Author: BottomLine Management

Bottom Line Management Supports Local Businesses & Charities

Grubbys Poster Along with shopping, eating & drinking local, the crew here at Bottom Line Management loves it when we get the chance to help support other local North County San Diego businesses. Join us at Señor Grubby's 11th Anniversary Party & Charity Event to Support Warrior Foundation Freedom Station! Señor Grubby's is throwing their 11th Anniversary Party & Fundraiser to support the Warrior Foundation Freedom Station. The charitable event will feature carnival games, a dunk tank, face painting, raffles, giveaways, and more to raise money for injured warriors recovering at Camp Pendleton, Naval Medical Center San Diego and Naval Base San Diego. The event is free & open to the public, all ages are welcome. Here is a link to the event press release. All proceeds will be donated to Warrior Foundation-Freedom Station to fund quality-of-life items, support services and transitional housing for injured veterans of the Iraq and Afghanistan wars.

Spring Cleaning Tips for Business Owners: What Important Financial Documents To Keep

Did you give your business financials a Spring cleaning this year? As a business owner, you understand the importance of having essential financial documents at the ready. Things like your balance sheet, income statement and cash flow report should be easily accessible and updated regularly. But do you really need to keep seven years worth of federal & state tax returns?

New Sales and Use Tax Rates Operative April 1, 2019

If you own a business in Oceanside, the tax rate has increased from 7.75% to 8.25%, effective April 1, 2019. The tax rate for all other cities in North County San Diego remains unchanged. The sales and use tax rates vary depending on your retail location, with a base sales and use tax rate of 7.25 percent applied statewide. In addition to the statewide sales and use tax rate, some cities and counties have voter- or local government-approved district taxes.

3 Financial Mistakes That Are Hurting Your Business

As a local business owner you want to ensure you're doing everything possible to maximize profit & minimize loss. Financial mistakes can impact your business in the near & long-term, in order to prevent them you need to understand what the potential mistakes are, and how to avoid making them in the first place.

The Basics of Payroll Management

Maybe you have a team of twenty, or maybe you just hired your first employee, either way, you know how important it is to make sure your employees actually get paid. If you’re not familiar with payroll management, you'll quickly find yourself searching for answers. Payroll management comes with an entirely different learning curve than say

Bookkeeping Costs for Your Business

Not to answer a question with another question, but how much is it costing your business by not having a dedicated bookkeeper? Bookkeeping costs depend on a number of factors, whether you're running a neighborhood restaurant or a multi-national conglomerate. When first starting out, many small businesses require the basic bookkeeping services such as paying bills (accounts payable), collecting accounts receivable, recording