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Why Profits Don't Equal Cash Flow

8 min read When small business owners get their monthly financial statements, their eyes quickly focus on the bottom line of the income statement.

Piercing the Corporate Veil: Understanding the Risks of Commingling Funds

7 min read Protecting personal assets is a fundamental reason many entrepreneurs opt to form a corporation or LLC. This safeguard, known as the corporate ...

QuickBooks® Online vs Desktop: Which Is Best for My Architecture Firm?

8 min read When running a business today, it's nearly impossible - and definitely not recommended - to manage your back office with manual bookkeeping and ...

The Number One KPI Needed by AEC Firms

7 min read The 43rd Annual Deltek Clarity Architecture and Engineering Study examines industry trends and found that increased employee attrition rates ...

Biggest Accounting Challenges (And Solutions) For Architecture Firms

7 min read Although it is not your core function, your architecture firm's bookkeeping and accounting department is like its engine. Without healthy ...

The Importance of Budget Reports

7 min read Budgeting and budget reporting are integral parts of running a successful business. At face value, budgeting might seem like a mundane, ...

The Top 10 Bookkeeping Mistakes in Engineering Firms

8 min read In any business, owners must manage both the business's core function, such as engineering in an engineering firm, in addition to the ...