Browsing All posts tagged under »Bookkeeping«

Accounting Tips for Start-ups and Young Companies – Part 2

September 13, 2013

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Here are our final three accounting-related recommendations for the owners of new up or young companies. 4.  If you have employees, hire an outside payroll company.  When you hire your first employee, it’s time to hire Paychex or other reputable payroll company.  An outside payroll company will handle all the pay and tax calculations, create physical paychecks or […]

Accounting Tips for Start-ups and Young Companies – Part 1

September 12, 2013

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We’re asked for accounting-related advice by business owners for their start-up or young company.  We have six recommendations.  Here are the first three and we’ll describe three more in our next post. 1.  Open and use a dedicated business checking account.  Open a separate checking account in the business name, and pay all your business expenses […]