The Financial Reset Every Business Owner Needs to Start the Year Strong
If your business finances feel messy, you’re not alone. New year, fresh coffee, big plans… and then you open your books and feel that familiar knot in your stomach. Been there? You’re running jobs, managing people, answering phones — and somehow you’re also expected to be a financial wizard. Spoiler alert: most business owners aren’t. […]
Stop Overstating Your Income: Why Proper Invoicing & Deposits in QuickBooks Matter
Many contractors and small business owners accidentally inflate their income by skipping key QuickBooks workflow steps. Learn how proper invoicing, receiving payments, and depositing funds keep your books accurate and your cash flow healthy. Getting paid is the heartbeat of your business. How you track, accept, and deposit that money matters just as much as […]
The Chart of Accounts: The Backbone of Your Business
If your business were a body, the Chart of Accounts (COA) would be its spine — the structure that connects everything together. Every dollar you earn or spend flows through it. Without a solid backbone, your financial reports can’t stand upright or support smart decisions. Whether you run a construction company, a plumbing business, or […]
The Importance of Accurate Bookkeeping for Small Businesses
Running a small business comes with a host of challenges, from managing operations to delivering excellent customer service. Amidst these responsibilities, one critical area that often gets overlooked is bookkeeping. Accurate bookkeeping isn’t just about keeping track of numbers; it’s the backbone of a business’s financial health and a fundamental component of long-term success. What […]
The Benefits of Outsourcing Your Bookkeeping
In today’s dynamic and competitive business environment, maintaining control over your finances is more important than ever. For small and medium-sized businesses, managing bookkeeping internally can be both costly and time-intensive. As a result, outsourcing bookkeeping services has become a smart and efficient alternative. This approach allows business owners to concentrate on their core activities […]
Happy New Year!!
Our team at Mynell Counting House wishes you a very Happy New Year!! We are very excited to be back in the office and starting our new year out right. We are beginning the year with cleaning up QuickBooks files for our clients and closing out 2024 for the CPAs. Now is the perfect time […]
The importance of Internal Controls
Nowadays, breaches in company finances are rampant. Recently, the breach involving Microsoft created issues for many companies worldwide. We hope all those affected are managing to get through this challenging time. How are you protecting your company from scammers? It’s just a matter of time before we all become victims of one type or another […]