Should you do your own bookkeeping? While that may sound like a small question, it can be tough for even the savviest of small business owners to answer. Yet it doesn't have to be. Here are four questions to ask yourself that will determine whether or not you should handle your business's books on your own.Read More
We recently released v4.4 of the Kashoo iOS app. In addition to a few under-the-hood improvements, one feature we're particularly excited to share is Search integration. You can now use the native iOS Search function (in iOS 9) to search for your customers, vendors, and the names of their account as they appear in your Kashoo app. These results will appear in the list, and once you tap, not only will Kashoo open, but you'll also drop right into what you searched for and tapped on!Read More
If you’re handling your business’s accounting, you probably already know how important your financial statements are. They’re a key source of information on your company’s financial performance that can you help set your business on the right path for growth and success. Plus, these documents will definitely come under the microscope in the event that you ever get audited. (Knock on wood.) Auditors and investors won’t just be glancing casually over these statements. Instead, they’ll be looking at the fine print. So where do you find the “fine print” of your financial statements? In the footnotes.
So you just decided to take the plunge (or at least dip your toe in the water) with Kashoo. That's awesome for a number of reasons, starting with the fact that you are now better positioned than ever to have complete control of your business's financial health. But one thing we hear every now and then is, "OK... I've signed up for a free trial... What do I do first?" Cutting right to it, here are nine things you can do with this small business accounting app we love so much...Read More
When it comes to using financial ratios to gauge your company’s performance and overall financial health, there are a variety of metrics you can chose from. Here on the Kashoo blog, we’ve talked about profitability ratios like Return on Assets, Operating Cash Flow Margin and the Debt Equity Ratio. Another ratio—one that lenders and investors find particularly useful—does double duty as both a debt and profitability ratio: the Interest Coverage Ratio.Read More