Blog | Prosynergy Bookkeeping

Karan Rawat

Sep 253 min read

Reconciling Accounts

Accuracy is paramount. One of the key processes that ensures this accuracy is account reconciliation.

Karan Rawat

Sep 133 min read

Customer Prepayments

Understanding and Recording Customer Prepayments in QuickBooks In the world of business finance, staying on top of your cash flow is...

Titus Kuepfer

May 102 min read

Managing Your Cash Flow

cash flow /ˈkaSH ˌflō/ noun the total amount of money being transferred into and out of a business Companies need cash. Well, we all need...

Titus Kuepfer

Apr 222 min read

What are Fixed Assets?

Fixed assets are tangible or intangible assets held by a company over the long haul to generate income.

Tim Kuepfer

Apr 113 min read

Beginners Guide: Reading Financial Reports to Make Good Decisions

Hey there, entrepreneurs! Reading your monthly financial reports might feel like you're deciphering an ancient code, but guess what?...

Titus Kuepfer

Apr 93 min read

Establish Your Bookkeeping FLOW

Chaos can be beautiful. Without chaos, life stagnates into predictability and monotony. Creativity thrives amidst chaos, and it is often...

Titus Kuepfer

Mar 144 min read

Why Reports MATTER

You own a successful business. You are making good money. Every now and then, you take a peek at your checking account to make sure there...

Tim Kuepfer

Mar 82 min read

Understanding The Difference Between Bookkeeping and Accounting

Lots of people get confused about the difference between bookkeeping and accounting. Can they be used interchangeably? Sure, if you want....

Titus Kuepfer

Mar 63 min read

Understanding Your Balance Sheet

One of the most misunderstood and under appreciated reports is the balance sheet. It serves as a snapshot of a company's financial...

Titus Kuepfer

Mar 63 min read

Setting up a Chart of Accounts

During my time as a lawn care business owner, I recall logging into Wave and navigating to my chart of accounts. I'll admit, it was quite...

Tim Kuepfer

Feb 237 min read

Transaction Processing: How Business Owners Build a Strong Financial Foundation

Accurate Bookkeeping is the Foundation of Every Good Business Strategy