FAcebook like

Podcast on Bookkeeping, Budgeting and Profitability

I had the pleasure of being on the Rialto Marketing Podcast with Tim Fitzpatrick.  We covered some great topics including – How can people be more efficient with bookkeeping? What do people get wrong when it comes to budgeting and planning? How do companies improve growth, profitability and. cash flow? Here is the Facebook live Read more about Podcast on Bookkeeping, Budgeting and Profitability[…]


How to classify transactions for bookkeeping

For most CEOs one thing they struggle with for bookkeeping is how to classify transactions – should it be an office expense, cost of goods sold, or ask my accountant?  Luckily there are some guidelines to follow from a tax perspective and so your financials are easy for someone to look at and understand how Read more about How to classify transactions for bookkeeping[…]


Employee Retention Credit (ERC) Overview

Now that PPP2 has come and gone for the most part we are seeing more questions for help on the Employee Retention Credit (ERC) to see if they are eligible and how to apply.  We will cover both in this article but first lets give a little background. What is the Employee Retention Credit (ERC)?  Read more about Employee Retention Credit (ERC) Overview[…]

qb time

Automate Hourly Invoicing using Quickbooks Time

Invoicing for hourly time across staff and clients is very time consuming.  We used to use Google Sheets and manually combine multiple staffs tabs into a master tab and filter it so that we could find out how much time was worked on a given client.  Then we would have to enter each line manually Read more about Automate Hourly Invoicing using Quickbooks Time[…]

Automate AR Reminders

Automate AR Reminders in QBO

One way to improve your bookkeeping is to automate as many tasks as possible. One task that everyone hates is AR follow up.   AR is accounts receivable, which is the invoices that your company has sent customers that have not been paid yet.   Getting your customers to pay is not as easy as it should Read more about Automate AR Reminders in QBO[…]

Finance Pals Services – Bookkeeping, Tax and CFO

Finance Pals provides bookkeeping, tax and CFO services to startups and small businesses.  Here is a video describing  the bookkeeping, tax and CFO problems we solve and  the types of clients we help and when we help them.  The table is summarized below. Bookkeeping Tax CFO Problems we solve •End of year cleanup / preparing Read more about Finance Pals Services – Bookkeeping, Tax and CFO[…]

CPA Firm Services

What can a CPA firm do for you?

Paul Heffner, CEO of Financial Pals, discusses what CPA firm services are and how they can be beneficial to personal and business financial health.  Although most small businesses are not required to have a CPA involved, it’s always a good idea for a small business and start-ups to hire a CPA to review its internal controls, evaluate accounting software, obtain tax advice, and so on.  Read more about What can a CPA firm do for you?[…]

Bookkeeping Services YouTube

What are bookkeeping services?

Bookkeeping is a very general term and has many different definitions kind of like a handyman.  Some handyman can repair everything from HVAC to plumbing and painting, while others really only do smaller jobs like change out locks or fix a garbage disposal.  Bookkeeping is the same way.   Some bookkeeping firms only provide basic bookkeeping Read more about What are bookkeeping services?[…]


Best Denver CPA Firms

Starting a business is an exciting time! While you are focused on providing an excellent product or service, it is important to have a skilled partner maintaining your financial plan to help you grow. Enlisting the help of an experienced business advisor will alleviate the stress of juggling too many responsibilities, making strategic decisions, and Read more about Best Denver CPA Firms[…]