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Average Rating:
⭐⭐⭐⭐⭐
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Behind On Your Books,
Business Owners?

Let Me Rescue Your Financials Today!

Behind On Your Books,
Business Owners?

Let Me Rescue Your
Financials Today!

As a business owner or company executive, you have a lot on your plate, but there’s one responsibility you must take seriously. 

Your financials. 

Without an accurate, spot-on view of your financials and a deep understanding of your operation, you’re in unknown waters without a way to navigate your ship to shore. 

This is why accounting for a business is so important for your operation. Your books in accounting must be spot-on and accurate for you to keep growing and reach the level of success you’ve set for yourself, your company, and your future. 

With this being said, that’s why I’ve put together this list of seven business accounting tips for owners and executives, but…

If your books are a mess or you’re behind on taxes, your risk of failure, bankruptcy, and closing your company’s doors is significantly higher. 

Let me rescue your financials and bring your books current – the very first time. Call me, now!

7 Business Accounting Tips

It’s no secret that cash flow is the lifeblood of your business or company. Without it, you’re sunk. That’s why I’ve put together these seven business accounting tips for you to consider: 

#1. Check Cash Position Daily 

Cash is the fuel for your business. This is why before you start the day, you should check your cash position. Yes, do this daily. You never want to be running on or near empty. Also, you want to know if you’re nearing empty so you can act appropriately. One of the most dangerous business killers is to hear, “Sorry, but you’re out of cash.” Know your money. Create your success. 

#2. Record Transactions Weekly 

You should be using some kind of accounting software for your business or company. If not, get one. Inside your software, you need to record and reconcile your transactions at least once per week. Could you do it bi-monthly or monthly? Yes, but that increases the likelihood you make an error or miss something vital that changes your cash position or financial awareness weeks down the road. Don’t let having software make you lazy. Take care of your transactions. Know where your business stands financially at all times. 

#3. Document and File Receipts Weekly 

Collect, organize, document, and file your receipts every single week. Don’t wait longer. Paper tends to find its way “out of the pile” if you let that pile get too high. Also, the routine of filing weekly allows you to keep your company’s “paper trail” up-to-date and accurate. This helps keep you aware of your financial position, as well as helps when you get audited by the IRS. Yes, you will get an audit, but your organization and systems will save you. Keep organized. Keep more cash. 

#4. Review Unpaid Bills From Vendors Weekly 

Do you have an “unpaid vendors” folder? You should. Keep a record of every single vendor you work with, whether one time or ongoing. You want their name, address, phone, and relevant business information. The contract you have with them is important, too. Why keep all of this “on hand” for your company? This helps keep tabs on who you’re paying and who you still owe. You’d be surprised how often I find vendors still getting paid that are not rendering service for a client when I clean up their books. Know your vendors. Know your expenses. 

#5. Pay Vendors and Sign Checks Weekly

Earmark your calendar for when to pay your vendors. Make sure they’re paid on time so you can avoid penalties. Also, if you pay vendors early, you can get preferential treatment when it comes to your projects. This means vendors will work on your projects first before anyone else because you paid early. Stay on time or ahead of your vendor payouts. Keep cash flow moving. 

#6. Prepare, Schedule, and Send Invoices Weekly 

Cash flow is the fuel for your business. Make sure you are preparing, scheduling, and sending relevant invoices every single week. Missing this is the second biggest mistake you can make as an owner or executive. The first mistake? Letting your books get behind and putting yourself in the IRS crosshairs. Send out invoices. Keep cash flow positive. 

#7. Project Cash Flow Weekly

The second worst nightmare is not having enough cash to push your operation forward. Running out of money can bring your business to its knees. The biggest nightmare? Getting a letter from the IRS. Stay out of the IRS’ crosshairs and project your cash flow out a few weeks to a few months, so you know what you can spend and what you’re paying out. This keeps you ahead of the game.

Start with these seven accounting tips to get your books and financials back on track. 

