Subscribe: Business: Accounting Articles from
Added By: Feedage Forager Feedage Grade B rated
Language: English
accounting  business  businesses  cloud  financial  make  quickbooks  services  small business  small  software  tax  time 
Rate this Feed
Rate this feedRate this feedRate this feedRate this feedRate this feed
Rate this feed 1 starRate this feed 2 starRate this feed 3 starRate this feed 4 starRate this feed 5 star

Comments (0)

Feed Details and Statistics Feed Statistics
Preview: Business: Accounting Articles from

Business:Accounting Articles from

Published: Wed, 13 Dec 2017 17:18:28 -0600


Unleash New Business Opportunities By Experiencing Quickbooks With Cloud Technology

Wed, 13 Dec 2017 15:05:18 -0600

The way business world is changing in a fast time zone itself stating the advancement we're getting into. Businesses nowadays experiencing a different approach to handle the same old set of activities; which is comparatively more reliable & faster. Cloud computing is the approach that is emerging businesses differently and making short-term success a reality. Cognize real methodology of rising that businesses are availing "in-the-cloud".

QuickBooks Add-Ons: Significant Way To Enhance Your Business Reach

Wed, 13 Dec 2017 07:20:30 -0600

In today's hustle-bustle, it is quite important to know your worth that too when you are already paying high for your business scalability in the marketplace. There's nothing wrong in being a little bit more curious about your business success; at last this is what makes you successful! The power of additional software, Add-ons, are trending on top in the market as they offers easy integration with your ongoing software and offers high functionality features as well.

Boost Up Your Small Business With QuickBooks Enterprise Hosting Solutions

Tue, 12 Dec 2017 07:19:21 -0600

The newly started businesses who aren't acknowledged with recent innovations & trends often get behind in the race of business growth and name. Nothing is more good than helping such businesses in surviving; giving the sneak peak idea about latest hosting services to enable their way in the cloud. The QuickBooks enterprise hosting solutions helps small-scale businesses to understand the power of cloud technology.

Why QuickBooks Hosting Is The Most Trending Thing In The Market Right Now

Sat, 09 Dec 2017 09:00:55 -0600

Many of users often get confused why to choose QuickBooks hosting and this whole content will help to understand the same. This is a complete guide for those who really want to understand what actually QuickBooks in the cloud is all about?

Make Your Business More Productive By Adapting QuickBooks In The Cloud

Fri, 08 Dec 2017 07:19:06 -0600

If you are looking for an option which will satisfy your long-term business plans and also tops in the list of significant high-rated innovation then you must be looking forward to adapting QuickBooks in the cloud. There are lots of businesses who are coming up with great ideas and have been already integrated their business with alike QuickBooks software but still aren't forwarding step ahead with cloud-based QuickBooks.

Why Paper Cheques Are Still Relevant

Thu, 07 Dec 2017 09:37:53 -0600

While we live in a world where payments can be made electronically, there is still a need for paper cheques. They continue to be relevant as they offer a paper trail, reduce risk, and they help to serve a need both for individuals and businesses.

Join Hands With QuickBooks Hosting To Accelerate Your Startup Business

Thu, 07 Dec 2017 07:14:19 -0600

In today's competitive race of startups, it is very hard to achieve your goals within decided time. Many newly started business proves to be a wrong idea just due to lack of better & suitable choices for their business type. This article will help all kind of newly starts to find an instant way to accelerate their Startup business with QuickBooks accounting software.

How QuickBooks Remote Access Is A Boon For Small Scale Organizations

Tue, 05 Dec 2017 14:54:33 -0600

QuickBooks accounting software has tremendously risen from past few years and made accounting for non-accountant persons too easy. QuickBooks by Intuit is remarked its name as one of the most trustable accounting software in the marketplace. The accounting software is nothing but an extensive solution which is serving top-notch features including analytics, advanced reporting & tracking of cash flows to many users.

Fixed Asset Management for Small Business

Mon, 04 Dec 2017 14:55:50 -0600

No matter what kind of business you run, you probably own property that helps you provide products and services. Your company's assets are a valuable part of your operations and need to be carefully maintained. Use a fixed asset management system to organize information about your business property.

Do You Know the Cost of Fraud?

Wed, 15 Nov 2017 15:20:20 -0600

Every business is subject to the potential for fraud. Every business that does not believe that they can be the victim of fraud needs to assess their operations for red flags that could point to fraud. Fraudsters are very good at hiding their crimes.

