Accounting Is More Than Numbers – Who’s Who in Accounting The world of accounting is populated with lots of players. There are the people who put the numbers together, the people who analyze and report on those numbers, and the people for whom those reports are compiled. Having a handle on who does what can … Read more
Accounting Is More Than Numbers – Different Versions for Different Reasons In addition to you, there may be a lot of people who want to see how your business is doing. This includes your own employees, who may need to track particular numbers to get their jobs done; your accountant, who needs the numbers in … Read more
Accounting Is More Than Numbers – Who Uses Accounting Information? Accounting information is used by virtually everyone, in every job, at home and at work. Every time you get a bank statement or a credit card bill, it’s accounting information. Every time you look at your homeowners’ association annual budget, it’s accounting. Every time you … Read more
Accounting Is More Than Numbers – Accounting Versus Bookkeeping Accounting and bookkeeping are related in the same way as recipes and ingredients. Ingredients are the raw materials you need to create a meal; bookkeeping provides the raw materials you need to develop useful financial reports. A recipe takes that pile of ingredients and tells you … Read more
Accounting Is More Than Numbers – Tracking and Measuring Success When you first dreamed of starting your own business, you may have thought about happy customers, the luxury of being your own boss, or building a nice chunk of wealth for your family. All those things are possible, once your business starts to take off. … Read more
Accounting Is More Than Numbers – Top Ten Accounting Mistakes 1. Not knowing your true cash balance: Due to things like automatic payments and bank charges, money that appears in your cash drawer and your checking account may already be spent. 2. Extending credit without checking credit: Until you collect some basic credit information about … Read more
52 Simple Ways to Manage Your Money – 52. For Singles Only – Solo Flight What it is … Making financial decisions as a single individual with your own well-being in mind. How it helps … You never have co compromise. You never have co answer to anyone. Planning can be easier. You become self-reliant … Read more
52 Simple Ways to Manage Your Money – 51. Togetherness – For Couples Only What it is… Ideas for couples to help them better handle their money— jointly and singly. A nonthreatening environment that encourages communication is the key. How it helps… It saves marriages and eases tensions. It creates partnerships through the synergy of … Read more
52 Simple Ways to Manage Your Money – 50. Men Don’t Peek – For Women Only What it is … Financial considerations and traditions that are generally unique to women. How It hurts… Traditional rules discourage independent thinking. Financial savvy is not as highly valued. Income for women is generally less than income for men. … Read more
52 Simple Ways to Manage Your Money – 49. Women Don’t Peek – For Men Only What it is … Gender specific concerns and habits regarding money. How it helps… Traditional rules discourage independent thinking. Financial responsibility may not be equally shared. You may feel burdened and/or exploited. Key items to look for… Your assumptions … Read more
