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What is the difference between Accounting and Bookkeeping?

Do you know the difference between accounting andย bookkeeping? When many small businesses open up, the owners sometimes use those terms interchangeably but they do have noticeable differences. In your small business, you have to keep up with both functions. Here are the differences between accountingย and bookkeeping: ย Bookkeeping is the process of theย record-keepingย of all financial transactions […]

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Dangers of Using Spreadsheets for Financial Accounting

Microsoft Excel and similar spreadsheet programs have been very useful in helping businesses automate many of their processes. The ability to customize a spreadsheet to track specific data provided a low-cost automation option for many small businesses in the late 20th Century. As we move further into the 21st Century, however, the growing complexities of

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Money Mistakes Business Owners Need To Avoid

Adhering to a budget is crucial to your financial success and working with a trusted accounting firm can help you formulate a business plan that puts your enterprise on a firm financial footing from the beginning.

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A brief history of BASC Expertise

BASC Expertise was started by Deirdre Mohret with the single purpose of supporting small business growth in Arizona. We began by providing key accounting services of bookkeeping, tax preparation, tax planning and small business strategic consulting. In 2009, we added a turn-key solution for payroll. Our Clients are our greatest asset; understanding their needs in

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5 Things I have learned from BASC Expertise

Editor Note: Thank you to our guest blogger Anne McAuley, McAuley Freelance Writing. As a new small business owner I was overwhelmed at the many hats I was wearing. I emailed Deirdre at BASC Expertise, โ€œI have a pile of receipts, an account with QuickBooks online and not time. Help!โ€ Within minutes I had a

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10 Bookkeeping Tips for Small Business Owners

Running a small business can be time and attention consuming. We often feel like we arenโ€™t focused on our core business functions and are instead working long hours on tasks we might be able to outsource. Entrepreneur Magazine offered Five Bookkeeping Tips for Business Owners with which we agree and add a few of our

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