6 Power Tips & Tricks Every QuickBooks User Should Know

Mon, 13 Nov 2017 14:01:12 -0600

There is a lot of accounting software for SMB's to monitor business expenses, manage invoices, and arrange customers and payroll data. But a software can't do everything like a human being, it has some limitations. Obviously, if one is going to use multiple software options to handle all those financial tasks then unwanted work is almost guaranteed.

Top Benefits of Online Accounting Services

Fri, 10 Nov 2017 11:16:52 -0600

Lots of businesses are struggling today due to the fact that their owners can't seem to understand how financial matters can be handled. These experts are there to ensure that you are given professional guidance whenever they are called upon at any time of the day.

What Impact Has GST Brought About On The Realty Sector?

Mon, 30 Oct 2017 08:21:00 -0500

GST has been a mixed bag of emotions for the realty industry. It's a win-win situation for both the developers and the property buyers. Though on a slightly higher side, this tax regime is set to change the dynamics of this industry.

Simple Accounting Terms

Fri, 27 Oct 2017 15:39:05 -0500

When you are an accountant you know what all of the accounting terms are and how to use them. For everyone else, however, there are certain things that we should know and here are just a few.

Accounting Defined

Fri, 27 Oct 2017 15:34:21 -0500

We all sort of know what an accountant does. We also sort of know what accounting is. But how is it defined in the grand scheme of things?

Why Your Business Needs Steady CashFlow

Wed, 25 Oct 2017 19:23:07 -0500

Using collection agencies or factoring receivables can destroy your business. There is a way to get your money!

What Are Fixed Assets?

Wed, 18 Oct 2017 10:51:05 -0500

Fixed assets are a rather important resource for businesses it's a region that should be suitably controlled and managed. They are generally not considered to be a liquid form of assets unlike current assets. They have a normal useful life expectancy of at least three years. It's simpler to confirm assets directly so you won't neglect to confirm it afterwards. These types of assets could be used to expand the business as opposed to track inventory. There are a number of assets that may be expanded further if investment is finished.

8 Steps to Becoming an Accredited Bookkeeper

Wed, 18 Oct 2017 10:48:04 -0500

Do you want to be a bookkeeper? Are you wondering how you can become a qualified and skilled bookkeeper?

QuickBooks 2018: Welcome The New Release By Intuit

Sat, 07 Oct 2017 08:42:26 -0500

QuickBooks 2018 is an excellent consequence of research by Intuit team. It has overcome the various drawbacks of existing one. This has enabled the employers to utilize their manpower and other available resources even more efficiently. At the same time, it also has reduced difficulties of accounting professionals at a wide level that they have to face on regular basis.

Acknowledgement Of Payment Receipt

Fri, 29 Sep 2017 08:16:57 -0500

This article is about acknowledgement of payment receipt. Explain the importance of payment receipt to business owner as well as customers. How should prepare these receipt and state some benefits of these receipts in an organization or individual business.

E-Invoicing: To Mandate or Not to Mandate

Mon, 18 Sep 2017 08:57:41 -0500

Arguments for and against enforcing a mandate to e-invoice. The cost of implementing e-invoicing and the cost if you do not. Understand how to maximize your return on investment on your e-invoicing investment

Getting Rid of Tax Receipts While Travelling

Mon, 11 Sep 2017 14:48:59 -0500

The retention of tax invoices and equalisation of costs while travelling in a family business, in a tax effective way, is difficult. We outline a simple and effective way that family business owners can cover the costs of tax deductible travel for employees travelling and also go over a few other benefits it can help with the family as well.

Ratio Analysis Techniques for Improving Your Small Business

Fri, 01 Sep 2017 10:23:39 -0500

If your small business is not growing, what is it doing? Is it standing still? Or is it declining? Businesses are in business to grow period. One of the ways you can answer these questions, as well as improve your business performance and promote growth is by analyzing your financial statements using ratio analysis.

7 Things to Look Out for in Accounting in 2017

Mon, 21 Aug 2017 08:55:33 -0500

Accounting is experiencing a great change because of cloud technology and feasibility of automation. Look out for these 7 things for accounting in 2017.

Five Factors to Consider When Selecting an Accounting Firm

Fri, 11 Aug 2017 18:45:46 -0500

When it comes to finding the right accounting firm, cutting corners isn't a good idea. Here's what to consider to make sure a firm is the right fit.

Fast and Easy Tips for Hiring a Good Accountant

Sat, 05 Aug 2017 10:11:52 -0500

A good accountant is worth their weight in gold, ultimately assisting you in maximizing your income and minimizing those taxes. Here are my top tips to ensuring you hire the best accountant for your needs.

