Business owners often ask whether they need to hire a full-time accounting department, or if they can get by with fractional accounting services. The truth is that many businesses start...
Read More
As an entrepreneur, understanding the purpose of a balance sheet is like learning to take a perfect "financial selfie" of your business. Comprised of three main sections – assets, liabilities,...
Read More
Inevitably, there will be moments in your business's lifecycle when you'll outgrow your current accounting support. Maybe your business transactions are getting more complex, and you're having difficulty managing them...
Read More
GAAP, short for Generally Accepted Accounting Principles, is like your financial rulebook. And if you're an entrepreneur, understanding and maintaining GAAP compliance can be super important. But, it's crucial to...
Read More
The entrepreneurs we work with often ask us whether they need a controller. The short answer is: not every business does! Controllers play a pivotal role in empowering business owners...
Read More
What is the best accounting software? At Acuity, we get asked this question rather frequently because the bottomline is – entrepreneurs want to know which accounting system they should use. It...
Read More
Every business owner approaches financial reporting transparency differently. Some are open books. Others, with no ties to outside debt or investors, may never share their company’s financials (other than with…
If you’re an ecommerce company looking for accounting help, it’s important that you work with a firm that understands your business. We specialize in accounting for Shopify sellers — meaning, we…
If you’re an ecommerce company looking for accounting help, it’s important that you work with a firm that understands your business. We specialize in accounting for Amazon sellers — meaning, we…
Before we dive into all the details, here’s a quick TDLR: Clio is a tech stack software that allows your firm to easily manage clients, billable hours, business development, and…
When business owners and entrepreneurs come to us for help, they’re in need of a solution, and so the first thing we really try to pinpoint is: What is the...
Read More
Good business starts with great data. Being able to easily access and understand your financials at any given time doesn’t just give you a better understanding of your current financial…
Pumpkin spice, football, changing leaves, horror films, and an extra hour of sleep aren’t the only great things about fall! This year you can also enjoy savings! ‘Tis the season…
A recurring question we get revolves around entrepreneurs trying to figure out if they need a financial controller role in their company, and just why they need this middle layer…
As a business owner, you don’t need to know the in’s and out’s of accounting. But you do need to know the purpose it serves and when your business could…
One of the questions we frequently get asked (by businesses of all sizes) is about international wires: What can I do about the high cost of international payments? When we…
It’s hard to believe, but Q4 is almost here! Every business is trying to finish the year strong and start next year off on the right foot. For your business,…
Many people use the terms bookkeeping and accounting interchangeably because of their overlapping duties. However, bookkeeping and accounting are not the same, and their differences could mean significant things for…
Until now, QuickBooks customers have either used the platform themselves or worked with a third-party accounting firm to use it for them. But just this week, QuickBooks has launched its…
Let’s talk cash flow. As a small business, cash flow is EVERYTHING. It’s a good indicator of your business’s current financial health, it informs your decision-making, and, through cash flow…
We get this question a lot, so don’t worry if you don’t know the difference between a CFO and a CPA. Here’s what you need to know as a small…
The end of 2022 is fast approaching, and the pace is becoming more frenzied. More things to do, more deals to close, more loose ends to tie up before we…
In today’s economy, both consumers and business owners are more focused on cost-effectiveness than anything else — it’s just the smart way to navigate the current climate. The next smart…
If you’re a chapter-based organization with the goal of growing your membership, you may not have a dedicated person for bookkeeping or accounting. But that doesn’t stop the questions about…
We know that houses don’t sell themselves, which is why time is always money when it comes to real estate. On top of that, each developer, property manager, agent or…
When cryptocurrency showed up, the accounting book flew out of the window. Not only did it make even basic accounting difficult, but with the very nature of cryptocurrency as a…
Acuity COO Matthew May has had the pleasure of leading and participating in numerous cryptocurrency thought leadership events over the last few months. Here are some of the most common…
Accounting may not be the most exciting task, but it’s important to your business and should be a priority. As a Sr. Sales Development Representative at Acuity, I’ve had many…
We recently got hit up by one of our friends, Anand Thakur (@AnandThaker), on Twitter with a question about revenue recognition: @TheTechCPA @kenjikuramoto @Acuity_co Doing any sessions on new SaaS…
“Am I taking my company in the right direction?” “What will growth look like for our startup?” “What does our future hold for our business?” These are all common quandaries…
