Author Archives: ABIP



ABIP

in Accounting

Top 10 Accounting Mistakes – No. 6 – Commingling Properties Accounting

Accounting Secret: Isolating Properties for More Profits It is very common for companies to make the mistake of not keeping their properties separate within their business. If you are a business owner with more than one property, you might find this article interesting as it lays out the reasons of separating your properties. One of the main reasons you want to keep your properties separate...

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15 Aug 2013
in Accounting

Top 10 Accounting Mistakes – No. 7 – Improper Chart of Accounts

When it comes to accounting, keeping your finances organized is the key to success. However, it is still something that a lot of business owners lack. The reason is that they do not keep a proper chart of accounts (COA) and, as a result, fail to properly track their finances throughout the year. The COA consists of all financial statements that are tailored to show...

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12 Aug 2013
in Accounting

Top 10 Accounting Mistakes – No. 8 Accounting Backwards: How to Catch Up and Stay On Top of Your Accounting

Everyone starting a business, no matter what kind, hopes to see it succeed as early as possible. However, it usually takes a while before a company can see profits and unfortunately not all businesses make it in this competitive world. Things can rapidly become hectic and overwhelming after you open your business so you must always be prepared and organized to keep up with the...

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08 Aug 2013
in Accounting

Top 10 Accounting Mistakes – No. 9 – Neglecting Organization

Can you confidently say that your business’ records are properly organized? Whether you are running a small business or a large venture, maintaining organization is an essential part of the accounting process. This is an aspect that many businesses neglect and can be detrimental to your business’ success. Keeping your business records organized makes it easier for you to monitor your business’ progress, be better...

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05 Aug 2013
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