The Secret Behind Tally's Success Over The Years

Wed, 02 Aug 2017 08:24:03 -0500

Tally has been in the market for quite some time now and has captured a substantial amount of market share in the accounting and ERP software arena. It's ease of use and multiple benefits have made it quite popular among all types of businesses globally.

How to Make Your Business Financially Fit

Mon, 31 Jul 2017 11:36:16 -0500

Steve is a successful business owner who takes his business very seriously. He focuses on growing his business and has several employees. People love his products and services and are sharing them with others. What Steve is struggling with is making his business financially fit. It seems like his business is always tight, and he is barely making it each month. Sound familiar?

Why Accountants Are Necessary for the Economic Advancement of Businesses

Fri, 28 Jul 2017 18:07:05 -0500

Accountants aren't just responsible for keeping track of a business' income and liability ledgers. Their meticulous skills can also help companies avoid bankruptcy and even financial scandal.

What's Your Net Effective Rate?

Sat, 22 Jul 2017 10:44:57 -0500

Here's an idea to quickly determine what your are paying, overall, for accepting plastic for payment of goods and services in your business. Utilize this tool to quickly compare from one provider to another.

Five Accounting Services You Should Leave to A Pro

Sun, 16 Jul 2017 08:36:19 -0500

When we talk about accounting services, you'd be pretty surprised at the varied amount of answers you'll get from everyone. With so many financial backgrounds at work at any given time, it's no wonder that pegging down a solid notion of what accounting services entail can be difficult. The fact is that there is more to these specialized services than you'd expect. What's more, these services may affect you in either a personal or professional manner.

Four Major Reasons to Hire a Corporate Accounting Consultant for a Small Business

Sat, 01 Jul 2017 12:12:03 -0500

Corporate accounting services can give companies an incomparable edge. The work of corporate accountants will become very useful when a business' growth exceeds their means.

What You Need To Know About Your Business Before Hiring A CPA Firm

Thu, 22 Jun 2017 07:52:09 -0500

When you run your own business, you're in deep in every decision that's made simply because it's your neck on the line. What's more, it's your money on the line, which means contemplating the hiring of a CPA firm. This can be a bit difficult for some business owners because they've essentially depended on themselves to get this major project going. These owners act as CEOs, CFOs, COOs, etc. The idea of bringing on anyone else to handle what they can do themselves seems a bit absurd.

Budget Made Easy With Accounting Apps

Mon, 19 Jun 2017 07:57:25 -0500

When online accounting application is used, you do not have to look anywhere else to prepare your budget. From finding out the past performance and turnovers to making an assessment of the current revenues and expenditures, all aspects of budgeting are covered.

How Accountants Can Mindfully Cope With Changes To The Accounting Profession

Mon, 19 Jun 2017 07:55:59 -0500

The nature of accounting is changing at an unprecedented pace. This article examines what is changing, what other firms have done in relation to the change and how accountants can mindfully cope with the nature and quantity of changes they will be facing.

Four Critical Financial Ratios

Wed, 14 Jun 2017 13:49:04 -0500

Entrepreneurs should monitor several key metrics to ensure their business succeeds. The ratios covered in this article provide a solid grounding in ways to attract investment and ensure long-term success.

How Online Accounting Services Can Help You Improve Your Small Business

Thu, 08 Jun 2017 13:30:23 -0500

Accounting can be quite dull, if one is not especially interested in it. We all would much rather focus our attention on things that we find more interesting. For everyone who is not managing their own business, this attitude towards accounting is completely OK.

Tips To Effective Working Capital Management

Mon, 29 May 2017 10:10:14 -0500

Managing your working capital is very crucial to ensure the success of your business. There are tips you can employ to enhance the performance of your working capital, thereby boosting the level of satisfaction of your clients.

5 Biggest Reasons For Considering QuickBooks Hosting For Your Growing Business

Thu, 18 May 2017 09:33:07 -0500

In today's era of high competition business environment, every corporation not only wants to grow but work hard to achieve the highest in every aspect of business field as well. In the race, they got a lot of responsibilities and burdens on their head and they find it very difficult to manage everything from top to bottom. However, for a business to prosper one has to manage everything effectively and especially the one that's most important in any kind of business industry that is accounting.

Going Beyond ERP With Expenzing

Fri, 12 May 2017 09:27:24 -0500

Today's big question for smartphone or iPhone users, Is it necessary to get your smartphone or iPhone insured? Looking at smartphone's use in today's life, some might feel that it's better to get iPhone insurance in Mumbai while other might have a different opinion. It's always to weight the pros and cons of mobile phone insurance before making a move.