But, if your books are a mess, let me rescue you and your business or company!

How Do I Outsource My Accounting for a Third of the Cost?

Behind on your books? IRS letters flooding your mailbox? Not sure how to get your financials back on track?

I’m your local, expert outsourced accounting department. I deliver accurate, spot-on reports so you know exactly where your business stands. 

Outsource your accounting department to me, the Top Rated Local® Expert Accountant, for a third of the cost!

“EFFICIENT, RELIABLE, FRIENDLY & ACCESSIBLE!"

⭐⭐⭐⭐⭐

I am so happy I found Kendra and her bookkeeping and CPA services! They have been so efficient, reliable, friendly and accessible. I was previously with another company for 30 years and do not regret making this change.

-Jan P.

“PLEASURE TO WORK WITH!"

⭐⭐⭐⭐⭐

My company engaged Kendra for bookkeeping and accounting services and I am very happy that we did. Kendra is a pleasure to work with and always accommodating via phone or on our Zoom meetings.

-Londin H.

“OUR FINANCIAL SAVIOR."

⭐⭐⭐⭐⭐

Furever Bookkeeping has been our financial savior. Our small business went through several bookkeepers before hiring Furever Bookkeeping. Furever Bookkeeping has been responsive, adaptable, and provided excellent communication throughout the pandemic. The level of customer service we have experienced is unmatched for a small business such as ours.

-Orman M.

“KENDRA BROUGHT YEARS OF MY BUSINESS’S FINANCIALS CURRENT AND BALANCED MY BOOKS QUICKLY.”

⭐⭐⭐⭐⭐

Kendra brought years of my business’s financials current and balanced my books quickly. She and the whole furever bookkeeping squad know what they’re doing. Helped my business exponentially.

-Charlie U.

“I CAN ASK HER ANYTIME WHERE WE STAND FINANCIALLY AND SHE CAN TELL ME INSTANTLY.”

⭐⭐⭐⭐⭐

Kendra served as our law firm’s outside, independent bookkeeper. When she started working for us she inherited financial books that were a complete mess. She was able to straighten them out and, since then, has kept our books accurately and complete. I can ask her at anytime where we stand financially and she can tell me instantly. She is very personable and a delight to work with. During her tenure working with us, even though she was an independent contractor, she became our firm’s CFO. I do not hesitate to recommend her.

-Fred P.

“KENDRA AND HER TEAM ARE GEMS.”

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The entire Furever Bookkeeping team helped my Consulting Firm and me streamline our Accounting system using technology for efficiency sake. This saved us a ton. Kendra and her team are gems.

-Patricia F.

“KENDRA HAS BEEN INSTRUMENTAL FOR OUR BUSINESS.”

⭐⭐⭐⭐⭐

Kendra has been instrumental for our business. If you are looking for an accounting team that is professional, timely, and great at communicating call Furever Bookkeeping. They were a life saver for my company!

-Renee D.

“KENDRA’S TEAM IS TOP NOTCH AND RECONCILED BACK YEARS UNDER BUDGET.”

⭐⭐⭐⭐⭐

Kendra’s team is top notch and reconciled back years under budget. Thanks to the entire team. We continue to grow as a direct result of her knowledge and strategy.

-Brian D.

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Kendra Moore
Owner/Master Bookkeeper
Expert Accountant

Clients

Our clients range in annual revenue from $200K up to in excess of $75M+. Simple or complex financials across MULTIPLE industries are our Core Capabilities.

About Us

Furever Bookkeeping, LLC brings 15+ years of Expert Bookkeeping & Master Accounting to each of our clients. Kendra Moore and her team have over 37 years experience in: Bookkeeping, Accounting, Banking, along with experience as previous Business Owners.

Our Certifications

We are approved Accounting & Bookkeeping Federal Government Contractors, DUNS #079524284, as well as for the State of Maryland, NAICS #541219.

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