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Accounting articles from ArticleSphere.com



Last Build Date: Thu, 18 Jan 2018 01:34:10 -0500

 



The Importance of Using Business Statistics! Posted By : Frank Z

Thu, 24 Nov 2016 00:00:00 -0500

As a business owner or corporate executive, you are invariably faced with situations where you must make decisions in the face of uncertainty, which means having to take a risk when making these decisions. Interestingly, what you are looking for is...



Accounting and Bookkeeping Posted By : John M. McCarthy

Tue, 18 Jun 2013 00:00:00 -0400

Accounting has been defined as, by Professor of Accounting at the University of Michigan William A Paton as having one basic function: "facilitating the administration of economic activity. Anyone who's worked in an office at some point or another has had to go to accounting. They're the people who pay and send out the bills that keep the business running. They do a lot more than that, though. Sometimes referred to as "bean counters" they also keep their eye on profits, costs and losses.



Basic Accounting Posted By : John M. McCarthy

Tue, 18 Jun 2013 00:00:00 -0400

Accounting has been defined by Professor of Accounting at the University of Michigan William A Paton as having one basic function: "facilitating the administration of economic activity. This function has two closely related phases: 1) measuring and arraying economic data; and 2) communicating the results of this process to interested parties."



Starting A Business? Have You Given Income And Expense Tracking A Thought? Posted By : Sarah

Thu, 29 Nov 2012 00:00:00 -0500

A prudent entrepreneur will constantly monitor his/her income expense to see where they could make more money and how they can cut costs. A good many of them use diaries and spreadsheets to jot down their expenses. Apart from being tedious, this is a largely unreliable method.



Questions You May Have About Outsourced Bookkeeping Services Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

Bookkeeping is a task which a company needs to perform on a daily basis. Bookkeeping means that you are recording and tracking all of the transactions even when they change throughout the day. Any activities are recorded in the appropriate journal account. The creating of journal entries as well as other monetary statements is one of the main things which a lot of business owners cannot wrap their minds around so it is then necessary to become familiar with the possibility of outsourced bookkeeping services. If you need help with bookkeeping, outsourced bookkeeping services can be the answer for you.



Outsource Accounting Is Sometimes Required Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

As a business owner, you do not have to be great at accounting or finance to excel in the industry. There are plenty of experienced and skilled outsource accounting services which can help you in getting cash flow into your business without much work on your part. Because of the internet, a lot of the companies have shifted their services so that they can help in a more worldwide manner and that is where you will find outsource accounting services. A company that helps you with accounting will help you avoid many of the charges that you would undertake if you were hiring staff yourself.



Why You Should Opt For Online Bookkeeping Outsourcing Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

Every single company needs to perform bookkeeping as one of their most important tasks. That is the case no matter the size of the company. Hiring a single professional to do the work, however, is not essential. A service provider that specializes in online bookkeeping outsourcing could be hired instead. A company that specializes in online bookkeeping outsourcing will give you a lot more benefits than hiring one person to do the same work. As a business owner, you will notice that the price that you are paying in comparison is much smaller and at the same time, you will be getting a lot more for the little money you are spending.



Online Accounting Services Can Give You A Lot Of Benefits Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

Everyone knows that accounting is crucial to the success of every business. In fact, without it your business is very likely to fail. That is because most business owners do not have experience in accounting so therefore making accurate decisions without the right financial information is almost impossible. Online accounting services can solve that problem for you no matter the size of your enterprise. You must have a great record keeping system and all the up-to-date financial information reports so that the right decisions can be made. Online accounting services do exactly that for you as well as your business.



Bookkeeping Services And Their Advantage For Businesses Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

Traditionally, any bookkeeping services were done on a day to day basis manually by people in your own company. That was before the internet brought easy access to businesses. Today, your business could use online bookkeeping services at a much lower rate while getting more effective work from a separate company. You can get in touch with companies that will offer a bookkeeping service very easily.



Getting A Business Growth Strategy From Outsourced Accounting Services Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

Trying to grow your business, while not keeping effective management reports is basically impossible. Doing reports effectively, will allow you to look at what the productive areas and unproductive areas are within your company. That means that without keeping your books in order, you can spend a lot of time trying to figure out where the problems are. Outsourced accounting services will help you with bookkeeping and have your company run a lot more smoothly. Once you have the bookkeeping job done by outsourced accounting services, you will be able to see any area that may need a change or an improvement.



An Outsourced Accountant Is Different From An In House Accountant Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

Your business has a few options when it comes to its accounting needs but first it is important to understand how accounting plays a role in the success of your business. When you start a new business, you do so because of one of three reasons. The first one is because you want to make profits; the second one because you want to grow to a much bigger level and the third one because you want to give something back to your community by either employment or revenue. In all of those cases, accounting can make a difference. An outsourced accountant is right at the forefront.



Online Accounting Services Offer Your Business Many Benefits Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

It is no secret that accounting can be the one thing that can be the difference between a successful business and one that does not make it. Unfortunately, not every business knows how to see their own financial standing or position and that translates into inaccurate numbers when it comes to losses and profits. As a business owner, you need to have a clear picture of where your company stands and that is where online accounting services come in. It does not matter whether you are a small business owner or you run a medium or large corporation; a well-balanced financial report can mean that your company will survive and thrive in the current economic climate.



The Things That Bookkeeping Services Can Do For A Small Business Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

If you are just starting your small business, you may already have visions of a rapidly growing business. After all, expansion is one of the main goals of most businesses. This type of growth that you are picturing for your business usually needs good bookkeeping services. Most new business owners think they can do the bookkeeping themselves, but when you start you have to focus on recruiting, marketing and even answering the calls. So bookkeeping could take most of your day since it is not something that can be done part-time.



