The Profitjets Blog
Finance Writing for People Running the Business
Practical articles on bookkeeping, accounting, tax, payroll and financial strategy, written for founders and operators rather than for other accountants.
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What is Bookkeeping: A Step-by-Step Guide
What bookkeeping covers, how it differs from accounting, and the five-step process behind a clean set of books.
The library
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Filter by the area you are working on.
EOR vs Subsidiary in India: Which One Should You Choose
What each route commits you to, and the point where the answer changes
How to Choose an EOR Provider in India
Nine questions worth asking before you sign, and what a good answer sounds like
How to Hire Employees in India Without Setting Up a Company
Four routes, what each one really risks, and how to choose between them
PEO vs EOR in India: Which One Can You Actually Use
One of them needs an Indian entity you may not have, and that settles most cases
What an Employer of Record in India Really Costs
The three layers of the bill, and which one is worth negotiating
What we write about
Eight topics we come back to
Pick a topic and the library above filters to it.
Bookkeeping
Clean books, reconciliations, chart of accounts and month-end close.
Accounting
Close process, financial statements, cash against accrual, and reporting that gets used.
Tax
Preparation, planning, entity choice, deductions, quarterly estimates and the IRS forms behind them.
CFO
Forecasting, cash flow, fundraising readiness and the executive roles founders confuse.
Payroll
Withholding, payroll taxes, W-2s and 1099s, and multi-state teams.
Metrics
The ratios and statements that tell you what is actually happening in the business.
Software
QuickBooks, Xero, NetSuite and the tools that feed them.
Business Finance
Entity formation, banking, budgeting, funding and getting the finances in order.
Would You Rather We Just Did It?
Reading about reconciliation is useful. Not having to do it is better.