by Jelena Arkula | Oct 2, 2026 | Procedures
A Santa Monica business license is required for anyone doing business in the city. It costs $75 plus a percentage of gross receipts over $60,000, and it renews every July 1 with a grace period to August 31. Culver City, West Hollywood, and Beverly Hills each run their...
by Jelena Arkula | Sep 30, 2026 | Procedures
Startup bookkeeping due diligence comes down to five systems: a monthly close that finishes on time, revenue that ties to contracts and bank deposits, a balance sheet that carries every SAFE, note, and loan, a burn and runway report built from real cash, and clean...
by Jelena Arkula | Sep 28, 2026 | Procedures
Monthly financial reports worth a small business owner’s time come down to five: the profit and loss statement, the balance sheet, the accounts receivable aging, the accounts payable aging, and a cash view for the next few weeks. Read those five for twenty...
by Jelena Arkula | Sep 23, 2026 | Procedures
California payroll taxes come in four parts, and only two of them cost the employer money. You pay Unemployment Insurance, 3.4 percent for new employers on the first $7,000 per employee. You also pay the Employment Training Tax, 0.1 percent on the same $7,000....
by Jelena Arkula | Sep 21, 2026 | Procedures
Santa Monica bookkeeping has three local wrinkles that a generic setup misses. First, a city business license tax based on your gross receipts. Second, a seasonal revenue curve driven by tourism and the beach. And third, a sales tax district that differs from the city...
by Jelena Arkula | Sep 18, 2026 | Procedures
A monthly bookkeeping close is the set of steps that turns a month of bank activity into financial statements you can trust. At minimum it includes reconciling every account, categorizing and reviewing every transaction, checking receivables, payables, and payroll,...