Accounting Services For Small Business: Services You Should Look For Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

As your company grows, the ability of taking care of all the tasks necessary will become more difficult. At that point when customers start pouring in, you will realize that delegating some of the duties is essential. Most small companies will use one accountant or none at all so some transactions can be entered incorrectly and mistakes made. Accounting services for small business in those cases allows you to focus on the growth of your company while they do most of the work. Hiring accounting services for small business is essential to ensure that all of the numbers are correct and that your company runs smoothly.



How Online Accounting Outsourcing Companies Can Help You With Decision Making Posted By : Amitaabh Saboo

Thu, 29 Nov 2012 00:00:00 -0500

Using online accounting outsourcing companies is one of the tools which is now gaining popularity among small business owners due to the ability to reduce the amount of work when it comes to bookkeeping and accounting. Accounting outsourcing companies can also be very easy to access when they are online. These types of services have also proven to be very cost effective. The information that you give and get is very easy to obtain and it can be done at any time of the day. Of course, as a business owner you will also enjoy the option of getting expert advice and opinions on the bookkeeping matters of your business.



Merging ESOPs Post Acquisit Posted By : Toney Taylor

Tue, 27 Sep 2011 00:00:00 -0400

The acquisition of a corporation owned in whole or in part by an employee stock ownership plan (ESOP) presents the acquiring corporation with several unique issues. Following a corporate acquisition, the buyer must decide what to do with the ESOP. Usually, the former employees of the acquired company would have their ESOP shares rolled over into the shares of the new company ESOP.



Why Is It Integral For Contractors To Ask IR35 Advice From Contractor Accountants? Posted By : Mark S Sorne

Tue, 27 Sep 2011 00:00:00 -0400

Contractors need to seriously think about the intermediaries legislation, regarded as IR35, which is actually a directive that seeks to treat tax avoidance and will ascertain payment of the right amount of PAYE (pay as you earn) tax and National Insurance Contributions (NICs). Find out the importance of seeking IR35 advice from contractor accountants when contracting for clients. Knowing its significance can help you save on taxes and can safeguard you from penalties, back tax payments and interests.



Relationship with Your Contractor Accountant: Crucial to the Business Posted By : Jake Florido

Wed, 07 Sep 2011 00:00:00 -0400

A healthy working relationship is actually critical throughout the aspects of any corporation. Given that it promotes a sound environment, additionally, it boosts high aspect of productivity. Completely happy folks usually are happy workers. Happy workers bring in more. Exactly the same reason applies when working together with your primary contractor accountant.



10 Steps to Better Manage Your Bookkeeping Records Posted By : Linda Siniscal

Sun, 04 Sep 2011 00:00:00 -0400

Do you cringe when you open up your QuickBooks file? You have receipts in the car, crumbled receipts in your purse or briefcase, and vendor invoices buried in the papers on your desk or email inbox. Here are 10 easy steps you can put in place today to better organize your bookkeeping records so the next time you open up QuickBooks, everything will be nicely organized for you.



Budgeting Made Simple for the Small Business Entrepreneur Posted By : Linda Siniscal

Sun, 04 Sep 2011 00:00:00 -0400

Most of us came from the corporate world where working with budgets was an everyday occurrence. So now you are the one in charge and budgeting is the last thing on your mind for your business. Budgeting is just as important to the small business owner as it is to major corporations. It helps control those ebbs and flows that most small businesses experience throughout the year.



Paper Overload? Steps to Transition to a Paperless Office for your Financial Records Posted By : Linda Siniscal

Sun, 04 Sep 2011 00:00:00 -0400

Computers were meant to cut down on paper but it seems we feel some sense of security by having piles of paper around or can it just be hard to break those old habits of printing everything. Can a paperless office be in your future? Yes it can and here are a few steps that can help get you on your way.



How Can A VA Help Me With My Bookkeeping Virtually? Posted By : Linda Siniscal

Sun, 04 Sep 2011 00:00:00 -0400

Are you a small business owner who hates to do their own bookkeeping? This article reviews the steps involved in working with a virtual bookkeeper. By utilizing a virtual bookkeeper this will allow you more time to do the things that you love to do. I can tell you that virtual bookkeeping can be done pretty easily but it does depend on what system you have in place and how comfortable you are with delegating to your virtual bookkeeper.



Contracting your Accounting Posted By : Rommel anaya

Fri, 26 Aug 2011 00:00:00 -0400

Accounting is usually an aspect involving businesses that will gain or smash. Countless figures in which impair administrative final decision producing may be based mostly found on accounting. This tells the main advancements along with the standing of your enterprise, that will conveys no matter whether to help you extend or perhaps even to shut down. Taking advantage of the emerging business on contractor accounting is one principle that many developing enterprise should consider. Check this trend and you will discover a lot of things that will surely profit your business.



How to Keep Your Financial Records Organized Posted By : Linda Siniscal

Tue, 02 Aug 2011 00:00:00 -0400

People just have too much paper to deal with - even though computers were to help us in that area - it just has not happened for most of us. I am going to offer you some quick tips to help you in keeping your financial records and receipts organized throughout the year. 1. Monthly Transactions. I have found that this system works well for many small business owners. Create a file folder January through December. Keep two months on your desk (January - February; April - May) in an area that is easy to get to - colored file folders really help too.



Get the Most for Your Money through Virtual Bookkeeping Services Posted By : Amitaabh Saboo

Thu, 14 Jul 2011 00:00:00 -0400

Owners of small businesses should definitely consider utilizing virtual bookkeeping services. You must take into account all the benefits associated with these services, so you can make a well-informed decision and not have any regrets later on. This is a highly cost effective way of managing your company's finances.