Your FS Matrix

Wishing all the students a fantastic start to the new school year!

Happy Labour Day!

Today is a reminder to step away from the to-do list and celebrate all the hard work you put in throughout the year.

We hope you enjoy the holiday weekend!

What are your Labour Day plans?

We’ll be out of the office for the holiday weekend.

We’ll respond to all messages and emails when we return.

Have a safe and wonderful holiday weekend!

As your business grows, managing the numbers becomes more than just keeping your books up to date.

A fractional CFO can help you:

- Forecast revenue and cash flow

- Improve profitability

- Plan for hiring and growth

- Set realistic budgets and financial goals

- Understand what your numbers are telling you

- Make bigger financial decisions with more confidence

But good financial strategy starts with accurate numbers.

Let’s get your books organized so you have the financial information you need to plan your next move.

Book a call using the link in our profile or comment “books” below to learn more about our services.

September is a perfect time to get your books organized before the year-end rush begins.

Here’s what to check off your bookkeeping list this month.

Swipe to learn more!

Falling behind? Let’s get those books off your to-do list.

Book a call using the link in our profile or comment “books” below to learn more about our services.

Mark these important tax deadlines for September 2026.

Save this post for later and follow us for more practical money, bookkeeping, and business tax tips.

We’re almost through Q3 and heading into the final months of 2026, so now is the time to focus on your year-end goals and prepare for upcoming deadlines.

This month, take time to:

- Review your August numbers
- Get your books up to date
- Review your year-end revenue and profit goals
- Check your cash flow
- Start looking for a bookkeeper and tax accountant now
- Plan for year-end deadlines

What’s one business goal you’re working toward this September?

Need help keeping your business expenses organized and tax-ready?

Book a call using the link in our profile or comment "tax" below to learn more about our services.

A business loan is not income. It's a liability that you'll repay over time.

Here's how to record it correctly:

1. Create a loan liability account.

Set up a Long-Term Liability or Other Current Liability account (depending on the loan terms).

2. Record the loan deposit.

When the loan funds are deposited into your bank account, categorize the deposit to the loan liability account, not income.

3. Record your loan payments correctly.

Each payment includes:

- Principal, which reduces the loan balance
- Interest, which is recorded as an interest expense

4. Reconcile your loan account regularly.

Compare your QuickBooks loan balance to your lender's statements to ensure they match.

5. Keep all loan documents.
Save your loan agreement, payment schedule, and monthly statements for your records.

Recording business loans correctly helps keep your Balance Sheet accurate, your financial reports reliable, and your books tax-ready.

Need help cleaning up your books or reviewing your QuickBooks?

Book a call using the link in our profile, or comment "books" below to learn more about our bookkeeping services.

Before you expand, ask yourself:

- Can I afford the additional monthly expenses?

- Do I have enough cash flow to support growth?

- Is customer demand consistent?

- Have I reviewed my pricing and profit margins?

- Have I created a budget for the expansion?

- Do I have enough cash reserves?

- Do I have accurate financial reports to make this decision?

Expanding at the right time can fuel growth.

Expanding too soon can put unnecessary pressure on your business.

Save this post for when you're planning your next stage of growth, and follow for more practical CFO, bookkeeping, and business finance tips.