LedgersOnline Blog

For all things accounting and bookkeeping.

A great invoice system provides that healthy cash flow you desire so it’s essential to perfect this activity for your business. However, freelancers and small businesses often struggle to produce professional and timely invoices for their clients which can loosen the owners grip on company finances. Thankfully there are online services that can help. Here are recommendations for 12 tools that will have you invoicing like a pro on any budget.

When you are stuck behind your desk looking at the shining sun outside the window, your work tasks can quickly float to the back of your mind. With so much going on, how can we regain our focus, complete our tasks, and head out into the beautiful world of summer? Luckily, I have four fool-proof tips that can help.

For many small and medium sized businesses, the decision to relieve themselves of their bookkeeping tasks is a major milestone. The decision of when to outsource these tasks can be difficult, as hiring a freelance bookkeeper or a bookkeeping firm cuts into their revenues as an additional cost. On the other hand, allowing for a qualified professional to step in and take over these tasks gives the management team an opportunity to focus more on the day-to-ay activities, and more importantly, how to take their business to the next level.

Contrary to popular belief, small businesses do have decent success rates. The U.S. Bureau of Labor Statistics reports that nearly 50 percent of new businesses are still open after five years. To further your odds of being among them, avoid the three common pitfalls that cause small business owners to lose money:

As the LedgersOnline family continues to grow, we are pleased to announce the latest addition to our accounting team; Sanjna. Sanjna holds a Bachelor of Commerce degree with a specialization in Accounting from Curtin University in Perth Australia.

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Trusted bookkeeping and accounting services provider to businesses for over 10 years.