General Bookkeeping

July 13, 2021

The Basics of Reconciliation

What is Account Reconciliation? Account reconciliation is the process through which internal financial records are compared against monthly statements from external sources such as financial institutions to ensure that they match. This process helps to detect errors, discrepancies, and fraud. In short, through reconciliation, […]
July 13, 2021

The Fundamentals of GAAP

If you are in the business realm you most likely have heard the term GAAP, also known as Generally Accepted Accounting Principles, but you might still be unsure as to what it really means for you. This is where this blog comes in handy, […]
July 1, 2021

Auditing and Bookkeeping Blog

Auditing and bookkeeping are two words which circle around often when you’re a business owner, but if you’re new to all of this, it may seem quite overwhelming and you may not know where to start. We hope that here at Sound Bookkeepers, we […]
June 2, 2021

U.S. News on Crypto: Should Your Business Invest?

Get a clear explanation of cryptocurrency, how it works, and its pros and cons. See top picks from money.usnews.com/investing/cryptocurrency/slideshows.
June 1, 2021

What Are Interest Rates?

I owned a mortgage brokerage when the market collapsed in 2008. I was already familiar with mortgage rates, but this was the first time I saw fed rates fall to the floor.  It took 5 years for rates to start climbing again. Now we’re […]
January 5, 2021

Independent contractors vs employees

If you are going to hire employees, I strongly recommend using a payroll service. Currently I like Gusto and Sure Payroll for easy and inexpensive online services. I can help you set up an account with either of these, or with ADP, Paychex, Heartland, […]