Financial Reporting – Profit and Loss Statement

It is important to know the financial state of your business. We know that reading these financial reports may not be as simple as one would think. For this week’s Financial Reporting topic, let’s focus on the biggest one of all – the Profit and Loss Statement.   What is a P&L Statement? A Profit […]

QuickBooks Bookkeeping Services

Diversified Business Solutions provide QuickBooks Bookkeeping Services to businesses. We believe that you should spend your time making money, not accounting for it. Every business owner know that as business start to grow, it’s probably good idea to look into outsourcing certain areas of the business. Outsourcing your accounting needs will not only help you get […]

Year end Accounting

Year End Accounting It will practically wake you from your peaceful slumber dreams of a winter vacation to Hawaii (or Iceland, we don’t judge). It will make you pace back and forth, talk to yourself, and eventually be the cause of forgetting to stop in mid day to grab lunch. What is this dreadful event? […]

Streamline Your Accounting

Do you need to streamline your accounting? Are you tired of going through piles of accounting records? Do you get frustrated when you fail to deliver financial reports on time? Or are you going crazy due to the numerous inaccuracies and errors that pop up in your financial statements? Well, here are a few tips […]

Bookkeeping Services

Bookkeeping Services Is your bookkeeping tasks keeping you up late at night from a long day’s worth of work? Do you find yourself spending too much time going through the books? If so, then you have come to the right place! You are among many people who are being driven up the wall by an […]

Xero vs QuickBooks – Choosing Accounting Software

Xero vs QuickBooks Overview You are running a small business, but sometimes the business looks like it’s running you, as you spend much of your time doing the administrative work, rather than running your business. You are hearing multiple things about which accounting software to choose, Xero vs QuickBooks. QuickBooks has been around forever, but […]

Tax Planning For Your Business

Tax planning is very important since it affects most aspects of the lives of business people as well as the people in employment. It becomes even more important when you are also doing tax planning for your business. Some people make a mistake of waiting until specific time of the year before they concern themselves […]

Afraid of Year End Accounting For Your Business?

Hire A Bookkeeper If… You’re Afraid of Year End Accounting For Your Business In a couple of weeks it will be November. We can’t believe it either! Don’t let year end accounting for your business fear you! One of the reasons business owners hire bookkeepers is because we aren’t emotionally attached to the money. We […]