tax documents. Just days later, Employer.com announced its acquisition of Bench, promising a seamless transition for affected customers. Key Takeaways Bench Accounting shut […]
Bookkeeping Blunders Spark Financial Turmoil Across Multiple Local Governments
Recent bookkeeping errors have led to significant financial repercussions for various local governments and organizations, highlighting the critical importance of accurate financial management. From returning federal grants to uncovering budget shortfalls, these incidents serve as a wake-up call for municipalities to reassess their financial practices. Key Takeaways Bookkeeping errors have resulted in substantial financial losses […]
Unlocking Success: How the American Institute of Professional Bookkeepers Can Transform Your Career
Thinking about giving your bookkeeping career a boost? The American Institute of Professional Bookkeepers (AIPB) might just be your ticket to success. This organization offers a way to stand out in the crowd with credentials that mean business. Whether you’re just starting out or looking to climb higher, AIPB provides tools and connections that can […]
Bookkeepers Under Fire: A Surge in Embezzlement Cases
Recent investigations have unveiled a troubling trend of embezzlement cases involving bookkeepers across various organizations. Notably, two significant cases have emerged, highlighting the vulnerabilities in financial oversight within both retail and educational institutions. Key Takeaways Two bookkeepers charged with embezzling significant amounts from their employers. Cases reveal weaknesses in financial controls and oversight. Legal proceedings […]
Unlocking Success: Insights from the Bookkeepers Conference 2024
The Bookkeepers Conference 2024 was a whirlwind of ideas, laughter, and tech talk. Bookkeepers from all over came together to share stories, swap tips, and figure out how to make their jobs a little easier—and maybe even a bit more fun. Between sessions on AI and cloud accounting, there were plenty of laughs and networking […]
Revolutionizing Bookkeeping: The Rise of AI Solutions
In recent months, the landscape of bookkeeping has been transformed by innovative AI solutions, addressing the growing demand for efficient financial management among small and medium-sized businesses (SMBs). As entrepreneurship surges in the U.S., the need for automated bookkeeping services has never been more critical. Key Takeaways The rise of AI-powered bookkeeping solutions is addressing […]
Mastering Financial Health: How to Keep Track of Business Expenses Effectively
Managing your business expenses is crucial for success. It helps you understand where your money is going, allows you to make informed decisions, and ensures you stay compliant with tax laws. In this article, we will explore effective ways to keep track of your business expenses, helping you build a solid financial foundation for your […]
Top 10 Essential Bookkeeping Tools for Freelancers in 2024
Freelancers often juggle multiple tasks, and managing finances can be tough. Luckily, there are many bookkeeping tools that can help streamline this process. In 2024, having the right software can make a big difference in how freelancers handle their finances. This article highlights the top 10 essential bookkeeping tools that can simplify your financial management […]
Effective Strategies for Reducing Accounting Errors in Your Business
In today’s fast-paced business world, keeping accurate financial records is crucial. Mistakes in accounting can lead to significant problems, including financial losses and legal issues. This article explores effective strategies for reducing accounting errors in your business, ensuring that your financial practices are both efficient and reliable. Key Takeaways Implement checks and balances to prevent […]