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What is Account Payable and Why is it Matter?
Accounts Payable 101 Basically, Accounts Payable is the money your business owes. Your business needs lots of things to be in business:...
Jun 15, 20204 min read


HOW TO PREVENT YOUR PERSONAL MONEY HABITS FROM AFFECTING YOUR BUSINESS
We all have bad money habits. It’s the fact of the matter – we are just human. As business owners, unfortunately, we likely learn money...
Jun 14, 20203 min read


TAX RETURN DUE DAY IS COMING. WHAT SHOULD YOU DO?
Due to Covid-19 crisis, the never-ending tax season now has postponed and extended its deadline to July 15. Taxpayers, it's nearly time...
Jun 11, 20202 min read


Understanding the Statement of Cash Flows
What is Cash flow statement? Cash flow statement also referred to as Statement of Cash Flows is one of three main financial reports that...
Jun 10, 20204 min read


California Sales Tax Increase - Irvine Newest Sales & Use Tax Rate
New Sales and Use Tax Rates Operative July 1, 2020 The tax rate changes listed below apply only within the indicated city or county...
Jun 8, 20201 min read


Affordable Bookkeeping with Irvine Bookkeeping
As a business owner, you sure can do your own bookkeeping, Just make sure it’s consistent habit. It’s just like: doing laundry every...
Jun 7, 20201 min read


Paycheck Protection Program (PPP Funds) – Which way to record properly in QuickBooks Software
Now, we hope that you have received PPP funds to support the business. It is time to think about what you should do after receiving the...
Jun 7, 20205 min read


Paycheck Protection Program Loan – You got it and now what?
1. Review the Requirements of PPP Congratulation! You got PPP loan for your business. Before using, let’s review all the requirements to...
Jun 7, 20204 min read


5 Rules of Writing Off Meals And Entertainment Costs
Many business owners believe that just because there is a line item on the tax return for meal deductions that just about any dinner or...
Jun 2, 20203 min read


10 Bookkeeping Tips Can Be Used Year Round
Accounting can be tedious for any business, but if your small business doesn’t keep tight books it can make your taxes a nightmare....
Jun 2, 20203 min read


Why Are Accounts Payable and Its Management Important?
This is the world in which you hurt yourself if you could not manage accounts payable effectively. Why? Well, firstly, invoicing is the...
May 31, 20202 min read


Combine Bill.com and Quickbooks Online To Achieve Account Payable Victory
It’s no secret that accounts payable can be one of the biggest pain points in the corporate office. Not only is the A/P workflow fraught...
May 24, 20203 min read
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