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Use These 5 Cash Flow Metrics to Improve Your Cash Flow cash flow financial best practices financial statements planning

 

Lack of cash flow is the #1 reason businesses fail.

One of the reasons for this is that many small business owners don’t know how to measure their cash flow. Without measuring cash...

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5 Questions You Can't Answer If Your Books Are A Mess cash flow financial best practices financial statements planning taxes

 

About a week ago, the 2022 tax season ended.

Which means the year is almost over and it’s time to think about 2023 taxes and your 2024 outlook.

You might be saying to yourself that you...

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Cash or Accrual? Why should you care? cash flow financial best practices financial statements planning taxes

 

Cash Method and Accrual Method

These are the two different methods that can be used to record transactions in your accounting system.

Let’s dive into what they are, how they are...

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Trust Your Financials in 6 Easy Steps accountability automation cash flow financial best practices financial statements planning process improvement taxes time management

 

Ever feel like you’re making things more complicated than they should be?

You are!

Managing your financial data doesn’t have to be time-consuming or stressful. With a little bit...

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Avoid These 5 Financial Data Mistakes cash flow financial best practices financial statements process improvement

Account reconciliation.

What is it and why should you care?

Account reconciliation is the process of comparing statements and other documentation like invoices, payments, and delivery receipts, to...

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My bookkeeping is really behind. What do I do? cash flow financial best practices financial statements planning process improvement time management

 

When I met one of my clients for the first time, she was really concerned.

She wasn’t sure her taxes had been filed correctly the prior year and her books were, in her words, a...

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9 Things to Review at Year End Before Sending Your Financials to Your CPA financial best practices financial statements

 

During the year, you have many opportunities to review your financials, look for discrepancies and correct them.  This typically happens on a monthly basis, but some companies also do a...

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Does Everyone Look at Your Financials the Same Way? financial statements planning
Does everyone look at your financials the same way?
 
Short answer? No, they don't.
 
There are a bunch of people that could be looking at your financial statements at some point in your...
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Understanding Your Financial Statements financial statements planning
Unless you come from an accounting or finance background, you probably didn't get a great education in what financial statements are and why they are important in your business. Many owners that I...
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Is your accounting driving you crazy?

If you’re like many business owners, accounting tasks are the last things you want to do and end up at the very end of an already-too-long to-do list.

Harrington offers a wide range of accounting services to pick up the slack and take the stress out of your accounting so you can focus on what you do best – manage and grow your business!

If stress free accounting sounds great to you, let's chat!

Schedule your intro call today!