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Archive for the Accounting Category

Need an A/R Makeover? A Quick, 5-Item Best Practice Checklist

On June 27, 2013   /   Accounting, Business Tips, Cost-Savings Tips, Profitability Tips  

Technology has allowed businesses to make substantial improvements in their customer invoicing processes.  The good news is that when you implement these technologies, you will almost always get paid much faster. If it’s been a few years since the last time you’ve changed your accounts receivable processes,

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Is Hosted QuickBooks Right for You?

On May 16, 2013   /   Accounting, QuickBooks Help, QuickBooks Software  

If you are currently using the popular QuickBooks desktop software, you now have a fairly new option available to you:  hosted QuickBooks.  In this article, we’ll talk about what it is, what type of businesses it’s right for, and how to get started if you decide it’s

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What Is Cloud Accounting?

On April 4, 2013   /   Accounting, Business Development, Business Tips, Cloud Accounting, Cost-Savings Tips  

One of the most exciting changes in the accounting industry is cloud accounting.  The concept is easy to grasp:  cloud accounting simply puts your accounting system in a private space online so that it is fully accessible to you via a browser or a secure remote connection.

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Five Ways to Protect your Cash

On March 7, 2013   /   Accounting, Bookkeeping Tips, Business Development, Business Tips, Cost-Savings Tips, Management Tips, Profitability Tips  

As entrepreneurs, we work hard for our money, and the last thing we need is to have it disappear due to fraud, hackers, or identity theft.  Some people have called 2013 the year of the hacker, which is worrisome.  But you’re far more likely to experience risks

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Planning for an Awesome 2013

On December 27, 2012   /   Accounting, Business Development, Business Tips, Management Tips, Time Management Tips  

For businesses with fiscal years that coincide with the calendar year, the slate of revenues and expenses will be wiped clean on New Year’s Day.  Starting with a clean slate gives us a chance to reflect on our 2012 results before we enter 2013 and experience the

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Five Hidden Talents of Your Accountant

On December 13, 2012   /   Accounting, Bookkeeping Tips, Business Tips, Management Tips, Time Management Tips  

When you think of an accountant’s duties, you might think about traditional tasks, such as tax preparation, bookkeeping, and financial statement preparation.   Here are five additional tasks that accountants can help with that you might not think of. 1. Evaluating Current Accounting Employees How can you know if

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Seven Year-End Adjustments to Make to Your Books

On November 29, 2012   /   Accounting, Bookkeeping Tips, Business Tips, Cost-Savings Tips, Payroll Tips  

Year-end is coming up for many businesses, and it’d be nice to know what your final revenue and profit numbers will be for the year.  Before we can calculate these key numbers, there are year-end adjustments that may need to be made to your books that will

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