Too often-I see the position of CFO as misunderstood or undervalued in smaller companies. In such companies, there needs to be a paradigm shift as the company grows. Early-stage companies need to understand how a CFO can positively impact the company’s growth from every angle. CFOs can help lead the charge when it comes to […]
Why Accountants Are Necessary for the Economic Advancement of Businesses
Once a business reaches a certain revenue threshold, extra financial assistance becomes vital. Contrary to what some may believe, accountants are responsible for much more than keeping track of income. These professionals can help improve business efficiency, keep track of tax obligations and examine the accuracy of statements. Having a grip on each of these […]
Do You REALLY Need to Hire a Bookkeeper for a Solo-Preneur Business?
Your taxes have been filed, and you feel a sense of relief. You don’t have to go through that wearisome process of gathering receipts and paperwork until next year! YAY! Throw a party, use your tax return in a silly way, and do whatever it is that makes you feel happy that it’s all over […]
Importance Of Cash Control
Cash is King! Cash is a vital component of any profit-generating organization. An organization’s assets generate revenue, which in turn generates cash inflows. These cash inflows are used for several purposes: to pay creditors, compensate employees, reward shareholders, provide asset replacement, and provide for growth. Cash is unique because it’s the single asset that is […]
Why Security and Performance Are Important Factors When Choosing QuickBooks Cloud Hosting?
The use of cloud technology in the accounting sector is gaining significant traction with time. The perusal of cloud accounting is in works for businesses of all sizes and walks of the industry. Expanding the cloud market rather rapidly. Many reports have stated that a large chunk of accountants are shifting their businesses to the […]
QuickBooks Online Vs Cloud Hosted QuickBooks
In order to understand the difference between QuickBooks Online and Hosted QuickBooks, we need to know 3 versions of QuickBooks. 1. Desktop QuickBooks 2. QuickBooks Online 3. Cloud Hosted QuickBooks Desktop QuickBooks edition The QuickBooks desktop edition has many features that help you a lot in bookkeeping & maintaining accounts. Inventory tracking, currency calculator, company […]
QuickBooks Tip – Child Support Garnishments
How to set up, track and pay Child Support Garnishments in QuickBooks seems to be a pretty popular topic of discussion, I see this question frequently on many of the QuickBooks forums and news groups that I frequent, so here is a little tutorial for setting up a weekly Child Support Deduction. Quick Facts About […]
QuickBooks Technical Support: Everything You Should Know About
QuickBooks, double entry online accounting software marketed by Intuit, provides financial tools pertaining to small businessmen and large financial behemoths alike and caters to millions of users worldwide. The software’s primary purpose is to abate the “primitive” use of multiple tables, spreadsheets and tracking sheets necessary to document and maintaining the accounting errands of a […]