What Is a Fractional Bookkeeper? Definition & Examples
What is a fractional bookkeeper and how can I benefit from hiring one? Below we’ll talk about this versatile solution and what duties these bookkeepers can perform. Later on, we’ll also share some advice for looking for and working with these people. What is a Fractional Bookkeeper? As the name suggests, […]
Gross Merchandise Value (GMV): Definition, Examples, & Formula
If you’re here to learn about gross merchandise value vs revenue, you’re in the right place! We’ve put this post together to explain exactly that. Plus, we’ll give you examples and the formula to calculate it! Let’s dive in! What is Gross Merchandise Value (GMV)? Gross Merchandise Value is also referred […]
Bookkeeping Resources: 38 Guides, Tools, Sites, Courses, & More!
Are you looking for free bookkeeping resources or accounting resources to help you understand what to do for your business? Or, maybe you want information from bookkeeping books to learn how to better manage and support your bookkeeper? You might even be a bookkeeper looking for ways to hone your skills! Whatever the […]
11 Most Important Bookkeeper Skills to Look For When Hiring a Bookkeeper
I recently needed to level up in the area of bookkeeper skills for my business. I haven’t engaged a bookkeeper in a while, so I was unsure of how to begin. I started by asking myself some questions. One of them in particular really sparked my interest: “What are the top 3-5 skills […]
Top Line Revenue vs Bottom Line Revenue: Differences, Examples, & How to Analyze
It’s important to know top line revenue vs bottom line revenue. You can see a huge difference between them because what’s in between is expenses. In this post, we’ll walk you through top line revenue vs bottom line revenue. We’ll talk about what affects both numbers and how to calculate and manage them […]
What Are Long Term Liabilities? Explanation & Examples
Long term liabilities can be a positive or a negative for your business, depending on how you handle them. In this post, we’ll go over what they are, how they affect your business, and how to manage them. What are Long Term Liabilities? Long term liabilities are financial obligations that your company […]
20 Must Ask Bookkeeping Interview Questions (With Answers)
We find that many business owners struggle with bookkeeping interview questions. Most business owners are not financial experts, to begin with. Many will not even know enough about bookkeeping to know where to begin. In this post, we’ll give you 20 of our favorite interview questions to ask bookkeeping candidates. We borrowed these […]
10 Reasons Why Bookkeeping Is Important For Growing Businesses
You may wonder, “Why is bookkeeping important for a small business?” If you’re just starting out, shouldn’t it be low on your priority list? That begs the question, “Why is accounting important in business?” Or, for that matter, why is record keeping important in general? In this post, we’re going to go through […]
Bookkeeping Basics PDF for Small Business Owners
Wish you had a bookkeeping basics PDF with the essentials you need to know about doing your books? Your wish is our command! In this post, we will go through the fundamentals of bookkeeping from definitions to concepts and key processes. By the end you should have a foundational understanding of financial […]
A Comprehensive Bookkeeping Services Price List for 2023
We heard you, and we’re pleased to present our 2023 bookkeeping services price list! 1. Bench “Accurate financials. Total peace of mind.” Best For Bench is focused on helping small business owners to save time and money by taking over bookkeeping and income tax work so they can focus […]