Blogs

We Crunch the Numbers, You Do What You Love!

Help Wanted: You Have Options! From Your Favorite Orange County Bookkeeper

By Patty Hansen | Aug 25, 2021

Many people have complained about the worker shortages this year. If you need additional workers in order to grow your business, Your Favorite Orange County Bookkeeper has listed some ideas for your consideration. Where to Look for Workers We may think of workers as only being employees, but there are a lot more options if…

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direct costs

Direct vs. Indirect Costs (and Why You Should Care) From Your Favorite Orange County Bookkeeper

By Patty Hansen | Aug 16, 2021

If you’re a business owner who wants to continually find ways to increase your profitability, then you will want to learn about direct and indirect costs. Breaking out your expenses into direct and indirect categories can help you arrive at the most profitable volume of sales for your business. What is the difference between a…

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mid year review

Your Favorite Orange County Bookkeeper with Your Mid-Year Review

By Patty Hansen | Jul 26, 2021

Can you believe that a little more than half of 2021 is gone already? That means it’s a great time to take stock of how your business has done for the first half of 2021 so that you can meet your financial goals for the entire year. Your Favorite Orange County Bookkeeper is here to…

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5 Accounting Reports You Don’t Want to Be Without From Your Favorite Orange County Bookkeeper

By Patty Hansen | Jul 7, 2021

While business owners are directed to keep their monthly books up to date for tax and other compliance reporting purposes, you should never stop there. Your books hold a wealth of information that you can utilize to run your business better.  Below, Your Favorite Orange County Bookkeeper reviews the five reports you should never be…

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Your Favorite Orange County Bookkeeper Explores Clubhouse: The New Kid in Town

By Patty Hansen | Jun 23, 2021

Are you familiar with Clubhouse? This social media platform is still pretty new, but is currently picking up steam. Perhaps one of the easiest ways to describe Clubhouse is like this: When you were a kid, did you ever hold a glass to a wall with your ear glued to it in order to hear…

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Re-Imagining Your Chart of Accounts from Your Favorite Orange County Bookkeeper

By Patty Hansen | Jun 9, 2021

The Chart of Accounts is the backbone of your accounting records. It is a list of all of the accounts – bank, loan, asset, income, and expense – in your General Ledger, which holds all of your accounting transactions. Below Your Favorite Orange County Bookkeeper examines various ways to restructure your chart of accounts to…

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Your Favorite Orange County Bookkeeper Discusses Financing Options for Small Businesses

By Patty Hansen | May 26, 2021

All small businesses need cash to operate, and there are many ways to generate the required cash. The most common way that many businesses get started is when the owner makes an investment from their savings or other personal cash. But what if it’s not enough? In this article, Your Favorite Orange County Bookkeeper examines…

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Your Favorite Orange County Bookkeeper Discusses the Importance of Internal Controls

By Patty Hansen | May 12, 2021

In accounting, a key term to know is “internal control.” Internal control is the series of processes and procedures that are performed within the organization to ensure the integrity and accuracy of the financial information and reporting of that organization.  Internal control is very important to consider in order to protect the business owners, employees,…

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5 Tips to Spice Up Working from Home from Your Favorite Orange County Bookkeeper

By Patty Hansen | Apr 7, 2021

We’ve been in a pandemic for what seems like five years now, right? All joking aside, if you have been lucky enough to work from home this past year, then it’s possible that you are in the process of going stir-crazy. Or maybe you’re simply ready to shake things up a bit. Working from home…

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