Accountant Vs Bookkeeper - Understanding the Difference

Fri, 05 May 2017 09:47:47 -0500

Cash flow management and accountability are important aspects of operations for any business. With accurate recordings of transactions coupled with proper assessment and processing, business owners can have a firm foundation from which they can make decisions and plan their business' growth. Recording and understanding the basic financial needs of any business such as sales, expenses, and payments is not that hard but understanding the accounting needs of a business is not that easy.

Simple Steps to Prepare Your Books for Year-End Accounts

Fri, 05 May 2017 09:46:58 -0500

Keeping all financial records of your business is highly important to run the business smoothly. These records help a firm to detect profit and losses in order to estimate its growth and various other financial patterns. It is an essential legal requirement to keep the financial records in the prescribed manner.

How Much Tax Will You Pay After the Budget Speech and Implications of Section 7C for Trusts?

Tue, 02 May 2017 09:55:11 -0500

Most of the budget speech speculations were around whether Finance Minister Pravin Gordhan would increase VAT, introduce a new 'supertax' on wealthy individuals or be 'braaied' himself. Although VAT wasn't increased, Gordhan surprised many by enforcing the 'supertax' bracket. Higher Dividend Tax and Income Tax Act 7C also result in substantial additional taxes.

Differences Between GAAP and IFRS

Mon, 01 May 2017 08:46:45 -0500

In the accounting world, there are sets of rules that are followed to make sure business is ran smoothly and orderly. In the United States accounts follow a set of rules known as GAAP (Generally Accepted Accounting Principles). It is known as being a rule based system. However, a larger population of the world follows the accounting standard known as IFRS (International Financial Reporting Standards

How Accounting Services Can Help a Small Business

Sat, 29 Apr 2017 11:02:13 -0500

From freeing up employees' time to reducing liability, accounting services can help make business easier for small companies. Here are five ways they can help.

Why Would Businesses Prefer GST Over Other Tax Structures?

Fri, 14 Apr 2017 16:06:56 -0500

GST would effectively change the tax structure in India after its introduction. Its implementation in coming months would change several scenarios for small and medium scale businesses in a positive way. This article discusses the effects of GST overall on the Indian people and businesses.

5 Reasons Why Businesses Use Remote Desktop Services With QuickBooks

Tue, 28 Mar 2017 10:17:24 -0500

Remote Desktop Services (RDS) can offer a number of powerful benefits and enable your businesses to maximize the value and performance of their QuickBooks Enterprise Solutions software. 1. It Streamlines the IT Services RDS simplifies the setup and maintenance requirements of QuickBooks.

A Glossary of Insolvency Practitioner Terms and Definitions

Tue, 28 Mar 2017 07:10:23 -0500

Insolvency is a confusing time, made even more confusing by the complicated legal terminology used. In this guide, we break down some of the more common terms, so you can move through this faze in confidence.

Improve Productivity & Optimize Your Business Processes With Cloud Hosted QuickBooks

Fri, 24 Mar 2017 14:30:22 -0500

Evolution in cloud technology and the offsite services leads to a high scale robust service management in accounting as well as QuickBooks hosting. If you want to optimize your business and your daily workflow, then you have to find the right QuickBooks hosting provider that can do wonders for your business productivity. The act of switching your QuickBooks application and your company data from your location to the dedicated network hubs makes sense.

Late Fees Are Inhumane

Thu, 23 Mar 2017 08:31:24 -0500

Most people are aware of the fact that there is a late fee involved when a payment is made late or after the assigned, yet agreed upon due date, and still the payment is made late. Then obviously, there is a problem, but instead of at least acknowledging what the problem is, they arbitrarily charge a late fee. Unfortunately, late fees are a way for human beings to capitalize on human misfortune, in which is inhumane, but justified by U.S. standards.

Remote Access QuickBooks: More Freedom and Flexibility To Manage Your Finances

Tue, 21 Mar 2017 07:20:18 -0500

The global accounting industry has made a tremendous progress in the last few years on the flexibility, reliability and security front. Much of the credit for their success goes to high-end software solutions like QuickBooks which have completely automated complicated tax and accounting practices, thereby saving time and efforts of busy professionals. This article is dedicated to the importance and benefits of Remote Access QuickBooks but before that let's find out how QuickBooks application is making a difference in the modern accounting practices.

