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Eddie Lamb's Articles in Bookkeeping

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How Business Bookkeeping Can Make Budgeting Easy Small business owners generally fall into two categories. There are the business owners that let their accounting tasks, invoicing, and payables pile up on their desk - or even in a shoe box, until they're forced to face the music. Usually this happens around tax time. Tips For Creating A Business Budget Creating a business budget is very similar to creating a personal budget. However there are some differences. When you own a business, taxes are not directly taken out of your income, which makes your income and any quarterly tax payments extra important to track. Budgeting - Where Do I Start? The thought of putting yourself and your family on a budget can often feels overwhelming for many. The truth of the matter is that not having a budget, operating with financial blinders on, is much more overwhelming than creating and sticking to a budget. Budget Is Not A Bad Word Sit amongst a group of friends and associates and mention the word budget, and suddenly everyone has somewhere else they need to be. Usually no one wants to talk about budgets, no one wants to think about budgets, and no one wants to follow a budget. Do I Need An Accountant To Create A Business Budget? I'm a big fan of accountants, but that's mostly because I don't like taking the time to figure things out. When it comes to money, I'd much rather listen and follow the advice of an expert than to try to learn it on my own.

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