Profit Matters Bookkeeping Blog

Blog

We are going to be writing about so much cool stuff to help you grow your business, understand your financials and extract actionable insights. Our team will share with you how cloud, robotic automation, machine learning and AI is changing the way accounting will be done in the future. Sign up for our newsletter and check out our blog every Wednesday. You will also find useful business resources and tools.

How Bookkeeping Mistakes Affect Your Tax Bill

In this day and age, businesses have many things to worry about – some include sales revenue targets, employee retention, laws, competition, just to name but a few. Now imagine this…You have a full-time accountant/bookkeeper who takes care of your books of account and only...

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Accounting: Our Best Technology

Today, technological advancements in the business sector are some of hardest to catch up with; in fact, according to a study conducted by Robert Half Management and published by Business Insider revealed that 41% of the interviewed CFOs cited tech innovations as one of the...

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Why Experience Matters in Bookkeeping

Running a business and wondering whether it is important or not to work with a bookkeeper who is experienced? Truth be told, some of the most experienced bookkeepers come with big-budgets while it is almost a guarantee that a less experienced one may be affordable....

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Taxes Don’t Have To Be As Scary As They Seem

Do you ever feel like taxes are that one nightmare you’ll never be able to wake up from? Perhaps you’ve finally yielded to the old mantra by Winston Churchill that says there is no such thing as good taxes. I get it; every once in...

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Where Are You Wasting Your Money?

Are you pouring each dollar your business makes back in hoping to break even sooner rather than later? Perhaps you even go that extra mile of ensuring the office has the perfect furniture, modern finishes, and a well-stocked kitchen just to keep your staff happy....

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Consider a Business Coach or Mentor

Whether you’re feeling stuck or just went into hyper growth mode, you may want to consider hiring a business coach. By Ashley Altum, COO, Profit Matters Even a coach needs a coach. I bet you haven’t ever seen one professional athlete that doesn’t...

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What are KPIs? 5 Financial KPIs you need to start using Today

If you were to be asked to gauge the performance of your business today using some verifiable metrics, would you be able to? If you would, well and good – but if, like most business owners and CFOs you’ll need some time to gather that...

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Is it safe to email things like financial statements and, even, bank statements?

Today, emailing is one of the most popular ways of communication within and outside the office. And when we narrow down to business communication, an average member of an organization sends at least one email per week. In this day and age, hacking has become...

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Why you should use a specialist who is singularly focused

Ever since our junior school years, we were taught about how good it was to be an “all rounded” individual who can fit in any sector or environment. In other words, we were encouraged to be jacks of all trades. Today, these kinds of people...

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5 Bookkeeping Tips for Entrepreneurs

For most entrepreneurs, the mere thought of taking part in managing their company’s books of accounts churns their stomachs. And if you dread it too, don’t panic, you’re not alone. Bookkeeping is perhaps one of those areas some business owners like to keep off and wait...

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