No One In Washington DC Seems To Be Happy With the 2017-2018 Trump Budget - That's A Good Thing

Sun, 19 Mar 2017 14:10:01 -0500

Not long ago, I was talking with a fellow think tank type, a real intellectual, who seemed to be worried about the proposed Federal Budget. We had both recently listened to a National Public Radio (NPR) segment on what exactly was in the Fiscal Year 2017-2018 Trump Administration Budget. There were some good things and some not-so-good-things depending on your preferences and political leanings and ideology. Let's talk shall we?

5 Tips To Help You Start Your Own Accounting System Setup

Tue, 07 Mar 2017 18:50:11 -0600

As a business owner, one of duties you have is making sure that the day-to-day operation of your business is in the hands of the most capable individuals that you can have around you. Whether it is waste disposal, technology, or the company's accounting system setup, the right people makes for a smoothly run business.

Making Sense of What an Accounting Firm Does

Mon, 06 Mar 2017 13:49:58 -0600

It can be difficult to understand exactly what an accounting firm does. Learn more about the services they offer and how they can be of use to a business.

Where Should NASA Concentrate Their Research - Their Mission Is Cloudy And Unfocused

Tue, 21 Feb 2017 06:52:33 -0600

NASA and Climate Science - why? Why does NASA spend so much time, effort and budget money on climate science? Is the Obama Administration to blame, should we blame Al Gore and his buddy Jim Hansen, or is there a genuine need for NASA to study our atmosphere, join the global warming cause?

The Impact of GST on the Logistics Sector

Fri, 17 Feb 2017 09:52:10 -0600

The readers are informed about the importance of Logistics industry in India. In addition, the article tells the readers about the GST taxation law and its positive effects on the logistics industry. It is a clear fact that GST combined different taxes under one taxation regime that allows the scope of fast-paced business transactions and simplified taxation process. In addition, the success of different businesses in India's domestic market depends on an organized and efficient logistics industry that offers services at competitive pricing and delivery of products within specified time.

Impact of GST on Textile Industries

Fri, 17 Feb 2017 09:51:22 -0600

The article shows the importance of GST regime introduced by the Government of India for the textile industry. The readers are informed about the positives and short-term negatives as the result of implementing the GST. The domestic market is expected to grow exponentially under the new tax regime. In addition, the new tax regime creates opportunities for new business owners to enter and establish themselves in the textile industry. All of this is attributed to the benefits, relaxations and duty exemptions offered by the goods and services tax law. Moreover, the taxation has now become simplified, fast paced and easy.

The Value of a Pharmacy Accountant for Your Business

Wed, 15 Feb 2017 09:41:49 -0600

Operating a pharmacy business can be challenging. Apart from financing and managing inventory, you also need to keep an eye on the cash flow, minimize taxes, and get reimbursements-all while working with wholesalers that often have full control of the costs and prices. This is why you need a pharmacy accountant who understand the unique challenges of your business.

Five Reasons Why Businesses Should Hire Accountants

Tue, 14 Feb 2017 07:39:09 -0600

Finances can be a bit of a mystery for many business owners. A dedicated team of accountants will take the stress and confusion out of company finances. Here are a few reasons business owners should hire an accountant.

How to Determine the Best Accounting Software for Your Business

Thu, 02 Feb 2017 10:36:46 -0600

Cloud accounting is a revolutionary way to efficiently manage your business, and even personal, financial transactions. So whether you are a small or medium enterprise, or a big business, or a professional, here are some questions that you need to consider when finding the best cloud accounting software for you.

The Influence of Globalization on Tax Revenue

Thu, 26 Jan 2017 14:31:57 -0600

Many times in business we can get caught up in a certain routine and look at what things have to be done, rather than why they are the way they are. Many things can affect the amount of taxes we have to pay. In today's day in age it is important to realize the what affect globalization has on the taxes we pay with the availability for corporations to be a part of a more global economy.

The Effects of Tariffs on the United States

Thu, 26 Jan 2017 13:28:10 -0600

This essay discusses the economical effects of tariffs on goods being imported into the United States. Topics discussed includes the current political and economical uses of tariffs as well as the pros and cons of these uses; the monetary value of imposing these tariffs on imported goods and the losses the United States would face if all tariffs were lifted.

Globalization: The Impact It Has on Taxation

Thu, 26 Jan 2017 11:07:47 -0600

Globalization is the process of increasing connectivity and uniting the worlds businesses. It has developed over the last couple of decades. As the internet emerges, globalization emerges as well, which makes it easier for people to travel, communicate, and conduct business internationally.

