As the first quarter of 2023 draws close, many business owners and office managers ask themselves the same question: How do I navigate closing out my financials? Those unfamiliar with this process may feel overwhelmed with where to start and what numbers to look for. But, have no fear! With a few easy steps, you […]

As a business owner or office manager, you’re responsible for the business’s financial integrity. To that end, a helpful guide on how to close the books and complete year-end financials for 2022 would probably come in handy. Whether you’re doing it yourself or working with an accountant, this article will help ensure that your finances […]

Small businesses must contend with various challenges to success. First, entrepreneurs face economic, supply chain, and regulatory compliance issues. Additionally, you must determine where and how to focus on required tasks, such as HR management, payroll, and tax services. What do these tasks entail, how much time do they require, and does it make sense […]

GAAP stands for generally accepted accounting principles. GAAP is the basis for accounting rules, policies, and procedures. While GAAP rules apply to many things, one area includes accounting procedures. In other words, businesses can choose from three main types of methods to run the business. In this post, Bayou Bookkeeping & Tax Services explains each […]

Small businesses face many challenges. As it so happens, most challenges seem to be financial in nature. Or, at least the challenges faced present financial risks and repercussions. Bayou Bookkeeping & Tax Services supports small businesses daily with professional bookkeeping and financial services. Consequently, we keep a finger on the pulse of what keeps business […]

As we near the end of the first quarter, it’s time to close the books on 2021. This process can be daunting for business owners, but it doesn’t have to be. Here at Bayou Bookkeeping & Tax Services, we want to help you finalize your previous year’s transactions/journal entries, finalize your financial statements, and close […]

Another year and another chapter are about to close, and you know what that means. It’s time to put a bookend on 2021 finances. Before you know it, 2022 will be here, which means your focus should be on financial forecasting and goals. But first, you’ll want to perform your 2021 tax filing. In this […]

Many businesses rely on Quickbooks for their bookkeeping, but the software offers additional features, too. In our last blog, we covered the product’s initial setup and features. In this article, Bayou Bookkeeping & Tax Services dives deeper. Keep reading to discover tips on invoicing and more in this guide to Quickbooks.

The software is ubiquitous; still, not everyone understands all of its tools or how to use them. Small businesses and sole proprietors often choose Quickbooks as their bookkeeping solution. At Bayou Bookkeeping, we provide bookkeeping and professional accounting services. At the same time, we train business owners to navigate and use the system themselves, too. […]