Bank Loan Denial: How Disorganized Books Kill Funding (and How to Fix it)
A bank loan denial is often the harsh wake-up call that forces a business owner to look closely at their financial records for the first time. Effectively, presenting disorganized books to a lender is the fastest way to get your loan application denied, regardless of how profitable your business might actually be. However, many business […]
The Hidden Cost of “Good Enough Books”: Why Accurate Financials Matter
Effectively, relying on good enough books creates a false sense of security that can quietly undermine your entire business. Unfortunately, many owners believe that “close enough” is acceptable until a payroll error, a missed vendor credit, or a rejected loan application costs them thousands. Specifically, good enough books hide cash leaks, increase audit risk, and […]
AI Bookkeeping Dangers: The $350 Shortcut That Cost a Business Thousands
Recently, the promise of AI bookkeeping has flooded the market, offering business owners a tempting proposition: fully automated financial records for a fraction of the cost of a human professional. Initially, this sounds like a dream come true for entrepreneurs looking to cut overhead. However, at Giesler-Tran Bookkeeping (GTB), we have witnessed the fallout when […]
Why a Certified QuickBooks Expert is Your Best Investment
When your business runs on financial software, you need more than just data entry; you need a certified QuickBooks expert. Initially, many business owners believe they can manage QuickBooks Online (QBO) on their own. However, they quickly realize that the software is robust, complex, and easy to mess up without proper training. At Giesler-Tran Bookkeeping […]