Reynacfo

Accounting vs Bookkeeping: what is the difference?

Accounting focuses on more of the higher-level processing, it assess the financial health of the company, accountants usually assist with preparing budgets and annual tax returns. Accountants analyze data, bank records and other financial statements for you.

VS

Bookkeeping focuses more on clerical tasks and data entry, bookkeeping requires accuracy organization and strong math skills. Bookkeepers prepare financial statements for the accountant. Bookkeepers might also process payroll and send and record the vendor invoices.

Questions? Comments?

Please reach out to our office admin, Allie Hanski
Email: [email protected]
Phone: (530) 599-5741

- Reyna & Co is a private accounting and business consulting office located in Chico, California. Our social media is managed by our Office Admin/Advertising & Marketing Specialist. If you have any questions, comments or suggestions - call or email our office. -

Here's the top signs that YOU should hire a bookkeeper:

1) Your books are always outdated!
Look, we get it. In the busy times it can be hard to balance and keep track of your books. Let us do that leg work for you.

2) You don't have any time.
Being a business owner is stressful, and you aren't going to want to do your books in your downtime.

3) You only update your books before tax season.
It is important to keep your books up to date throughout the year to get an accurate snapshot of your finances.

4) You have unpredictable cash flow.
By keeping your books up to date, it can help you see where your money is coming from and when.

Questions? Comments?

Please reach out to our office admin, Allie Hanski
Email: [email protected]
Phone: (530) 599-5741

- Reyna & Co is a private accounting and business consulting office located in Chico, California. Our social media is managed by our Office Admin/Advertising & Marketing Specialist. If you have any questions, comments or suggestions - call or email our office. -

Here's some budgeting tips for small businesses:

Make a spreadsheet: Excel, Google Sheets or another program. Put in your major, or repeating expenses, as well as an estimated income.

Factor in some slack: in your spreadsheet, factor slack into that budget.

Look to cut costs: after tracking expenses and income, look to cut unnecessary costs in your business.

Review the business periodically: look at your business budgets often! Review them and see where they need to be changed. Where costs need to be cut, or the budget could be upped!

Questions? Comments?

Please reach out to our office admin, Allie Hanski
Email: [email protected]
Phone: (530) 599-5741

- Reyna & Co is a private accounting and business consulting office located in Chico, California. Our social media is managed by our Office Admin/Advertising & Marketing Specialist. If you have any questions, comments or suggestions - call or email our office. -

Happy Monday from Reyna & Co! We hope you have a happy week. Make sure to stay cool!

- Reyna & Co is a private accounting and business consulting office located in Chico, California. Our social media is managed by our Office Admin/Advertising & Marketing Specialist. If you have any questions, comments or suggestions - call or email our office. -

Happy Friday! Here is four steps to help your business be MORE successful. We hope you have a GREAT weekend. Stay safe and cool. ☀️🌿☺️

- Reyna & Co is a private accounting and business consulting office located in Chico, California. Our social media is managed by our Office Admin/Advertising & Marketing Specialist. If you have any questions, comments or suggestions - call or email our office. -

When building our businesses and their financial solutions we are often waiting for a "right" time. However, as with most things - there is never going to be a "right" time.

Here are Reyna & Co we work on helping those "right" times seem closer together. We will help you build financial plans, secure loans and lines of credit and offer the business and financial advice you need to succeed - without waiting on those right times.

Questions? Comments?

Please reach out to our Office Admin, Allie Hanski. Email: [email protected]
OR phone: (530) 599-5741

- Reyna & Co is a private accounting and business consulting office located in Chico, California. Our social media is managed by our Office Admin/Advertising & Marketing Specialist. If you have any questions, comments or suggestions - call or email our office. -