Who Needs to File a BOI Form: FinCEN’s New Requirements for 2024
What is the new BOI rule for FinCEN? Starting January 1, 2024, the Financial Crimes Enforcement Network (FinCEN), a bure …
Accrual vs. Cash vs. Accrual Lite
As a financial services firm that helps our clients with all aspects of their accounting needs (from bookkeeping to acco …
Common Pain Points Wineries Face With Disorganized Accounting
A winery operation has more than the average business’ amount of sales channels.
What Are the Steps to the Accounting Cycle?
Accountix works to bring accurate and reliable financial statements to all our clients so that their small business book …
How to Monitor your Cash Flow
One of the primary business metrics we make sure to measure for our clients is cash flow. This is because cash flow can …
How to Count End of Year Inventory
We’re counting down to the holiday season and the excitement of New Year’s Eve. For most of us, this means a chance to c …
What is a Bookkeeper?
This seems like such a simple question up front but we get asked it all the time.
What is a Balance Sheet and How do I Read It?
A balance sheet is an easy way to demonstrate the cumulative “net worth” of a business as of a certain date in time. It …