Donald Trump's Tax Plan and Its Effect on the United States Nationally, Globally and Its Citizens

Tue, 24 Jan 2017 14:04:03 -0600

Donald J. Trump initially proposed his tax plan of cutting taxes for businesses and the middle class when campaigning for the primaries. In August he revised his plan and added many details including Tax Brackets, Standard deduction changes, corporate rates and eliminating the gift/estate tax.

Getting the Deductions You Qualify for With Business Taxes

Tue, 24 Jan 2017 08:34:08 -0600

Hopefully, you have a quality accounting system in place for your business as it will help you to complete your taxes efficiently. It is a good idea to hire someone to complete them for you. Someone with skills when it comes to the laws and what you can legally deduct. With such tax services, you may reduce the amount of taxes you owe.

Finding the Right Program to Manage Your Business Finances

Tue, 24 Jan 2017 08:34:04 -0600

It is very important to have a system in place to track your business income and expenditures. You need a method to identify what you have earned, overhead expenses, who owes you money, and who you owe money to. There is no room for mistakes and it can't be placed on the back burner. You can make it efficient with the right small business accounting software.

Choosing Foreign Currency Accounts For Global Payment Systems

Tue, 10 Jan 2017 13:16:48 -0600

Once your company meets the carrying capacity in a domestic market, you may start planning on looking for opportunities in a foreign region. There are a lot of benefits and opportunities you can get from international trade - ones that are otherwise unavailable in the domestic market. However, there are a lot of factors that come into play which most business owners are not prepared to face.

10 Things to Find Out While Selecting a Small Business CPA Firm

Mon, 02 Jan 2017 16:50:22 -0600

Looking to hire a Certified Public Accountant (CPA) firm for your small business? Going the CPA way might actually make sense over hiring just any accountant. The problem is, how do you know which is the right CPA firm for you? Here are some of the factors to consider while selecting a small business CPA firm.

Globalization in Accounting

Thu, 29 Dec 2016 14:36:15 -0600

Globalization plays a huge role in the world of accounting. It is a very significant topic because as globalization becomes more and more important, it changes which accounting principles one would use when certain situations arise. There are two sets of accounting principles: the Generally Accepted Accounting Principles (GAAP) and the International Financial Reporting Standards (IFRS).

How Xero Accounting Software Could Benefit Your Business

Wed, 28 Dec 2016 09:07:31 -0600

Implementing the right accounting software could dramatically improve your company's financial health. Whether the size and sector of your business, utilising modern technology can make your accounts more transparent and straightforward - as well as bringing a little fun to what can otherwise be an arduous task.

Why Your Company Should Enlist Bookkeeping Services

Wed, 28 Dec 2016 09:07:07 -0600

If like many business owners you'd rather spend your valuable time focusing on building your company, rather than tirelessly inputting data, it makes sense to find someone to whom you can delegate this task. And what with the growth of technology, this has never been a more viable option.

Wisconsin Politics and Their One Billion Dollar Surplus in 2013

Wed, 28 Dec 2016 07:28:06 -0600

Sometimes Republicans don't get enough credit, but I believe they should. Luckily the Republicans hold thirty-one governor seats at the start of 2017. One of the most notable would be Scott Walker and in 2013 he was doing quite well, he had created a one billion dollar surplus for the state. I remember discussing this with our think tank back then.

Role Based Access Control

Mon, 19 Dec 2016 09:53:54 -0600

Role-based access system makes work easier for the employee as well as the management. Not only is the user given a single user name to access what can be accessed, the management is also ensured that information is secure.

How Globalization Is Changing The Accounting Profession

Thu, 08 Dec 2016 09:58:18 -0600

Some pro and cons about how globalization will be a factor in changing the accounting profession. How different circumstances will cause accountants to change for the better in the future. As well as threats that accountants will face due to globalization

Ten Best Practices for Accounts Payable

Wed, 07 Dec 2016 14:30:09 -0600

While net income and profits are important, the name of the game for small business is healthy cash flow. Proper accounts payable management can be an effective strategy in working capital management.

Factoring For Better Growth

Thu, 01 Dec 2016 07:00:42 -0600

Factoring is a financial transaction whereby a business sells its accounts receivable, that is the invoices it has raised, to a third party commercial finance company, called the factor or factoring company, at a discount. This is to tide over certain immediate cash needs which arise before the invoice can be paid because there is usually a credit period extended of 30 to 60 days to the customer.

What Makes An Accounting Business Succeed In The Digital Age?

