tag:blogger.com,1999:blog-42884598280334813312011-04-21T18:13:13.764-07:00Professional bookkeeping services for individuals and small companies.Schloemer Bookkeepinghttp://www.blogger.com/profile/06213678931934699384noreply@blogger.comBlogger31100tag:blogger.com,1999:blog-4288459828033481331.post-55763884519023678522008-11-19T19:21:00.000-08:002008-11-20T08:07:32.369-08:00To provide a basic understanding of the bookkeeping process we will be providing some general definitions and guidelines for the next few weeks as well as giving money saving tips and how to take advantage of a slow economy.<br /><br /><strong>Definition:</strong><br /><br />The two main principles of bookkeeping are debit and credit. If the following directions for debit and credit are strictly followed, a mistake will never be made.<br /><br /><em>When to debit</em>---<br /><br />Cash: When you receive it.<br />The person: When you trust any one.<br />The person: When you pay any one.<br /><br /><em>When to credit</em>---<br /><br />Cash: When you pay it out.<br />The person: When he trusts you.<br />The person: When he pays you.<br /><br /><strong><em><span style="color:#006600;">Money Saving Tip:</span></em></strong><br /><strong></strong><br /><strong></strong>Let's talk auto insurance. Consumer Guide recently published the results of their readers regarding how long they had been with their current auto insurance provider. The result was 15 years! That is a long time not to shop around and consider the changes within the insurance industry in recent years not a wise way to save money.<br />Depending on you profile and where you live, you might be able to save hundreds a month by taking the time to shop around.<br /><br /><em><span style="color:#006600;"><strong>How to do it.</strong></span></em><br /><em><span style="color:#006600;"></span></em><br /><span style="color:#006600;"><em></em><span style="color:#333333;">Start at the Web site of the</span> <span style="color:#3333ff;">National Association of Insurance Commissioners</span> <span style="color:#330000;">and click on</span> <span style="color:#330000;"><span class="blsp-spelling-error" id="SPELLING_ERROR_0">NAIC</span> States &amp; Jurisdictions to find your state's insurance department. Most providers comparative premium quotes based on standard customer profiles. If your state doesn't, you can get quotes from insurers by phone or over the Internet. You can also compare premiums from multiple carriers by using independent Web sites, such as</span> <span style="color:#3366ff;"><span class="blsp-spelling-error" id="SPELLING_ERROR_1">Insweb</span></span>, <span style="color:#3333ff;">Insurance.com</span>, </span><span style="color:#330000;">and </span><span style="color:#3333ff;">insure.com</span><br /><span style="color:#3333ff;"></span><br /><span style="color:#3333ff;"><span style="color:#330000;">The bottom line</span> </span><span style="color:#330000;">is you must take the time to shop around and compare rates and coverage. Also consider increasing your <span class="blsp-spelling-corrected" id="SPELLING_ERROR_2">deductible</span> to a minimum of $1,000.0. This could save you even more.</span><br /><span style="color:#330000;"></span><br /><span style="color:#3333ff;"></span><br /><em></em><br /><br /><em></em><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/4288459828033481331-5576388451902367852?l=schloemerbookkeeping.blogspot.com' alt='' /></div>Schloemer Bookkeepinghttp://www.blogger.com/profile/06213678931934699384noreply@blogger.com0tag:blogger.com,1999:blog-4288459828033481331.post-65122756692302570152008-11-18T14:19:00.000-08:002008-11-18T14:21:18.584-08:00Visit this blog everyday as I and my associates will post new "Daily Tips" to help you save money in business. So, that you can have more money in your personal life. If you have specific questions that you would like us to answer, please send us an email or feel free to post here. I'll answer as quickly as possible. <br /><br />Cheers!<br />Pam - Schloemer Bookkeeping Services<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/4288459828033481331-6512275669230257015?l=schloemerbookkeeping.blogspot.com' alt='' /></div>Schloemer Bookkeepinghttp://www.blogger.com/profile/06213678931934699384noreply@blogger.com0tag:blogger.com,1999:blog-4288459828033481331.post-63880492977560313982008-11-18T14:17:00.000-08:002008-11-18T14:19:02.491-08:00Yes, there are hundreds if not thousands of bookkeeping tips blogs - but I hope you will enjoy my blog and come visit often. Feel free to post me a question via email and I will post an answer online so everyone can learn.<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/4288459828033481331-6388049297756031398?l=schloemerbookkeeping.blogspot.com' alt='' /></div>Schloemer Bookkeepinghttp://www.blogger.com/profile/06213678931934699384noreply@blogger.com0