BLUEMOUNT BACK OFFICE BLOG

Jun 274 min read

Cash vs. Accrual Accounting: Understanding the Distinctions

As a small business owner, you can choose between two accounting methods for setting up and managing your bookkeeping: cash accounting...

Jun 266 min read

Eleven Strategies to Enhance Your Accounts Receivable Turnover

As a business owner, enhancing your accounts receivable turnover should be a top priority. The revenue from selling your product or...

Jun 254 min read

Guide to Double-Entry Bookkeeping

Double-entry bookkeeping, a core accounting principle, illustrates that every financial transaction your business undertakes has an equal...

Jun 236 min read

Payroll Deductions – What Should You Be Paying?

As of 2017, small businesses in British Columbia accounted for nearly 1.1 million jobs, representing 44% of the province’s total...

Jun 213 min read

Important Factors to Consider When Hiring a Bookkeeper for Your Electrical Business

Running an electrical contracting business is a demanding endeavor. You likely spend most of your days on the road, traveling from one...

Jun 214 min read

Four Key Factors to Consider When Hiring a Bookkeeper for Plumbing Business

Your extensive training and apprenticeship have turned you into an expert in plumbing systems and pipe fixtures. You have put in...

Jun 174 min read

Tips for Hiring an Excellent Bookkeeper for Your Business

Eventually, your business will likely need to hire a bookkeeper to handle your accounting data and tasks. Many business owners attempt to...

Jun 154 min read

Five Strategies for Enhancing Your Accounts Payable Process

In smaller organizations, it's common for accounts payable (AP) to be overshadowed by accounts receivable (AR). As a business owner, it's...

Jun 123 min read

What Are the Responsibilities of a Bookkeeper?

Every business requires a bookkeeper. Accurate bookkeeping not only provides insight into the financial health of your business, but also...