Category Archives: Bookkeeping Tips

A small business guide to financial statements by Glass Consulting, LLC

A wonderful feature of most accounting systems is the financial dashboard. The dashboard gives you a quick assessment of your business by providing key pieces of information at a glance. You’ll see vital statistics regarding accounts receivable, expenses, and a … Continue reading

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Did You Collect the Needed W-9s?

Article Highlights: • The IRS Form W-9 is used to obtain independent contractors’ tax ID numbers. • Tax ID numbers are required when filing 1099s. • 1099-MISCs must be issued to independent contractors that are paid $600 or more during … Continue reading

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Five Best-Practice Accounts Payable Tips for a Smoother Cash Flow

Watching the cash balance is one of the most frequent activities of a small business owner.  Besides making sure you have enough cash for payroll and bills, there is another huge opportunity you can benefit from: lowering the cost of … Continue reading

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