expenses | HM Accounting

Navigating the Slow Season: Financial Management Tips for Service-Based Businesses in December

As the year draws to a close, service-based businesses often find themselves facing a common challenge: the December slow season. While...

Not Knowing Your Numbers Could Be Costing You

As an accountant, I see a lot of business owners trying to grow their businesses without knowing their numbers. It’s just not going to...

Costs that can be claimed as tax deductions for Property Owners

This part pertains to you if you own a property that you rent to another person to earn extra money. There are some high-cost expenses...

Company Workbook

Download our company workbook below which includes an income statement and balance sheet as well as tabs to assist you to complete your...

What is a Profit and Loss Statement and why do I need it?

A profit & loss statement (P&L aka income statement) is a financial report that shows your total income, total expenses and net income...

Doing your own bookkeeping? Here's what you need to know

Trying to DIY your bookkeeping? You NEED these four things 👇🏻 ✓ A separate bank account... running expenses through your personal...

Five Tips for Start-up Businesses

Feel like entrepreneurship is calling your name? Or just need a little motivation boost on the way to big business success? We’ve put...