🔥 It’s All Equity, Baby! 🔥
Let’s settle the spicy S Corp debate once and for all... is it Owner’s Pay, Shareholder Distribution, or Magic Unicorn Money? 🦄💸 Spoiler: it’s all equity—and it all ends up in the same dang spot on the balance sheet.
Here’s the real talk:
🔹 Call it what clicks – Owner's Pay? Shareholder Distribution? “Money I Took”? If your client gets it, it works. 📊🤷♀️
🔹 Don't get account-kneezy – Clients don’t care if it’s equity or an intergalactic debit reversal. Speak their language. 👽📈
🔹 Close it and move on – Year-end? Sweep that equity into retained earnings and stop clinging to old draws like it’s your ex’s hoodie. 🧮🧥
💬 Drop a comment with the weirdest equity label you've ever seen. Bonus points if it made you laugh and cringe.
🔥 Join our Bookkeepers On Fire Community to connect 🤝, collaborate 💬, and thrive 🚀 with like-minded professionals who are passionate about bookkeeping, accounting and business growth.
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#BookkeepersOnFire #AccountingHumor #EquityOrWhatever #SpicyBooks #QuickBooksTips #SassyAccounting #ClientSpeakMatters #ItsAllEquity
What is Bookkeepers On Fire with Deb & Donna?
Where bookkeeping meets bold ideas, disruptive strategies with a whole lot of laughter. Donna with her genius in Systems, Processes, and Optimization and Debbie sharing Quick Wit, Funny Insights, Resolute Belief in people, break down what’s working - and what’s not.
Unlock the brilliance behind every episode. Experience the heat, the laughs, and the hard truths of virtual bookkeeping—come see what actually works.
Join us for the fire, the laughs, and the unfiltered truth about running a bookkeeping business today’s AI World.
Meet Your Hosts:
✨ Donna Reade
Visionary behind the award winning firms Team Reade and NextGenBookkeepers
Champion of AI-Native workflows and subscription pricing models
Known for mixing strategy with storytelling (and just the right dash of sarcasm)
✨ Debbie Kilsheimer
Founder of Behind the Scenes - A firm that redefines client relationships.
Speaker of Uncomfortable Curiosity - pushing boundaries, stirring deep thinking and meaningful change
Humor that slaps: cutting, honest, light-hearted
Together, Donna and Debbie light up conversations that Inspire, Educate, and Empower bookkeepers and accountants everywhere to build profitable, joyful, and future-ready businesses.
🎙️ Subscribe, tune in, and get ready to Turn Up The Heat on your bookkeeping journey!