Financial

Chart of Accounts – How to Create

July 5th, 2012 | by Jo Ellen Peters | 5 Comments »

Congratulations, you have started your own business.  You have purchased or rented property for your business.  You have furnished the space with everything you need to run your particular business.  You have hired employees to work for you.  Now you...

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Reimbursable Business Expenses

February 15th, 2012 | by Jo Ellen Peters | 5 Comments »

What exactly is a reimbursable expense?  It can be an expense a company incurs when performing work for a client, such as postage, mileage, meals.  It can also be an expense when an employee purchases either goods or services for...

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Can You Read Your Balance Sheet?

May 1st, 2011 | by Jo Ellen Peters | 1 Comment »

This is an easy question, isn’t it? Maybe not. You know the formula, Assets = Liabilities + Owner’s Equity.  As long as it is in balance then everything is okay, right? Maybe not. It is important as a business owner...

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