Top Bookkeeping Mistakes Small Businesses Make—And How We Fix Them | Giesler-Tran Bookkeeping

Top Bookkeeping Mistakes Small Businesses Make—And How We Fix Them Giesler-Tran Bookkeeping (GTB) has seen it all—common pitfalls that can trip up even the savviest small business owners. Here’s a look at the most frequent bookkeeping mistakes and how our expertise helps you avoid and correct them. Common Bookkeeping Mistakes Mixing Personal and Business Finances: […]

Top Bookkeeping Mistakes Small Businesses Make (and How to Avoid Them)

Common mistakes include mixing personal and business accounts, not reconciling regularly, missing merchant payouts, poor receipt capture, weak internal controls, and misclassifying transactions. Prevent them with monthly reconciliation, clear SOPs, bank feeds, and a simple Chart of Accounts. On the go? Listen on The Deep Dive — where we dig deeper into this topic: ‘Stop Draining […]

How to Detect and Prevent Employee Embezzlement & Theft — GTB

Embezzlement, employee theft.

How can I detect and prevent employee embezzlement or theft? Implement segregation of duties, regular reconciliations, dual approvals for payments, read-only bank feeds, and automated alerts. Combine controls with random spot checks and strong onboarding/offboarding processes to significantly reduce risk.  On the go? Listen on The Deep Dive — where we dig deeper into this […]

Bookkeeping Ethics: A Guide to Preventing Fraud and Errors | Giesler-Tran Bookkeeping

Bookkeeping ethics: integrity, documentation, segregation of duties, security, and month-end controls to prevent errors and fraud.

A practical guide to bookkeeping ethics—integrity, documentation, segregation of duties, security, and month‐end controls—so you can prevent errors and fraud and stay audit‐ready. What Are Bookkeeping Ethics? A Practical, No‐Nonsense Guide for Owners & Operators A GTB long‐form guide Ethical bookkeeping isn’t abstract—it’s the set of everyday behaviors and controls that keep your numbers accurate, […]

Stop wasting money! Our bank reconciliation guide reveals how to prevent fraud, find missing transactions, and ensure accurate financial records. Reclaim your cash today!

Bank reconciliation process showing a bookkeeper comparing a bank statement to financial software, ensuring no cash is left on the table for a small business.

Stop wasting money! Our guide to bank reconciliation reveals how to find missing transactions, prevent fraud, and ensure your financial records match your bank statements. Reclaim your cash and gain financial control. Bank Reconciliation: Stop Leaving Cash on the Table Bank reconciliation is one of the most powerful, yet overlooked, controls small businesses can use […]