Cash Clarity

50 episodes - English - Latest episode: over 3 years ago - ★★★★★ - 13 ratings

Do money and numbers have you stressed out? Not sure what your accountant is talking about? Are you feeling like your best isn’t good enough and business is spinning out of control? These are just some of the big questions that professional bookkeeper, Abby Nerderman, digs into on the Cash Clarity podcast. In addition to mini business masterclasses and step-by-step guides, each episode is designed to help you take immediate action on the most important strategies for starting, scaling, and automating your business. Abby’s specialty is breaking down money concepts in a way that makes sense for the non-MBAs in the world. Wondering the difference between profit and cash flow? Want to figure out how much to pay yourself? Need help understanding the financials? Discover why business owners turn to Abby Nerderman to maximize profit, implement the strategies that really get results, and transform that side hustle into a business with staying power.

Entrepreneurship Business Management business money bookkeeping accounting money management cash flow cash money cash clarity
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Episodes

How Smart People Save Money With The Vehicle Tax Deduction

November 12, 2020 11:00 - 14 minutes - 9.91 MB

#050: Did you know that you can lower your taxes by claiming vehicle expenses? Did you know there are two methods for making such claims? I break it all down today on Cash Clarity, plus I go over what you need to do to claim this money saver. Click here to find the show notes: http://goldenratiobookkeeping.com/050

How COVID-19 Has Affected The Accounting Industry

November 05, 2020 13:00 - 11 minutes - 7.7 MB

#049: Today on Cash Clarity, I’m talking about the changes brought about by COVID-19 as it pertains to the accounting industry. Find out what you can expect when working with accountants and bookkeepers now and in the future, plus uncover improvement opportunities for your own business. Click here to find the show notes: http://goldenratiobookkeeping.com/049

Depreciation- What You Need To Know To Save Money

October 29, 2020 13:00 - 15 minutes - 10.5 MB

#048: Your business assets determine how much you can write-off on your taxes every year, in other words, how much money you can save on taxes. This week on Cash Clarity, I go over how to maximize your those tax write-offs to keep more money in your pocket. Click here to find the show notes: http://goldenratiobookkeeping.com/048

What You Need To Know About Business Entities

October 22, 2020 12:00 - 12 minutes - 8.58 MB

#047: Your business entity has far-reaching legal and tax implications for your business. It’s one of the biggest decisions you can make inside your business. This week’s episode of Cash Clarity is all about business entities. What the different types are and why you might choose one over another. Click here to find the show notes: http://goldenratiobookkeeping.com/047

4 Steps For When You Get An IRS Tax Notice

October 15, 2020 18:00 - 12 minutes - 8.65 MB

#046: Paralyzed by that mail from the IRS? Don’t ignore it! In today’s episode of Cash Clarity, I’m going over the four steps you should take when you get a tax notice from the IRS. Click here to find the show notes: http://goldenratiobookkeeping.com/046

3 Costly Mistakes To Avoid When Paying For College

October 08, 2020 10:00 - 32 minutes - 22.4 MB

#045: Special guest, Cooper Hanning who is a financial advisor specializing in saving and paying for college, is on Cash Clarity this week to tell us the most common costly mistakes to avoid when paying for college. Plus much more! Click here to find the show notes: http://goldenratiobookkeeping.com/045

Money Vocabulary - 5 Words You Need To Know

October 01, 2020 10:00 - 13 minutes - 9.33 MB

#044: When you’re in business for yourself, talking about numbers and money is unavoidable. There are certain accounting terms that will pop up over and over. If you’re floating by too afraid to admit when you don’t understand the language being used in regard to accounting or finance, then this episode is for you, because I’m going over 5 accounting terms every business owner needs to know to feel smart and competent when talking about the money stuff. Click here to find the show notes: h...

10 Horrible Money Habits to Avoid (Encore)

September 10, 2020 12:00 - 29 minutes - 20.2 MB

#043: If you’re just getting started in the business, and you’re feeling a little anxious over not knowing what you don’t know, then this episode is for you! Or if you just want a reminder and get a sanity check then take a listen. In this encore presentation of Cash Clarity, I go over the 10 worst money habits you need to avoid as a business owner. Click here to find the show notes: http://goldenratiobookkeeping.com/043

12 Tax Scams You Should Know About In 2020

September 03, 2020 10:00 - 23 minutes - 16.3 MB

#042: 2020 has been a super crazy year, on top of that tax scams are occurring more frequently than usual this year. Scammers usually show up at tax time and during big natural disasters, but with COVID-19 on the prowl, the scammers are out in force. In today’s Cash Clarity episode, I’m reviewing the IRS dirty dozen of 2020, these are the biggest and worst scams going on right now. This is an episode you don’t want to miss. Click here to find the show notes: http://goldenratiobookkeeping.c...

