Author: beachwood

Definition: Accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged. The term "accrual" refers to any individual entry recording revenue or expense in the absence of a cash transaction Most businesses typically use one of two basic accounting methods in their bookkeeping systems: cash basis or accrual…

One of the ways managers know if their business systems are working are the number of times they have to think about them.  Every moment of thought put into your systems is time and energy that could be spent working and building your business.  In today's business climate, there are…

Within the last ten years, many companies have migrated to cloud-based technology to avoid the budgetary constraints of funding large capital projects for data centers and agile software development. While cloud solutions offer companies many benefits, it still introduces some risks. For example, vendor lock-in is as great in the…

It is not often that I get to acknowledge the real value of someone who is an associate, and so I will enjoy writing this recommendation of Albert Salazar. The philosophy of the Tao says that the best leader is one whose leadership is barely noticeable to those he leads,…

Albert Salazar has been my bookkeeper for years now and I'd highly recommend him to anyone. He's thorough, easy to contact and communicate with, and keeps my books in tip top shape! A must for any person or business owner.