Hi Everyone! TGIFF! Thank you for coming by. Today we have a really fun topic to talk about, Invoicing! My first job after college was at a large company. I was hired as a financial analyst, and I was told I would be in charge of invoicing. Over the course of a couple of years, I handled over twenty different accounts. I had to understand each contract and how that contract translated into a billable invoice. In my role of a bookkeeper and as a small business owner, the s

This week’s Finance Friday is another addition of The Finergy Five! This week I am excited to bring you Five Financial Activities you should do every month. When you run your own business, there is a lot going on every day. It can be hard to keep up sometimes. Even when time is tight, you should do at least these five finance activities every month. If you find it hard to make the time, you can consider hiring a bookkeeper to help reduce the amount of time you need to spe

TGIFF! I am really excited about this Finance Friday entry. I hope you all enjoy it as much as I do. Today we are going to move from analyzing what has happened to predict what will happen. I worked as a financial analyst in corporate America for over eight years. In this role every month we went through what was called “The Close.” The Close is filled with long days of never-ending work. In finance and accounting, The Close process is used to record all the revenue and i

Welcome back to Finance Friday! Snowing in March, ugh, only thing worse is when it snows in April. At least we know the end of winter will soon be here! Instead of thinking about the snow, let's talk about finance! Today we are going to speak about cash flow. In February we look at different elements of business; revenue, accounts receivable, expense and accounts payable. Today we are going to look at the next step, cash flow. What is Cash Flow? Cash flow looks at how cash

Hey There, thank you for stopping by. We finally made it to March. I am so excited that spring will be here in just a few more weeks. Over the last couple of weeks, we have taken the time to review our revenue and expenses today we are going to pull those two concepts together and talk about profit. How did you do? Profit is seeking to answer the basic question of ‘how did your business do?’ When you are running a business, you want to understand this so that you can assess