Tue, 29 Nov 2016 08:01:57 -0600

For accountants or accounting businesses, a major question always comes to haunt, how to succeed in the digital age when the business has to be more responsive to get an additional edge. This is a logical question and as a business owner, we must respond so that our services are enough competitive to meet the demand of dynamic marketplace. Traditional accounting practices have flourished over the years and have shifted from providing general bookkeeping services to advisory work while delivering higher value services to the valuable clients.

Tally's High Powered Features for Individuals and Corporate

Mon, 28 Nov 2016 11:57:00 -0600

Tally's features are unmatched throughout and offer state of the art services to all its users worldwide. Though it has several core features that a business requires, its hold on accounting is truly commendable. Despite that it's known for several other tasks, besides just bolstering the accounts of businesses.

How The Cloud Can Help You If Your Business Is Running Out Of Budget?

Mon, 28 Nov 2016 07:54:06 -0600

Efficient management of business is a key to success, but sometimes, even though having an excellent management practice at place, a business falls short to get the presumed growth and start running out of cash. The possible reasons for the business slowdown are: technological shift, economic recession, market changes, and social instability, among others. Whatever the reason is but the end result is always painful, and it prompts the business owners to make some drastic changes to re-plug the power button.

Match the Right Program With Your Business Needs

Wed, 23 Nov 2016 08:44:15 -0600

Finding the right small business accounting software to match your needs is important. You want a program that is reliable and flexible. You need something that adheres to the methods that work for your business. At the same time, you want a program with cutting edge features so you can get more done in less time. It should be easy to work with and affordable.

Xero Is an Impressive Program for Your Business Needs

Wed, 23 Nov 2016 08:43:55 -0600

You can't go wrong with Xero accounting software because it has professional elements to help you keep track of your business money. This includes your expenses, income, and to identify your overall cash flow situation. The checks and balances system reduces the risk of mistakes and common errors. It also helps you to reconcile your bank statement in no time at all.

Financial Mistakes Business Owners Make and How to Avoid Them

Fri, 18 Nov 2016 10:15:34 -0600

Cash is the lifeblood of a business. No business owner wants to see their business struggling because of lack of funds or in debt due to mismanaged finances. What they want to see is a regular flow of profit but this is easier said than done.

Remove Your Infrastructure Management Burden Using Sage 50 Cloud

Thu, 17 Nov 2016 07:21:42 -0600

Sage has renamed its premium product PeachTree accounting as Sage 50. With Sage 50, Sage has inserted numerous important accounting features to make the accounting operations more effective. Sage 50 cloud has the best remote usage option for Sage 50 to increase the productivity of the accounting program.

Banking Features To Look For When Opening A Business Bank Account

Thu, 17 Nov 2016 07:08:28 -0600

The advantages you can experience from a bank will depend greatly on the financial institution you will choose. This is because aside from the benefits they offer, some banks will have features that will also help businesses in various ways. Below are some of the important banking features you should look for when opening a business bank account.

Accounting for Inventories: US GAAP Vs IFRS

Mon, 14 Nov 2016 09:02:48 -0600

U.S. GAAP are the generally accepted accounting principles accepted in the United States. U.S GAAP was published by the Financial Accounting Standards Board, FASB, and adopted by the U.S. Securities and Exchange Commission, SEC. IFRS are international reporting standards issued by the International Accounting Standards Board, IASB. IFRS is used in over 100 countries, which is a main reason the SEC intends to switch from U.S GAAP to IFRS, but the progress has been slow. There are similarities between the frameworks, but also some substantial differences exist between the two accounting standards.

Accounting Applications and Efficiency of a Business

Wed, 09 Nov 2016 07:05:57 -0600

Accounting application helps in increasing the efficiency of the business by making sure the activities of the business, ranging from error free bookkeeping to well-kept payrolls. Also ensured is that the records that are kept can be accessed easily and faster. This means the business maximizes from what resources it has.

Befriend Your Balance Sheet

Mon, 07 Nov 2016 09:10:51 -0600

Balance sheets play a critical role in any business, regardless of that business's size, age, and industry. They can be beneficial for small businesses too, and that's the reason many small business owners prepare them. Any company with shareholders needs to prepare a balance sheet, otherwise known as a Statement of Financial Position.

Understanding the Profitable Contents of Online Accounting Services

Fri, 07 Oct 2016 09:35:44 -0500

Among range of critical aspects that a small business entrepreneur has to deal with, proper maintenance of regular financial accounts is one. Yet, they are found neglecting this sector by believing on a false facet that it can be managed later. Then there is a belief in the corporate world that for small business, there is no need to appoint deft accounting and bookkeeping service providers either. A big mistake indeed! That is because a minimal error in this segment may lead to huge losses and regaining a proper prospect in this competitive corporate world from such situation is simply impossible.

