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The Botkeeper Blog

Bookkeeping, accounting, and business resources to help you become a finance guru. 

9 min read

Closing the Books: Year-End Accounting Tips

By Jess King on Dec 26, 2019 2:45:53 PM

Here's a fun fact for your holiday reflection: according to the Bureau of Labor Statistics, there are over 1.3 million certified accountants in the US. While you may not be among their ranks, you can still learn some important skills from these hardworking professionals.

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6 min read

What Percentage of Construction Costs Is Labor? Pricing Your Bids Correctly

By Aaron Sullivan on Dec 17, 2019 12:10:16 PM

Sometimes there’s truth to the old adage that if you want something done right, you do it yourself. And usually that’s when you’re working on a passion project that requires your own individual creativity. But smart business owners with growth mindsets know that delegating is actually one of the most important skills they could have.

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6 min read

Accounting for Your Construction Company: Common Mistakes to Avoid

By Aaron Sullivan on Dec 5, 2019 3:29:09 PM

No matter what industry you’re in, accounting is one of those critical tasks that requires diligence and attention to detail. Needless to say, it’s not usually the favorite activity for most business owners or managers. Accounting for a construction company is even more complicated and often cumbersome. There are so many details, departments, and partners to consider that it’s a wonder anyone does it correctly at all!

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7 min read

How Accounts Payable Outsourcing Works and Why Your Business Needs It

By Aaron Sullivan on Nov 26, 2019 10:31:37 AM

Managing the relationships that your company has with suppliers and vendors is challenging. And the more vendors you have, the more at-risk you are for costly errors in your accounts payable process.

As your business grows, the complications that come with managing your accounts payable process in-house can slow down the growth of your business. If your company handles sensitive financial information, an accounts payable process that isn't high-functioning can even turn into a liability for your business to handle. It can become a bottleneck and slow everything down!

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12 min read

9 Nonprofits With the Ultimate Mission Mindsets

By Yanik Fati on Nov 21, 2019 2:25:04 PM

In a world where it can seem like unfairness and inequality run rampant, it’s sometimes hard to find a glimmer of hope. Fortunately, there are good people and businesses out there working day and night to make the world a bit brighter and more hopeful for the rest of us. We’re talking about leaders in the nonprofit space that are putting their mission before their profit.

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