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The main difference between a bookkeeping service and an accountant lies in the scope of work and responsibilities they handle for your business.   Bookkeeping Service (Focus on Recording & Organization)   A bookkeeper manages the day-to-day financial transactions of your business, ensuring that records are accurate and up to date.   Key Responsibilities: Recording...

Source: ADP Weekly Newsletter   Poor time management skills can result in missed deadlines, dissatisfied clients and increased overtime costs. To help avoid these types of situations, here are some time management techniques to share with your employees.   Plan and set goals. Supervisors should work with their employees to set daily, weekly and monthly...

Latest trends in benefits. Let’s talk about the benefits side of it. People are looking for health care, affordable health care. I know myself, I always feel like I should encourage people to look into long term care when they’re younger and it’s affordable. Because as you get older, you can’t afford it and more...

How do you handle employee performance management? That’s that’s an interesting question. A lot of people don’t believe in those annual performance reviews. It’s constant communication, letting people know where they’re stand, where they stand on going. I still like to have that conversation annually with my staff. Because I feel it’s important to tie...

Bookkeeping services involve recording, organizing, and managing a business’s financial transactions. These services ensure accurate financial records, which help businesses track income, expenses, and overall financial health.   Common Bookkeeping Services: Recording Transactions – Logging all financial activities, including sales, purchases, receipts, and payments. Bank Reconciliation – Matching business records with bank statements to ensure...

An organization needs to know what its attrition rate is and understand what the norm is for their industry because there’s different attrition rates for different industries. For example, industries that employ first time workers are going to have like fast food chains. Their attrition rate is over 100%. I teach HR, and when I...

Oh my goodness, using data and analytics to drive HR decisions,that’s, I guess I’m an analytical person, but, that’s how you make your decisions. You determine what your costs are, what your labor costs are, what your cost of benefits are, and you analyze that to determine what benefits can we offer within our budget....

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