3rd Party Integrations Accounting for Landlords Accounting for RE Investors Bookkeeping Practices

Small Business & Bookkeeping – Time Tracking

Let me start with an apology. I am sorry I didn’t post last week. I want to jump right into it because with all the talk about COVID-19 and employers moving to a virtual working environment, this post is NECESSARY. By now employees are being clocked via badges issued so that when they scan it […]

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3rd Party Integrations Bookkeeping Practices

Small Business and Bookkeeping – Expenses

Tracking your expenses sounds easy, right? We all know that isn’t the case. It can be quite time consuming especially if using spreadsheets. If you are a high volume transaction business, finding the time to input that data can prove to be quite difficult and let’s face it, that task can simply get put off […]

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3rd Party Integrations Accounting for Landlords Accounting for RE Investors Bookkeeping Practices

Small Business & Bookkeeping – HubDoc

For small businesses, automation is a MAJOR key to succeeding. When you have to do everything on your own, having some powerful tools in your tech stack (software and apps used to run your business) to alleviate a lot of the data entry can be LIFE CHANGING. One of the tools that should be in […]

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3rd Party Integrations Bookkeeping Practices

Recording & Reconciling 3rd Party Merchant Payments

Discrepancies occur often with bookkeeping and one of the most popular I have seen is during the reconciliation with 3rd party payments. There is usually a 1-3 day turnaround before funds paid by a 3rd party are deposited into a business’ checking account. For example: Company A performs Jobs for Companies 1,2,and 3, respectfully, on […]

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3rd Party Integrations Accounting for Landlords Bookkeeping Practices Uncategorized

Efficiency: ACH for Rent Payments

In part two of the Efficiency series, I am going to discuss rent payments; specifically the most efficient way to receive payments that can “kill two birds with one stone” for your rental business. First let’s discuss the most common ways rent is paid. Cash – This method is a bit antiquated but still acceptable. […]

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