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Walden, NY 12586

Author Archive

One common error small business owners make is failing to create recurring month end Managerial Financial Statements. Typically you can pull your financial statement information off your tax returns at the end of the year. However, there are a few good reasons why you should consider doing an internal monthly financial statement. Read more...

You don’t do it on purpose. You throw your receipts in a box throughout the month with the intention of recording them at the end of the month. When the end of the month comes, you think quarterly won’t be too horrible. Summer comes, you’re halfway through the year and you’re starting to think about getting the receipts recorded before year end. Before you know it, you’re walking into your accountant’s office with the shoebox full of receipts for tax year. Read more...

Do you process your payroll internally? Outsource it to a payroll company like ADP or Paychex? However you process payroll, you will benefit from VBO’s new Virtual Payroll! Read more...

During the fall months, VBO is busy getting our client’s prepared for year end and tax season. Spring time is spent focusing on tax filings. This leaves summer free, right? Not at VBO! Read more...

Most business people know what the phrase “Pass the buck” means. Here’s an example in case you don’t. A problem comes to an employee’s desk. The employee doesn’t know how to resolve the problem. The problem gets “passed” on to someone else. For a majority of the employees, the task ends as the problem is “passed” on. Read more...

Do you know someone who’s taking an Excel class because they want to learn how to use Excel? Do you know someone who knows Excel but is taking an advanced course to enhance their existing skill? Or perhaps someone who’s experiencing health issues so they’re changing their eating habits? These are only a few examples of personal growth. Read more...

Tired of keeping track of when your bills are due? Tired of having to write out checks every week? Need someone to negotiate a payment plan? This is all possible through Virtual Payables. Read more...

For more information about starting a virtual backoffice for your business bookkeeping, payroll or accounting needs, call us today at 855-317-3443.
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