Redmond Accounting Inc

Accounting

Accounting Archives

Financial Mistakes

The Top 5 Financial Mistakes Small Businesses Make and How to Avoid Them

The Top 5 Financial Mistakes Small Businesses Make and How to Avoid Them Running a small business is both exciting and demanding. Between acquiring customers, delivering value, and managing operations, many owners underestimate how critical financial management is to long-term success. A few common financial mistakes can easily sink a business, but with awareness and […]

The Top 5 Financial Mistakes Small Businesses Make and How to Avoid Them Read More »

Rippling for payroll

Using Rippling for Payroll: A Practical Guide for Small to Mid-Size Companies

Using Rippling for Payroll: A Practical Guide for Small to Mid-Size Companies Payroll is one of those business functions that’s essential, sensitive, and sometimes, a little dread inducing. Mistakes cost money, missed filings invite penalties, and manual processes waste hours. Rippling is an all-in-one workforce platform that collapses HR, payroll, benefits, and even IT into

Using Rippling for Payroll: A Practical Guide for Small to Mid-Size Companies Read More »

Intuit Enterprise Suite

Migrating to Intuit Enterprise Suite: What to Expect

Migrating to Intuit Enterprise Suite: What to Expect   In our last blog  post, we introduced what Intuit Enterprise Suite (IES) is. This post focuses on the journey: how companies are moving to it, where it’s delivering the most value, and what questions to ask before diving in. Why Companies Are Moving to IES Early

Migrating to Intuit Enterprise Suite: What to Expect Read More »

Intuit Enterprise Suite

Intuit Enterprise Suite: Mid-Market Accounting Revolution

Intuit Enterprise Suite: Mid-Market Accounting Revolution   For decades, QuickBooks has been synonymous with small-business accounting. But as companies grow, they inevitably face a dilemma: their financial needs become too complex for lightweight tools, yet full ERP systems feel like overkill.  They’re too costly, too rigid, and too slow to implement. Enter Intuit Enterprise Suite

Intuit Enterprise Suite: Mid-Market Accounting Revolution Read More »

How to Optimize Remote Worker Expenses with Expensify

How to Optimize Remote Work Expenses with Expensify

Leveraging Expensify to Optimize Remote Work Expenses At least 20% of U.S. workers are working remotely. While the work-from-home (WFH) movement has many perks, it also brings risks, especially when it comes to remote work expenses.  Optimizing your current setup can help you stay compliant and maintain visibility and control over decentralized spending in your

How to Optimize Remote Work Expenses with Expensify Read More »

Cash Flow vs. Profit

Cash Flow vs. Profit: Why Both Matter for Growing Businesses

Every successful business owner keeps a close eye on their bottom line, but focusing on profit alone doesn’t always tell the full story. You can show a healthy profit on paper and still struggle to pay the bills. On the flip side, you might have strong cash flow even while posting a short-term loss. Understanding

Cash Flow vs. Profit: Why Both Matter for Growing Businesses Read More »

Cash flow for law firms

Managing Cash Flow for Law Firms: Billable Hours vs. Fixed Fees

Law firms face a unique challenge when it comes to managing finances: balancing the ebb and flow of client billing with the steady need for predictable cash flow. Whether your practice relies on billable hours, fixed fees, or a hybrid model, each approach affects how money moves through your business. Understanding cash flow for law

Managing Cash Flow for Law Firms: Billable Hours vs. Fixed Fees Read More »

Financial Checklist

Q4 2025 Financial Checklist: 6 Tasks Every Business Should Tackle Before Year-End

Q4 2025 Financial Checklist: 6 Tasks Every Business Should Tackle Before Year-End Can you believe it? It seems like yesterday you were spring cleaning your finances, and today, we’re talking about an end-of-year financial checklist. What you do today to close out the year strong will help guide you in 2026. We have a lot

Q4 2025 Financial Checklist: 6 Tasks Every Business Should Tackle Before Year-End Read More »

recurring revenue

Mastering Recurring Revenue: Setting Up Subscription Billing in QuickBooks

Recurring revenue is the lifeblood of subscription-based businesses. Whether you’re running a SaaS company, a membership program, or a service with monthly retainers, predictable income brings stability and growth potential. But recurring revenue also requires careful tracking, accurate forecasting, and streamlined billing processes. QuickBooks Online (QBO) offers the tools to handle subscription billing effectively, helping

Mastering Recurring Revenue: Setting Up Subscription Billing in QuickBooks Read More »

Trust accounting

Trust Accounting Made Simple: How to Stay Compliant in QuickBooks Online

For law firms, managing client trust funds isn’t just another bookkeeping task, it’s a serious fiduciary responsibility. Every dollar held in trust belongs to a client, not the firm. Mishandling these funds, even unintentionally, can put your practice at risk of audits, penalties, and even disciplinary action. That’s why understanding trust accounting and using the

Trust Accounting Made Simple: How to Stay Compliant in QuickBooks Online Read More »