5 Steps To Survive A Money Crisis

August 27, 2020 19:00 - 17 minutes - 12 MB

#041: Global pandemics, economic nose dives, unexpected setbacks like a natural disaster, or even a car accident - there are many faces that can cause personal financial hardship. Today on Cash Clarity, I provide 5 steps for surviving a money crisis - whether it’s personal or in your business, it doesn’t matter - these steps are going to help you through. Click here to find the show notes: http://goldenratiobookkeeping.com/041

How To Accept Credit Card Payments

August 20, 2020 20:00 - 15 minutes - 10.6 MB

#040: Today on Cash Clarity, I’m explaining what happens behind the scenes when a customer pays with a credit card plus I’m going into detail about the 3 key considerations a vendor needs to take into account in order to accept credit card payments from customers. Click here to find the show notes: http://goldenratiobookkeeping.com/040

5 Bookkeeping Mistakes Even Smart Entrepreneurs Make

August 13, 2020 09:00 - 22 minutes - 15.4 MB

#039: Getting hit with bank fees? Can’t quite trust your financial reports? Maybe you’re making 1 of 5 common bookkeeping mistakes. After years of observations in the bookkeeping biz, I’m reviewing the most common mistakes and how to avoid them on today’s episode of Cash Clarity. Click here to find the show notes: http://goldenratiobookkeeping.com/039

How To Start A Cash Flow Forecast

August 06, 2020 09:00 - 15 minutes - 10.7 MB

#038: In this new episode of Cash Clarity, I’m explaining step-by-step how to create a cash flow forecast so you can know exactly when to expect money to come in or out of your business. When a cash flow forecast is done correctly it can help you make those big purchase decisions with clarity and confidence. Click here to find the show notes: http://goldenratiobookkeeping.com/038

How To Pay Yourself As A Business Owner

July 29, 2020 09:00 - 16 minutes - 11.4 MB

#037: Many new business owners wonder “how do I actually pay myself when I’m the boss?” In this episode, I go over how to start paying yourself in 4 easy steps and what you need to know to stay out of trouble. Click here to find the show notes: http://goldenratiobookkeeping.com/037

How To Save Money On Your Business Taxes

July 23, 2020 09:00 - 16 minutes - 11.3 MB

#036: Do you know what expenses the IRS considers deductible? In this episode, I’m going over the 4 rules every business owner should know when it comes to passing the write-off test or, if misfortune would have it, an IRS audit. Getting it right means saving money on taxes! Click here to find the show notes: http://goldenratiobookkeeping.com/036

How To Breakthrough Money Mindset Barriers

July 16, 2020 10:00 - 22 minutes - 15.2 MB

#035: Sometimes when there are no external factors causing money problems, some of us still struggle with hopping over that invisible barrier to financial freedom and wealth. In this episode of Cash Clarity, I’m sharing how to break through money mindset barriers and attract more wealth. Click here to find the show notes: http://goldenratiobookkeeping.com/035

4 Best Software Tools For Starting A Business

July 09, 2020 14:00 - 26 minutes - 18.5 MB

#034: Sometimes I wish I could read reviews on Amazon for different software services just so I don’t get sucked into reading or watching tech reviews for hours on end. In today’s Cash Clarity episode I’m sharing all about 4 business tools that I use and love in my business. Click here to find the show notes: http://goldenratiobookkeeping.com/034

4 Coronavirus Tax Tips You Should Know

June 25, 2020 10:00 - 17 minutes - 12.3 MB

#033: Have you been wondering if there is any coronavirus economic relief for businesses available right now... without applying for a loan? This Cash Clarity episode is for you. I’m going over 3 tax credits and 1 tax deferral that are available due to the coronavirus pandemic. Click here to find the show notes: http://goldenratiobookkeeping.com/033

How Is Your Credit Score Calculated?

June 18, 2020 10:00 - 17 minutes - 11.9 MB

#032: Have you ever applied for a new credit card or loan only to get stopped in your tracks because of your credit score? In today’s episode of Cash Clarity, I’m explaining what your credit score is, why it’s important, the 5 measurables that make up your credit score, and the difference between your personal and business credit scores and how they play off of each other. Click here to find the show notes: http://goldenratiobookkeeping.com/032

8 Weekly Money Tasks To Control Cash Flow

June 11, 2020 07:00 - 12 minutes - 8.46 MB

#031: On today’s podcast episode, I’m going over my 8 step checklist for weekly bookkeeping related tasks to confidently control your cash flow without feeling like you’ve left the oven on after you left the house. Click here to find the show notes: http://goldenratiobookkeeping.com/031

How To Collect Money You're Owed

May 28, 2020 13:00 - 20 minutes - 14.3 MB

#030: Today’s Cash Clarity episode is about how to invoice your customers so they pay you almost immediately and how to collect payment when those invoices are overdue without feeling icky. Click here to find the show notes: http://goldenratiobookkeeping.com/030

What Are The Generally Accepted Accounting Principles?

