One of our beloved clients has operations in the United States, as well as in Canada. As such, their bookkeeping has always been complicated, given that the exchange rates vary day today. Some of these exchange rate changes can make a significant difference. So how to produce accurate books? Well, ZümiFi has an answer for...
When Melinda used to teach new business owners about bookkeeping, she always shared that bookkeeping truly has three keys to success – Organization, Consistency, and Discipline (and if the acronym OCD fits for any bookkeepers you know, now you know why). Let’s focus for a moment on Consistency – and why it’s so important. In...
Sometimes, our clients want their staff to receive a specific amount as a “bonus.” In order to accomplish that, we need to determine what the correct gross amount of bonus will yield their desired net paycheck amount. That’s exactly what happened recently for one of our clients, who want to reward a recently hired employee...