Smithson Bookkeeping & Business Services

January 17

Closing Your Financial Books for the Year
The title alone sounds a little daunting doesn’t it?  Many business owners hear this phrase but don’t really know what it means.  They hope the income & expenses are all accounted for and posted correctly. And then they leave the … Continue reading →

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December 19

Year End Inventory: How to Avoid the Annual Headache by Using Cycle Counts
Since we are coming to that time of year, let’s discuss Inventory Counts.  This is usually one of the biggest headaches companies face at the end of a year. There is down time, when all material stops moving and the … Continue reading →

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December 13

Preparing for the End of the Year
It’s amazing but 2011 is coming to a close very soon. That means it’s time to start thinking about some things you might need to wrap up before the end of the year. Don’t worry you still have a couple … Continue reading →

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October 28

Budgeting
I know it’s a subject most of us don’t like but in today’s economy it is more important than ever, both for your business and for your personal life. Do you know what your monthly expenses are?  Have you paid … Continue reading →

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October 14

Fraud & Internal Controls
As the owner of a company and as an employer you have a responsibility to maintain the integrity of your business.  This includes being aware of the many types of fraud that can be committed as well as some of … Continue reading →

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