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      • Behind on Payroll Taxes
      • When Your Spouse Owes the IRS
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August 13, 2020  |  In Bookkeeping Tips, Business Tips

Watch Out for These Five Common Accounts Payable Errors

Paying bills is never fun, but paying bills you shouldn’t pay in the first place is even worse. There are many risks that can part a small business owner with their hard-earned cash, and here are five to watch out for when it comes to your bill-paying process. 1. Fraudulent invoices Some companies will send […]

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November 21, 2019  |  In Accounting, Bookkeeping Tips, Business Tips

Get Organized with This 32-Item Year-End Close Checklist

A great way to make a wonderful start to 2020 is to wrap up 2019 feeling organized and on top of the world. Here’s a checklist of items that you can start on now to make your year-end close go smoother than ever before. And don’t worry if you don’t know how to do some […]

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October 24, 2019  |  In Accounting, Bookkeeping Tips

Using Custom Fields in Your Accounting Software

Custom fields in your accounting software are data fields that you can define yourself. They are typically associated with customers, vendors, employees, and items, and they can help you store and categorize additional information about these stakeholders and your products and services in your business. An example custom field that can be associated with customers […]

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September 26, 2019  |  In Accounting, Bookkeeping Tips

Avoiding Accounts Payable Errors: What to Watch Out for

When you pay a bill in your business, are you 100 percent comfortable that the bill payment is correct and justified? Is there ever a chance that that bill is fake or fraudulent? What about duplicates? With so many fake bills being mailed to businesses these days, it makes sense to think about controls you […]

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April 25, 2019  |  In Accounting, Bookkeeping Tips

Buying a Car or Truck for Your Business?

When you purchase a new vehicle, you get the fun of riding around in a new car with the new car smell! Our job has just begun – to get your new asset recorded properly on your books. We thought it’d be fun to give you a behind-the-scenes sneak peek at our part.  Sales Contract […]

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Tax Services, Accounting Services and Services for QuickBooks®

Abacus Financial Inc.

1875 S Bascom Ave #2400
Campbell, CA 95008

408-761-9471 | info@abacusfinserv.com


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