Bookkeeping

The term bookkeeper itself says much of what the job is – keeping books, recoding the inflow and outflow of money. As simplistic as this may be, there is a lot more complexity in just “keeping books” and there are a number of additional tasks many bookkeepers take on for their clients. One of the benefits of taking a bookkeeping program is learning about the various areas where a bookkeeper can expand their business.  Here are five services a bookkeeper might provide: 1.       All bookkeeping courses online in Canada are going to teach the basics of bookkeeping and this is obviously the first and most important service that a bookkeeper provides. This is the “keeping books” part of things and it involves an understanding of basic accounting principles and practices and includes activities like recording transactions, creating financial statements, preparing year-end documentation and other elements.  In today’s era where software-based ac...

Bookkeeping is an essential part of any business and is necessary to manage the finances and smooth operation of any business. This is true for all business owners as it performs a  crucial role in business management. It is also a great career choice if you are considering a new career as bookkeepers can very easily be self-employed and work from home or work in accounting or business offices. You can now take a live online bookkeeping certification program to become a qualified bookkeeper. Ashton College is one of the reputable institutions offering a live online bookkeeping program which is accredited by The Canadian Bookkeepers Association This live online bookkeeping program helps individuals understand Canadian bookkeeping standards. It is a smart choice to enroll in Ashton’s Live Online Certificate in Bookkeeping Program as it teaches you various bookkeeping techniques and practices, all without attending traditional classes.  Through this online program, bu...

There are many bookkeepers helping businesses today who are okay or good, but not great. Perhaps they like numbers but not people, or maybe they became bookkeepers simply because they were good at math or because it was what one of their parents did as an occupation. Most people want to be the best they can be in their career and bookkeepers are no different! There are a number of skills you can work on (or may already have) that are likely to move you from a bookkeeper people describe as “just okay” to one they call “fabulous”. No matter how you approached the field of bookkeeping, having certain skills are bound to push you ahead and make you THE bookkeeper businesses want to work with. We’ve narrowed the top skill list down to five. Do you have these top five skills? Or is it time to looking into bookkeeping course in Vancouver that help you build and hone these skills? 1)       Ability to embrace technology. Decades ago, bookkeepers needed to...

If you’ve just started a small business or thinking of starting one, consider hiring a qualified bookkeeper to handle your accounts, someone who has completed a bookkeeping certification program. However, if you believe it may be too early to bring a bookkeeper on board and for the time being, wish to take care of your bookkeeping needs yourself, you will want to get the best accounting software for your business. Plenty of accounting solutions , such as QuickBooks, FreshBooks, Wave, Sage50, Xero and more, are available in the market today. Before choosing the software you want to work with, you may look at the features it offers, your needs, budget, user interface, whether it offers customization, and so on.   It can be challenging to zero in on the solution that works for you, but you need to spend some time picking the one, as a good software will make your life so much easier. Listed below are a few things you should consider or keep in mind before making a purchase. D...

Everyone has their reasons for choosing one type of accounting software over another. After all, no two businesses are the same, just like no two bookkeepers are. That being said, there are many options available, and it’s worth looking into all of them – free ones like Wave, ZipBooks or paid ones, such as Quickbooks or FreshBooks. Certainly, price is a factor, and free can sound like a pretty good deal, but as the saying goes – “there’s no such thing as a free lunch.” Longevity While some free software options have been around a long time and are reliable to a certain extent, some aren’t. Others may even fail in the coming years. When you’re looking for a tool to record, store and report on the financial aspects of your business, you need to trust that this tool will be around for the long term. No one wants to open their inbox and get the news that their software is shutting shop or merging with another software provider, changing everything. Support When you need help ...

The gig economy is growing. The term gig, which was typically used when referring to musicians, has now become ubiquitous. While writers, artists and business consultants have been freelancing for years, recently more and more bookkeepers have been turning to freelance as well. Gone are the days of the standard nine-to-five routines while being tied to a cubicle or a desk. By becoming a freelance professional, bookkeepers can work flexible hours and from anywhere in the world. They can provide professional bookkeeping services remotely while being able to set their own rates and choose who they want to work with. It’s not surprising that many professionals have already made the switch or are in the process of doing so. Here’s how you too can become a freelance bookkeeper: Get the relevant education Getting a bookkeeping certification is one of the most effective ways to achieve success as a freelancer. Whether you have no experience or come with years of experience as a bookkeepe...

The blog will cover the reasons why businesses and entrepreneurs should hire a qualified, professional bookkeeper. Not doing so could result in a lot of avoidable problems. As a small business owner or entrepreneur, your hands are always full. From managing your employees to marketing, from business development to budgeting, there’s nothing that’s outside your purview. All this is great, however, multiple responsibilities can get overwhelming, making it easy for cracks to appear in critical areas of your business. Even a professional juggler can only handle so many tennis balls or clubs. One more and that may be their downfall. When it comes to your business, there’s no doubt that financial clarity is pertinent; a sort of a financial snapshot of money flowing in and out each day, week, month and year. Other things such as marketing, for example, can be put on the backburner, but not your finances. It’s the life-blood of your business. Lack of financial clarity can c...