May 21, 2020 07:00 - 14 minutes - 10.2 MB

#029: Generally Accepted Accounting Principles, or GAAP, standardizes the way accounting is performed by providing a clear set of definitions, assumptions, and methods. In today’s episode, I’m providing a high-level overview of the 10 main principles, so your bookkeeping can pass the GAAP gut check or at least gain clarity on where you can improve. Click here to find the show notes: http://goldenratiobookkeeping.com/029

3 Financial Metrics You Should Know About

May 14, 2020 12:00 - 13 minutes - 9.33 MB

#028: If you’re stuck looking at your financial statements and wondering what metrics should you actually pay attention to, then this episode of Cash Clarity is for you. Today I’m reviewing three metrics that will help you understand your performance. Click here to find the show notes: http://goldenratiobookkeeping.com/028

How Much Money You Should Spend On Bookkeeping

May 07, 2020 11:00 - 20 minutes - 14.3 MB

#027: Are you progressing through your accounting or bookkeeping journey and stuck on how much to budget? In today’s Cash Clarity episode, I will help you understand the different bookkeeping stages, when you should advance to the next stage, and how to budget for each stage accordingly. Click here to find the show notes: http://goldenratiobookkeeping.com/027

A Powerful Morning Routine To Jumpstart The Day

April 30, 2020 07:00 - 15 minutes - 10.5 MB

#026: In today’s Cash Clarity episode, I’m unveiling my morning routine and how it helps me maximize my energy for the day. Click here to find the show notes: http://goldenratiobookkeeping.com/026

The Best Way To Accomplish Remote Bookkeeping

April 23, 2020 07:00 - 17 minutes - 12 MB

#025: Have you ever wondered how bookkeeping can be done remotely? Today, I break it down step by step and review the technology you need to make it happen. Click here to find the show notes: http://goldenratiobookkeeping.com/025

How I'm Shaping A Business That's Awesome

April 16, 2020 07:00 - 14 minutes - 10.1 MB

#024: On today’s episode of Cash Clarity I’m sharing some behind the scenes strategies of how I run my business to make better decisions and make sure my team and I can follow through. Click here to find the show notes: http://goldenratiobookkeeping.com/024

How To Navigate Through Fear And Uncertainty

April 09, 2020 07:00 - 21 minutes - 14.5 MB

#023: Jenni Harshbarger licensed psychologist visits the podcast today to help us understand how to manage our thoughts through times of fear and uncertainty. Click here to find the show notes: http://goldenratiobookkeeping.com/023

5 Easy Ways To Save Money

April 02, 2020 07:00 - 12 minutes - 8.34 MB

#022: Learn 5 easy ways to save money in your business in this week’s episode of Cash Clarity. Click here to find the show notes: http://goldenratiobookkeeping.com/022

Work From Home Do's and Don'ts

March 26, 2020 07:00 - 18 minutes - 12.7 MB

#021: In this episode of Cash Clarity, I’m sharing all my best tips for being productive while working at home Click here to find the show notes: http://goldenratiobookkeeping.com/021

How To Double-Check Your Bookkeeping

March 19, 2020 07:00 - 14 minutes - 10.2 MB

#020: Find out how to avoid one of the biggest bookkeeping mistakes out there- not double-checking your work. In this episode, you will learn why it’s so important to double-check your bookkeeping, how to reconcile an account, and what do to if you find a problem during reconciliation. Click here to find the show notes: http://goldenratiobookkeeping.com/020

3 BIG Things I Wish I Had Done Sooner

March 12, 2020 07:00 - 19 minutes - 13.4 MB

#019: Sometimes we make mistakes and have to learn from them the hard way, and in this episode of Cash Clarity, I want to help you skip the hard path by sharing three of my BIG lessons learned. Click here to find the show notes: http://goldenratiobookkeeping.com/019

7 Things To Look For When Hiring The Right Bookkeeper

March 05, 2020 08:00 - 17 minutes - 12.1 MB

#018: Find out the key qualities to look for when hiring the right bookkeeper for your business. Click here to find the show notes: http://goldenratiobookkeeping.com/018

5 Free And Easy Ways To Implement Internal Financial Controls

February 27, 2020 08:00 - 18 minutes - 12.9 MB

#017: Today’s episode is about occupational fraud in the workplace and how you as a small business owner can implement some free and easy controls to protect yourself. Click here to find the show notes: http://goldenratiobookkeeping.com/017

What To Do When You're A Victim Of Credit Card Fraud

February 20, 2020 08:00 - 23 minutes - 16.2 MB

#016: Do you know what to do when credit card fraud happens to you? Learn the steps you should take plus how to reduce the chances of it happening at all in this episode of Cash Clarity. Click here to find the show notes: http://goldenratiobookkeeping.com/016