Beyond the Margins Podcast

A term often tossed around when discussing accounting or bookkeeping is the Chart of Accounts. I want to take some time today to make sure you know what it is and why it is important. But first let us look at a basic definition…The chart of accounts (COA) is an index of all the financial accounts in the general ledger of a company. In short, it is an organizational tool that provides a digestible breakdown of all the financial transactions that a company conducted during a specific accounting...

What a crazy world we live in. As scary as it sounds, it seems like telling the truth and being honest is an afterthought in today’s culture. I don’t want to get political but let’s just look at this election for example. Every media company is telling a different story, most likely based on their political affiliation. Each candidate is saying things about the other candidates that may or may not be true. As citizens, how are we to know what to believe anymore? Not knowing who to trust is a ...

QuickBooks Online (QBO) has been our preferred platform of choice for quite some time now. It is probably the most popular accounting package and it works very well for our clients and their needs. In this episode we break down the 4 reasons why we choose QuickBooks and also the 3 different plans that QBO offers.

Many people love the idea of delegation but have a hard time putting it into practice. As a business owner, I know how hard it can be to let go of control at times. We want things done a certain way and the only way to truly ensure that is to do it yourself. But is that always the best move? Lets first take a look at the definition of delegate…Entrust (a task or responsibility) to another person, typically one who is less senior than oneself.I want to talk about the importance of delegation f...

Starting a business can be a scary thing. Making the decision to head out on your own carries a lot of risk. Given the current situation of our world and country, I am sure the timing has never felt worse. However, I would argue that the timing is PERFECT to launch a new business. Lets discuss!

Getting “burned out” is a real thing. I have been there in the past and it can wreck even the very best of us. For me, my productivity and creativity suffered miserably. For some people it happens much quicker than others. Be aware of where that line is for you and make sure not to cross it. Having time to completely unplug from work needs to be it’s own kind of priority. I’m not saying that you need to take a 3-week vacation and leave your cell phone at home. But I am saying that you ne...

Starting a business can feel like a very daunting task. It seems like there are endless things to do just to get up and running. We’ve created a list of 10 questions that you must answer before you launch your startup in an effort to help make the process easier.

Have you ever seen a hawk flying in the sky with a few crows close on its tail, bothering it? I never really understood this. A hawk is much more fierce predator capable of destroying the crows if he chose to. But for some reason he doesn’t. He just continues flying and focusing on his task at hand. If you pay close attention, you will also notice that many times when a crow is by himself, smaller birds will follow him around and bother him. A little but of karma if you ask me.Why am I t...

As a professional, we owe a certain level of service to our clients. As a way to Quantify this, we have developed 10 promises that we make to all of our clients. These promises are the foundation of our business.

As your company begins to grow, one of the first people you look to hire is a bookkeeper. Maintaining strong financial records is crucial on so many levels. However, as your business begins to grow, you will eventually have the need for an accountant the next level up from a bookkeeper. This could be a controller, CFO or someone in an outsourced role. Just to be clear, this most likely will not entail replacing your bookkeeper, it will be simply adding to your team. So how do you know when it...