Maintain your old Siemens Hipath system

Hiring a Book Keeping Service

Whether you choose to do your own books and accounting or hire those services out there are a few things you should know first.

A good book keeping service will normally charge you around $200 -500 per month while you are still somewhat small and you can receive: Profit and Loss Statements; Balance Sheets; Bill Paying Services; Checking Account Reconciliation; Journal Reconciliation; Tax Information Preparation; Tax Return Filing; Etc.

If you are inclined to do your own books, that's ok too. Simply use the accounting software such as Quick Books or Microsoft Money. These are available at any Home Depot type office supply house and often may even come as part of the software on your new computer.

You must take this task seriously. If you find yourself slipping behind in your accounting duties it may be time to switch to a bookkeeper. Don't look in the phone book for a bookkeeper. Ask a friend for a referral. Look for an older woman named 'Margaret', 'Rose', 'Loraine', 'Edith', etc.

As your business grows you will need to know where you are at in your true financial health. Just because you have $30,000 in accounts receivables does not mean you can take home a large paycheck next week, it does not even guarantee you can make payroll this week.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs

In The News:

Undersea 'blasts' recorded at same time Russia-Germany gas pipelines damaged
Tue, 27 Sep 2022 09:39:00 +0100
Mysterious leaks in the Nord Stream gas pipe network began with "powerful subsea blasts" and may have resulted from an "act of sabotage".

Qatar 'conscripting civilians and summoning diplomats from abroad' to do World Cup security
Tue, 27 Sep 2022 11:31:00 +0100
Qatar has called up hundreds of civilians - and summoned back diplomats from overseas - for mandatory military service to operate security checkpoints at World Cup stadiums.

Eleven children among 17 killed in Russia school shooting as wounded to be taken to Moscow
Tue, 27 Sep 2022 13:15:00 +0100
More than a dozen children wounded in a school shooting in central Russia are being transferred to Moscow for further treatment.

Shakira to face trial over alleged £13m tax fraud
Tue, 27 Sep 2022 12:16:00 +0100
Shakira is set to go on trial for tax fraud after a Spanish judge approved proceedings against the pop megastar.

Lawyer facing charges in case linked to Kenya's president found dead
Tue, 27 Sep 2022 11:31:00 +0100
A lawyer facing charges at the International Criminal Court (ICC) in a previous case linked to Kenya's recently elected president has been found dead.



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