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Steingard Insights
Practical financial education for owners responsible for running the business.
Three years of articles on bookkeeping, payroll, taxes, cash flow, and financial reporting — browse the latest below or jump into a topic from the Insights menu.
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How to Create a Chart of Accounts for Your Service Business
Before you can build your Chart of Accounts, you first need a solid grasp of how to categorize all your financial activities.…
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10 Month End Close Best Practices for Service Businesses in 2025
For any service business owner, the month-end close can feel like a recurring storm of spreadsheets, reconciliations, and looming deadlines. It’s a…
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Your Ultimate 8-Point Year End Close Checklist for Service Businesses (2025)
The end of the fiscal year can feel like a chaotic sprint for service-based business owners. Between finalizing client projects and strategic…
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What Is Accounts Payable Workflow Explained Step by Step
An accounts payable workflow is the step-by-step process your finance team follows to receive, verify, approve, and pay vendor invoices—then reconcile every…
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10 Financial Reporting Best Practices for Service Businesses in 2025
For any service business, accurate financial reporting is more than just a regulatory hurdle; it’s the bedrock of strategic decision-making. Inconsistent data,…
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Best Accounting Software for Startups A Founder’s Guide
For a startup just getting off the ground, the right accounting software needs to walk a fine line between being easy to…
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Payroll Services for Small Businesses: A Guide for Owners
For most small business owners, payroll is one of those necessary evils. It’s a high-stakes, time-consuming task that pulls your attention away…
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Payroll Services for Small Business: A Practical Guide to Payroll Efficiency
When you’re running a small business, payroll can feel like one of those necessary evils. It’s the complex, time-sucking task that pulls…
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How to Improve Employee Retention and Reduce Turnover
If you want to improve employee retention, you can’t just throw solutions at the wall and see what sticks. You have to…
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What Is P&L Management: what is p and l management for your business?
P&L management is the active process of using your Profit and Loss statement to make strategic business decisions. It’s not just about…
