Thornley & Knight

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Thornley & Knight Thornley & Knight serves businesses with accounting, planning and financial management services that helps protect their present and future.

We believe in building long-term partnerships with all of our clients.

The right timing depends on your business, tax situation, and whether you’re actually ready to start operating.Have ques...
10/30/2026

The right timing depends on your business, tax situation, and whether you’re actually ready to start operating.

Have questions? Comment below!

Follow our page for more bookkeeping, financial, and smart business tips to help you grow your business.

You should start paying attention to your cash flow now, NOT when you’re struggling to cover expenses.Here are the money...
10/29/2026

You should start paying attention to your cash flow now, NOT when you’re struggling to cover expenses.

Here are the money conversations you should be having with yourself, your CFO, or your bookkeeper:

- How much cash is actually coming in each month?

- What large expenses are coming up?

- How much is sitting in unpaid invoices?

- Can we comfortably cover payroll, taxes, and other bills?

- Which expenses are increasing?

- Do we have enough cash set aside for slower months?

- What does our cash flow look like for the next 30, 60, and 90 days?

Good cash flow management starts with knowing what’s coming before it happens.

Need help keeping your books accurate so you can make better financial decisions?

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

Not all business expenses are treated the same!Some are everyday costs of running your business, while others are purcha...
10/28/2026

Not all business expenses are treated the same!

Some are everyday costs of running your business, while others are purchases that provide value over a longer period of time.

Knowing the difference matters because how an expense is recorded can affect your financial reports and tax liability.

Not sure your expenses are being recorded correctly? That’s where we can help!

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

10/27/2026

The main difference is fixing past mistakes vs. catching up on missing work:

Clean-Up Bookkeeping
Your books are up to date, but they may contain errors or inconsistencies. Clean-up can include:

- Correcting miscategorized transactions
- Fixing duplicate or inaccurate entries
- Reconciling account discrepancies
- Reviewing financial records for accuracy

Catch-Up Bookkeeping
Your bookkeeping has fallen behind and needs to be brought current. Catch-up can include:

- Entering months of missing transactions
- Reconciling past bank and credit card accounts
- Recording outstanding income and expenses
- Bringing financial reports up to date

Either way, getting your books in order means clearer numbers, better decisions, and less stress at tax time.

Not sure which one your business needs? Let’s talk!

The year isn’t over yet, and there’s still time to get your business finances in better shape.Here are some important th...
10/27/2026

The year isn’t over yet, and there’s still time to get your business finances in better shape.

Here are some important things to review before year-end.

Follow our page for more bookkeeping, financial, and smart business tips to help you grow your business.

And save this post for later!

Ready to stop stressing about your bookkeeping?We make it easy to get started and get the bookkeeping and financial supp...
10/26/2026

Ready to stop stressing about your bookkeeping?

We make it easy to get started and get the bookkeeping and financial support your business needs.

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

It’s !Tag a woman-owned business below!Let’s help more women-owned businesses get seen and supported.
10/24/2026

It’s !

Tag a woman-owned business below!

Let’s help more women-owned businesses get seen and supported.

Holiday mode is loading...What’s one thing your business needs to get done before the start of the holidays? Comment bel...
10/23/2026

Holiday mode is loading...

What’s one thing your business needs to get done before the start of the holidays?

Comment below!

Catch-up and clean-up bookkeeping may sound similar, but they solve different problems.You need catch-up bookkeeping if ...
10/22/2026

Catch-up and clean-up bookkeeping may sound similar, but they solve different problems.

You need catch-up bookkeeping if your books are behind and transactions haven’t been recorded for several months or longer.

Catch-up bookkeeping can include:
- Entering missing transactions
- Catching up bank and credit card accounts
- Bringing your books completely up to date

You need clean-up bookkeeping if your transactions have been recorded, but your books contain errors or inaccurate balances.

Clean-up bookkeeping can include:
- Fixing miscategorized transactions
- Reconciling accounts
- Correcting balances and bookkeeping errors

And sometimes, your books need both a catch-up and a clean-up.

Not sure what your books need?

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

Don’t pull your 2027 goals out of thin air!Start with your actual 2026 numbers.Here’s what to look at:- Revenue: What di...
10/21/2026

Don’t pull your 2027 goals out of thin air!

Start with your actual 2026 numbers.

Here’s what to look at:

- Revenue: What did you actually bring in this year?

- Profit: How much did you keep after expenses?

- Expenses: Where did you overspend or where could you cut back?

- Cash flow: Which months were tight and which were strong?

- Best sellers: Which services or products made you the most money?

- Budget vs. actual: Where did you miss or exceed your targets?

Then use those numbers to set realistic revenue goals, build your budget, plan expenses, and forecast your cash flow for 2027.

Your 2026 numbers should help you decide what to do differently in 2027.

But you need accurate, up-to-date books to plan with accurate numbers, and that’s where we can help.

To learn more about our services, book a call using the link in our profile or comment “books” below.

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Pilot Hill, CA

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