Bill Kimball

Bill Kimball
Bill Kimball has over thirteen years of experience in public accounting and provides audit and assurance services to both public and private businesses in a variety of industries including petrochemical, healthcare, hospitality, restaurants, not-for-profit, settlement trusts and employee benefit plans.
Starting Your Own Bookkeeping Business

Starting Bookkeeping Business Online

June 21, 2021

However, if you have either formal education in the accounting/bookkeeping field or you have worked as a bookkeeper, then you should get certified before you start a bookkeeping business. If you don’t already have an education and experience, it’s wise to take a bookkeeping course. Most community colleges offer them, but you can …

Xero For Dummies Cheat Sheet

Xero For Dummies Cheat Sheet

June 18, 2021

It’s the amount the owner has invested in the business minus any money the owner has taken out of the company. The accounting equation shows that all of a company’s total assets equals the sum of the company’s liabilities and shareholders’ equity. This state of affairs indicates that Xero’s balance sheet looks …

My Xero For Partners

My Xero For Partners

June 18, 2021

This saves a lot of time especially in the beginning stages of using cloud accounting software. I have applied Xero in a business based on the fact that Xero is boasted as easy to use and “the best accounting and invoice generating software”. I was told that it is the preferred accounting software to be used with Unleashed …

Starting Your Own Bookkeeping Business

Starting Your Own Bookkeeping Business

June 18, 2021

When you set up your business, you should also take steps to protect yourself. box for any paper correspondence, so you can control who has access to your personal address.
Although you’ll hear about accounting software like Quickbooks and Sage the most, there are also a few programs designed for more niche uses. The former is …

How To Handle 3 Critical Stages Of Business Growth

How To Handle 3 Critical Stages Of Business Growth

June 18, 2021

The company also usually encounters higher sales totals and better profit margins as it builds its visibility in the market. This stage of the business growth cycle is all about raising brand awareness.
Alternatively, you might decide to focus on the company’s current stability and profitability. The final stage of the business growth …

Customising Your Xero Codes And Chart Of Accounts

Customising Your Xero Codes And Chart Of Accounts

June 18, 2021

Code – this will be the fixed code that will be used each time, try to keep the codes in line with other ‘Account Types’. For example, all 4000 codes will relate to Revenue. If you’re happy to get a little ‘hands on’ with the internal workings of Xero, it’s possible to amend or create these codes yourself. …