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Bookkeeping

small business expense

5 Simple Items to Consider for Your Small Business Expense Checkup

Whether you’re budgeting for a new business or you’ve been operating for a while, performing regular expense checkups can help keep expenses down and profits up. Let’s talk about doing a small business expense checkup! I totally understand that your expenses will vary according to your industry. However, some operational expenses are common for RV …

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PPP Loan Forgiveness

PPP Loan Forgiveness and Recording PPP loan funds

Congrats! You’ve applied and received PPP (Paycheck Protection Program) funds. Now what? Let’s learn about PPP loan forgiveness and how to account for the funds on the books. First, the basics of the PPP funds as a recap. PPP Loan basics review The maximum PPP loan amount is 2.5 times your average monthly payroll expenses, …

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