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Author: foggedin

12 Mar

Posted at 11:12h in Off the Cuff by
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Our Fogged In team wanted to give you an update as the Coronavirus pandemic spreads and begins to have impacts big and small on our daily lives and businesses.  As we proceed without panic, but with an abundance of caution, our team may make some small, and temporary, changes in our operations.  These changes will have very minimal impacts as we are already a virtual firm.

Fogged In Bookkeeping Operations

Fogged in Bookkeeping Operations in the day-to-day accounting work will remain unchanged.  Except for Lucretia here in our Nantucket office, the team works remotely from their homes.  Our systems are cloud-based and are set up for fully remote work.  Below are our everyday recommendations that become even more important now.

15 Apr

Posted at 11:24h in Bookkeeping Accounting by
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Paperless Bookkeeping

Can your business really break free of paperwork?  Is a file cabinet free office really possible?

The short answer is yes, absolutely.  Paperless bookkeeping is possible and as good as it sounds.  The longer answer is that it takes having the right tools, a solid data back up plan, and practice.  Being paperless is as good as it sounds, and getting there doesn't have to be a long journey.  At Fogged In we can generally convert a business to paperless in a day or two.

03 Mar

Posted at 15:10h in Bookkeeping Accounting, Fogged In Bookkeeping by
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Bookkeepers As Partners, Not Opponents

We, bookkeepers and accountants, may get a bad rap.  We are often characterized as rigid beancounters who suck the fun out of entrepreneurship.  Bookkeepers must straddle the worlds of inflexible compliance and chaotic entrepreneurial spirit. The "advisor" variety of bookkeeper has the job of nurturing the entrepreneur's idea, and coincidentally the spirit of entrepreneurship itself.  Bookkeepers must do this while also guiding along a perilous journey. Lack of cash flow, payroll rules and fines, audits, and lawsuits lurk in the margins waiting to bring down even your best ideas.