Essential Accounting and Finance Tasks . . .

By | October 25th, 2020|Accounting, Business, Taxes|

And when to do them. When it comes to making sure your business is running smoothly, there are a number of essential accounting and finance tasks you don't want to miss. If you haven’t already done so, consider adding these tasks to a checklist or system to make sure they don't get forgotten. While there are many accounting and finance tasks to be done on a regular basis, today, we're highlighting essential tasks you can complete weekly, monthly, and annually to keep your business healthy and growing. Weekly Accounting and Finance Tasks Although these tests are labelled as “weekly,” some of [...]

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How to Rock Your Annual Accounting Review

By | October 10th, 2020|Accounting, Business Coaching|

First of all, at Virtual Heights Accounting, we recommend your accounting review be more often than annually. A bi-annual check-in is much more efficient. Reviewing your business tax and accounting records at mid-year, gives you time to see how your year is going and plan for any changes, such as paying more tax than the previous year.  If you’ve never had an annual or bi-annual accounting review, there are many advantages to doing so, especially if you’re considering changes in your business.  What is an Annual or Bi-Annual Accounting Review? An accounting review—whether it's annual, biannual, or something else—is where you [...]

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