Magazine

Thinking about giving back to your community by donating to charity? That’s amazing! This week Abacus the Accountant talks hammering out details, creating a formula to calculate your donation, and staying compliant in your books. Donating is great, but so is being tax compliant. Read more in this week’s edition of Dear Abacus.

There’s no better way to spread the word about your business than by giving out freebies. But did you know that those freebies aren’t actually free? This week, Abacus the Accountant takes on sales tax, who pays it and how much, and what to keep track of when you’re giving away freebies.

You recently brought on a new team member, expecting to improve the total bandwidth of your team. With this additional bandwidth, you hope to be able to go on vacation soon. But three months later, it seems your people are busier than ever. You haven’t taken on that many more projects. You don’t understand how, […]

Growing businesses require a lot of financial information you might not get from a bookkeeper you only see once a year. Abacus the Accountant talks upping your game with growth and getting the most out of your current bookkeeping arrangement. Read more in this week’s edition of Dear Abacus.

Who we worked with Amanda is passionate about social consciousness, community engagement and contribution. She founded Noskenda, a company whose goal is to run small businesses sustainably while upholding her mission and values. In 2019, Noskenda acquired Perfect Copy and Print, a digital print shop in Capitol Hill. The printshop has been in business for […]

Your business is ramping up for growth, and you’re doubling down on all things financial. You’re looking to hire someone to help you with bookkeeping, auditing numbers, setting up systems, and cash flow management. After combing through resumes, you found someone with 15 years of bookkeeping experience who is excited to join your company. It’s […]

Who we worked with Crystalynn Kae started crafting handbags over 20 years ago when she realized a need for sustainable and unique options in the fashion world. In 2001, Crystalyn Kae opened her shop with a collection of handbags created from a warehouse stash of vintage plaid pants. Her designs still focus on the use […]

What is Bookkeeping? Bookkeeping, at it’s core, is keeping track of the money going in and out of your business. Bookkeepers record your income and expenses so you have the information you need to make informed decisions for your company. Clearly, bookkeeping is important. But bookkeeping is also tricky. Without a doubt, you need to […]

Who we worked with Mychal discovered the art of journal making in Italy in 1993. After her journal was stolen on vacation, she met an artist who specialized in hand crafting leather journals that offered to teach her the trade. She received so many compliments on her first journal that she started crafting them to […]

It’s Month End Close day. That means it’s go time for accountants. At our firm, month end close starts on the first day of the month. With only two weeks to close last month’s books and get client financials sent out, we have to push our work to the limits. We turn into action stars- […]