Team One Accounting is Orange County’s Local Bookkeeping Service! Our bookkeepers will help businesses understand Accounts Payable.

All businesses, no matter their size, have bills to pay. The larger the business, the more formal the accounts payable process tends to be. That doesn’t mean small business owners can’t benefit from a formal accounts payable process. We help our clients categorize payments and purchases, helping to weed out any incorrect billing that may…

How to Make Accountability Work

Every successful business owner needs accountability for the sake of their business. Entrepreneurs are excellent in running their day-to-day businesses, but some need more accountability to meet internal deadlines and long-term goals. Your Favorite Orange County Bookkeeper has some suggestions on how you can increase your accountability.   Setting Goals and Deadlines   The first…

How a Loan Affects Your Financial Statements

Getting your business loan can be an exciting step in the growth of your business. Recording your loan properly in your accounting system usually requires special handling by your accountant or bookkeeper. Your favorite Orange County Bookkeeper has some great notes about loans to share with you. Your loan statement will provide the information you…