The Accounting Edit

In this episode, Leah and Aminder share their insights onessential business softwares including accounting, payroll, accounts payable, receivable, and project management tools. Perfect for entrepreneurs and growing firms, this discussion helps you choose the right tech stack to streamline your operations.   Takeaways ·     Choosing between QuickBooks Online and Zero foraccounting ·     Best payrol...

Leah and Aminder discuss the unique challenges women face in entrepreneurship, focusing on talking about money, managing emotional stress, and building authority over time. This episode offers practical insights and personal experiences to empower women entrepreneurs.   Takeaways ·     Women tend to be conditioned to avoid discussing money, which can hinder confidence. ·     Confidence in talking...

This episode explores the differences between being busy and growing a business, the importance of culture fit in client relationships, and debunks the myth that more education is always necessary before starting. Hosts Aminder and Leah share practical insights on pivoting, client management,and trusting your own expertise to accelerate growth.   Takeaways ·     Difference between being busy and g...

In this episode, hosts Aminder and Leah reflect on their first year of podcasting, sharing surprises, lessons learned, and their vision for the future of The Accounting Edit. They discuss personal growth, community building, and plans to bring more diverse perspectives into their content.   Takeaways ·     Reflections on first year of podcasting ·     Surprising lessons about entrepreneurship ·   ...

This episode explores the critical importance of monthly updated books for business growth, debt funding, and tax planning. Leah and Aminder discuss how accurate, timely financial records empower business owners to make informed decisions, secure funding, and optimize tax strategies.   Takeaways ·     Importance of monthly updated books ·     Debt funding and business credit ·     Tax planning and...

This episode explores the transition from employee to entrepreneur, focusing on radical ownership, redefining success, and protecting your energy. Hosts Aminder and Leah share personal insights and practical tips for navigating this transformative journey.   Takeaways ·     Mindset shift from employee to entrepreneur ·     Radical ownership of business and life ·     Redefining success beyond titl...

In this episode, Aminder shares her detailed process forsetting and tracking goals, blending corporate frameworks with personal insights. Discover how her disciplined approach helps balance business growth with life balance, and get practical tips for starting your own goal-setting journey.   Takeaways ·     Start small: focus on one achievable goal at a time. ·     Track progress regularly: weekl...

This episode offers an in-depth look into the behind-the-scenes work of running a business, focusing on invisible tasks, emotional challenges, and growth strategies for entrepreneurs. Leah and Aminder share personal insights and practical tips for balancing ambition, managing stress, and building sustainable success.   Takeaways ·     Business owners do a lot of unseen work that iscrucial for succ...

Why do so many six figure businesses stay stuck? In this episode, Aminder Mann (Sequoia CPA) and Leah McCool(Orca Accounting) break down why growing revenue is not the same as scaling a profitable business. They share the key financial and operational mistakes that keep service-based businesses from reaching seven figures. From poor margins and inconsistent financial reviews toreactive hiring and...

This episode explores the importance of bookkeepingcleanup for small businesses, covering triggers, processes, common issues, and when to seek professional help. Learn how to restore your financial records, improve decision-making, and set a strong foundation for growth. Takeaways ·     Messy books are usually a systems issue, not character flaw. ·     Regular cleanup helps in making data-driven d...

In this episode, Aminder and Leah discuss essential financial metrics for businesses, focusing on net cash flow and net profit margin. They explore how these metrics provide insights into a business's financial health and sustainability, emphasizing the importance of understanding cash inflows and outflows, as well as profitability. The conversation highlights the need for business owners to t...

In this conversation, Leah and Aminder discuss the challenges of bookkeeping for business owners, highlighting signs that indicate when it's time to seek professional help. They explore the emotional burden of managing finances, the importance of understanding financial literacy, and the complexities that arise as a business grows. The discussion emphasizes the benefits of outsourcing bookkeep...

