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Can Your Business Survive Without Proper Financial Management?

In the busy world of entrepreneurship, every decision, every move, and every penny counts. It's a world where success and failure are often based on a delicate balance of strategy, innovation, and most importantly, financial management. Still knowing the importance,...

11 Common Mistakes People Make When Analyzing Balance Sheets?

Analyzing balance sheets is an important aspect of financial assessment for investors, creditors, and analysts alike. It offers a detailed view of a company's financial position at a specific point in time, providing insights into its assets, liabilities, and equity....

Profit and Loss Analysis: the Blueprint for Building a Financially Sound Future

In the ever-evolving landscape of finance, where the tides of economic uncertainty subside and flow, one key tool emerges as an example of clarity: the Profit and Loss (P&L) analysis. Often indicated as the bedrock of financial management, this complicated report...

Why Your Business Does Needs Professional Bookkeeping and Advisory Services?

In the business world, every decision counts. Whether it is about managing finances or strategizing for growth, every aspect requires attention to detail. During the hustle and bustle, bookkeeping often gets ignored, yet it serves as the backbone of any successful...

How Customized Financial Reports Can Transform Your Wealth Management Game?

In today's fast-paced and complex financial landscape, effective wealth management requires more than just basic number crunching and generic advice. It demands personalized strategies tailored to individual financial goals, risk tolerance, and unique circumstances....

Meet the new Details Matter Bookkeeping & Advisory

We are #notyourtypicalbookkeepers and we want everyone to know it.  Our clients already know that we provide much more than just the basic data entry required when you think about "bookkeeping".  We truly care about our clients - we get excited about their successes...

Work Smarter, Not Harder

Here at Details Matter we truly embrace the phrase "work smarter, not harder"  We do this by employing an amazing tech stack to make our lives and yours so much easier.  We are so excited to announce our newest partnership with Bill.com.  Bill.com is an amazing tool...

Employee or Independent Contractor?

I hope you aren’t sick of me talking about 1099s yet, because we still have more to talk about!  Let’s talk about the difference between a 1099 contractor and a W2 employee.  Many small businesses hire additional help as contractors because they either don’t want to...

CashApp/Venmo 1099-K Rules Postponed

It’s 1099 season for us, so we’ve been closely monitoring any changes and making sure our clients are reporting to the best of their ability.  In recent years, business owners have no longer needed to send 1099s to those individuals/small businesses that they paid via...

LastPass Security Breach

We’ve just been notified of further details of the recent security incident involving LastPass, a password management software.  Details Matter Bookkeeping uses this software to securely keep all of our client logins.  LastPass has a zero knowledge architecture, which...

2023 Deduction Changes

As the end of 2022 continues to fly by, I’m getting updates on some of the changes that will be happening in 2023.  I will keep you updated as I come across new rules, but here are the ones I’ve heard about so far.  We keep up with these rules and make sure that we...

3 Reasons to Separate Business & Personal Finances

Why is it important to keep business and personal finances separate?  Many business owners struggle with this distinction.  Using business money to pay for personal expenses or paying for business expenses on personal accounts can really hurt your business.  Here are...

For the love of tax deductions…

For the love of tax-deductions, please keep your receipts!  Write notes on them if you need to.  The IRS will NOT accept bank or credit card statements as substantiation for expenses if you are audited.  You have to show the business purpose of the expense.  If you...

How are we different?

I’m so glad you asked!  I do like to think we do things a little differently here at Details Matter Bookkeeping.  To start, we do not do hourly rates.  This was just a mess for both me and the clients back when I was first starting out.  They never knew what their...

Why choose QuickBooks Online?

Should I switch to QuickBooks Online?  Is it really that great?  My CPA hates it.  Well first, that’s why we have a job.  But second, it’s not for everyone.  There are certainly industries and situations where it’s not the best fit.  And if you’ve been using desktop...

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