OSYB Blog: Number Crunch!
News and Views from OutSource Your Books, LLC
QuickBooks Starter Tips
July 31, 2017 by Ed Becker
If you are new to QuickBooks or new to bookkeeping, there are some things you should know before getting started. Hopefully, you have some bookkeeping background because taking on this task can be overwhelming. QuickBooks is quite user friendly and has many tutorials and courses that you can easily access. But without a basic understanding […]
Bookkeeper vs. Accountant-Why Your Small Business Needs Both
July 24, 2017 by Ed Becker
“Bookkeeping is designed to generate data about the activities of an organization,” said D’Arcy Becker, CPA and chairwoman of the Department of Accounting and Finance at the University of Wisconsin. “Accounting is designed to turn data into information.” As a small business owner, you may or may not have a bookkeeper on staff. You may […]
Why Does Your Small Business Need a Bookkeeper?
July 17, 2017 by Ed Becker
Would you perform surgery on yourself? In the same vein, you would probably not replace a roof or furnace in your home, unless you were a roofer or HVAC professional? It would then most likely follow that you would not risk trying to keep your own business’s books, if you are not a professional bookkeeper […]
Putting Ourselves First
June 19, 2017 by Ed Becker
As business owners and entrepreneurs, we usually are last in line for attending to ourselves. We work very long, exhausting hours trying to get ‘everything’ done. Which is an oxymoron, because everything is never done. Burn out rates and business failure stats are high because the candle gets burned at both ends. We don’t make […]
Alternative Streams of Income Part 2
June 12, 2017 by Ed Becker
In part 1 of this topic, we explored why alternate streams of income are so important. We also defined the 5 types of income and how a stream could change from one type to another over time. In Part 2, we will discuss the actual streams you can add to your financial arsenal. These will […]
Alternative Streams of Income
June 5, 2017 by Ed Becker
“Don’t put all your eggs in one basket”. We have all heard this quote our whole lives, but what does it really mean? And just how do you juggle more than one basket of eggs at a time? For small business owners or entrepreneurs who already work long hours, many trading hours for dollars, it […]
Energy Tax Savings- Get Rewarded for Being Green
May 22, 2017 by Ed Becker
Many Americans are concerned about saving energy and money, being more green or eco conscious is a perfect combination. Making green choices saves you money as you can claim energy tax credits. If you have made improvements to your home or purchased certain appliances that are energy star rated, you may have been able to […]
Best Business Apps for 2017
May 15, 2017 by Ed Becker
We live in a digital era that keeps us constantly connected. It’s the same way in our business lives, as it is in our personal lives, and maybe even more so. Your business no longer clocks in and out from 9-5, and neither do you. But you also don’t want to be tied to the […]
