Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

Expert Perspectives

Squire provides complete and personalized accounting solutions to meet your individual needs.

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Category: Accounting Basics

Top 5 Accounting Mistakes Small Business Owners Make and How to Avoid Them

categories: Accounting Basics // Business Advisory

tags: accounting // Bookkeeping

Top 5 Accounting Mistakes Small Business Owners Make and How to Avoid Them

Proper accounting is the backbone of any successful small business. It ensures that your financial records are accurate, helps you make informed decisions, and keeps you compliant with tax regulations. However, many small business owners, who juggle multiple responsibilities, often commit […]

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categories: Accounting Basics

The Importance of a Well-Oiled Accounting Function

Though it’s natural for management to focus on its profit-making areas, the importance of a sound accounting foundation to support the operation cannot be overemphasized. The more diligent and meticulous your accounting team is, the more easily the rest of […]

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categories: Accounting Basics

The Importance of an Emergency Savings

By Clayton Johnson, claytonj@squire.com Why Save for a Rainy Day? If Covid-19 has taught us one thing, it’s that you can never be certain of the future. The United States’ economy was blindsided by the sweeping shutdowns and lockdown policies […]

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categories: Accounting Basics // NetSuite

tags: NetSuite

Expert Tips for Data Management

How is your data management? Benjamin Franklin wisely counseled the people in Philadelphia on the dangers of fire when he said, “An ounce of prevention is worth a pound of cure.” We live in an age where critical data is […]

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categories: Accounting Basics // QuickBooks Online

tags: how-tos // QuickBooks Online

5 Things To Know About the Chart of Accounts in QuickBooks Online

QuickBooks Online doesn’t require deep knowledge of accounting principles. Still, there are concepts you should understand, like the chart of accounts. You probably didn’t expect you’d have to become an accounting expert when you started your business. You knew […]

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categories: Accounting Basics // Audit

Is There a GAAP in Your Financial Reporting?

By Ray Chipman, Partner at Squire & Company I know first-hand how overwhelming the financial reporting process can be for our small to medium sized business clients. We pride ourselves on making the financial reporting process as painless as possible […]

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categories: Accounting Basics // quickbooks

25 Accounting Terms You Should Know

It’s back-to-school time. Why not take a page from the kids’ books and do some learning of your own? Here are 25 accounting terms you should know. QuickBooks is easy to use, intuitive and flexible. But it is not […]

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categories: Accounting Basics // Customers

tags: job costing

The 4 E’s of Effective Job Costing

In my conversations with clients, it seems that bidding/estimating are constant areas of concern. Are we bidding correctly? Are we losing jobs because our estimates are wrong? How could we have missed that bid? Did we really forget to put […]

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categories: Accounting Basics

Demystifying Debits and Credits

Accounting as a method of maintaining an official account of a business venture has been around for thousands of years with the first evidences of accounting stretching all the way back to ancient Babylon and Assyria more than 7,000 years […]

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