In this episode, Aminder Mann and Leah McCool delve intoessential accounting terminology, aiming to demystify common terms used in the field. They cover key concepts such as the General Ledger, Trial Balance, Chart of Accounts, Journal Entries, Profit and Loss Statements, and more. The discussion provides insights into how these terms interrelate and their significance in understanding financial s...

In this conversation, Leah and the Accounting Podcastteam discuss essential tips and deadlines for small business owners as they enter the new year. They cover important topics such as 1099 forms, W-2s, year-end closing procedures, financial performance analysis, and sales tax filings. The discussion emphasizes the importance of compliance, organization, and strategic planning for the upcoming yea...

In this reflective podcast episode, Aminder and Leahdiscuss their experiences and lessons learned throughout 2025, their growth as entrepreneurs, and their predictions for the upcoming year. They share insights on the importance of networking, referral marketing, and the emotional journeyof starting a business. The conversation highlights the significance of trusting the process, adapting strategi...

In this episode, Leah and Aminder compare two popularaccounting software platforms, Xero and QuickBooks Online. They discuss the strengths and weaknesses of each platform, focusing on ease of use, target audience, bank reconciliation processes, invoicing features, reporting capabilities, and common mistakes made by users. The conversation aims to help small business owners make informed decisions...

In this episode, Leah McCool and Aminder Mann discuss theimportance of monthly accounting updates and the monthly close process. They outline the steps involved in closing the books each month, the tools they use to streamline the process, and common issues that arise in clients' accountingpractices. The conversation emphasizes the significance of maintaining accurate financial records for bus...

In this episode, Aminder and Leah discuss the importanceof cash flow statements in business accounting. They explain what a cash flow statement is, how to read it, and the common mistakes business owners make when analyzing their cash flow. The conversation emphasizes the significance of understanding cash flow for making informed business decisions and ensuring financial stability.   Takeaways · ...

In this episode, Aminder Mann and Leah McCool delve intothe intricacies of the balance sheet, a fundamental financial statement for businesses. They explain its components, including assets, liabilities, and equity, and emphasize the importance of understanding how these elements reflect a business's financial health. The hosts also discuss common mistakes made in balance sheet management and...

In this episode, Aminder and Leah share their entrepreneurial journeys, discussing the highs and lows of starting theiraccounting firms. They reflect on their initial challenges, the importance of community and networking, and the strategies they've implemented to grow their businesses. The conversation also touches on the emotional aspects ofentrepreneurship, including self-doubt and the sign...

In this episode, Leah and Aminder dive deep into the significance of Profit and Loss (P&L) statements for business owners. Theydiscuss what a P&L statement is, why it matters, and how to effectively analyze it to make informed business decisions. The conversation covers key components such as revenue, gross margin, and net income, as well as commonmistakes that business owners make when re...

In this episode of the Accounting Edit podcast, Leah and Aminder reflect on their summer experiences as businessowners, discussing the joys of flexibility, personal growth, and the importance of protecting their time. They share personal wins, lessons learned, and their weekend routines, while also looking ahead to the fall and setting new habitsfor their businesses. The conversation emphasizes th...

In this episode, Leah and Aminder discuss the intricaterelationship business owners have with money, exploring various approaches to growth, the concept of sustainable growth, and the importance of running lean to achieve higher profit margins. They share personal experiences and insightson how their backgrounds influence their financial decisions and strategies for business success. Takeaways ·  ...

In this episode, Aminder and Leah discuss five essentialtips for staying organized with bookkeeping. They emphasize the importance of establishing a regular bookkeeping routine, separating business and personalfinances, choosing the right accounting software, digitizing receipts, and regularly reviewing financial reports. These practices are crucial for effective financial management and can signi...

In this episode, Aminder and Leah delve into the intricacies of financial statements, focusing on the balance sheet, profit and loss statement, and cash flow statement. They discuss the importance of understanding these documents for business owners, identifying red flags, and the role of advisory services in helping clients navigate their financial landscape. The conversation emphasizes the need...