Cloud Accounting Benefits That Will Keep Your Business Growing

Tue, 27 Sep 2016 08:59:34 -0500

If you are looking for an efficient and more effective way of managing and tracking your business financial transactions, you may want to consider putting your financial data in the cloud or using a cloud accounting system. The cloud is basically a term used to refer to the internet. And cloud accounting is an efficient method of managing your business online.

Fuel Inventory - A Delicate Task

Tue, 27 Sep 2016 07:29:40 -0500

Fuel inventory keeping is a delicate task. With the number of legal provisions to be, followed businesses can make use of accounting application, whether dedicated one for fuel inventory or the ones that can also account for inventory management.

Benefits of Making Use of Financial Management Consulting Services

Mon, 26 Sep 2016 10:30:41 -0500

Whether you are a private individual or a company, making use of financial management consulting services can prove very beneficial. These professionals have years of bookkeeping and accounting knowledge, which they use to provide you with a complete consultation service designed to help you maximize your cash flow and make necessary plans for financial growth moving forward.

What Does a Tax Accountant Really Do and Do You Need One?

Mon, 26 Sep 2016 10:30:18 -0500

When it comes time to completing your tax returns, you may find yourself in a cold sweat and not knowing what to do. Maybe you have heard of tax accountants, but aren't sure exactly what they do or whether you will actually benefit from making use of their services to help you or your company manage your tax year after year.

How Data Is Secured With Tally ERP 9

Mon, 26 Sep 2016 09:14:59 -0500

Data security tops the chart when any individual or businesses use an app. With Tally ERP 9, one can be rest assured about the security about their data as the latest version protects the data like never before with several inbuilt features even when it's accessed remotely.

Financial Statement Basics and Presentation: The Balance Sheet

Fri, 23 Sep 2016 13:58:42 -0500

This article identifies the components of one particular financial statement: Statement of Financial Position (also known as the Balance Sheet). It also clearly defines these elements and brings them together to provide you an example as to how the balance sheet is presented for financial statement purposes. Lastly, we also look at how the fundamental accounting equation (Assets = Liabilities + Owner's Equity or Shareholders' Equity) is linked to the Balance Sheet.

6 Money Habits That Can Make You Debt-Free

Fri, 23 Sep 2016 08:56:15 -0500

There are all kinds of ways that people get into debt, but all of these ways stem from the same mind traps, financial predatory scams and fiscally unhealthy actions. By adopting these six healthy money habits you can stay out of debt.

Significance Of Maintaining Proper Booking Records For Churches And Nonprofit Institutions

Tue, 20 Sep 2016 11:03:13 -0500

For initiating good habits, as such there is no time boundation, which goes same for maintaining all the information regarding income and expenditure of any institution. Be it a profitable or a nonprofitable institution, it becomes very essential for them to keep a track on all the flows of funds, as proper financing or accounting records are the foundation of a well run nonprofit organisation. A fine maintenance of records would help the institution in serving the members in a better and enhanced way that includes the following points: A proper recording system helps...

5 Tax Services a CPA Can Offer Your Small Business

Fri, 16 Sep 2016 14:07:55 -0500

Don't let confusing tax laws stop you from owning your own business. Here are five tax services available when you hire a Certified Public Accountant.

Traits Your Accountant Should Have To Deliver Expected Results

Tue, 13 Sep 2016 15:34:50 -0500

When it comes to accounting, small mistakes can have huge impacts on your business and they can determine financial status of your company. For this reason, every business needs an accountant it can fully rely on to meet expectations and growing the business in the right direction. The skills your accountant has as well as how they maximize on core aspects of personality will determine how valuable they are to your business especially in helping you make all the right financial decisions. When finding an accountant for your business, therefore you should look at traits that will make them exceptional in delivering.

Superman's Alter Ego Should Have Been a CPA

Fri, 09 Sep 2016 07:37:03 -0500

The comic book character Clark Kent worked as a reporter. If he wanted to make a real difference without a cape, he should have been a CPA.

Real Time Accounting Benefits

Fri, 02 Sep 2016 07:22:14 -0500

Real time accounting comes with a number of benefits help in making better decisions - and faster at that. Accounting applications come equipped with features, in collaboration with cloud computing, that makes it possible for the management to take their business forward.