Image via Pexels This is a difficult time for countless Americans. And it’s easy to assume that starting a business in the midst of a global pandemic would be unwise. However, if you’re an entrepreneur, now could actually be a great time to get your new venture off the ground. See the opportunities. While the […]
Bookkeeping For Entrepreneurs
Bookkeeping by definition is a Systematic Recording of the company’s financial transaction. Is your box full of receipts? Are you unable to locate check payments made for you? If the answer is yes then its time for book keeping. Accounting ends with score keeping but it begins with update. Here are some tips for easier […]
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 […]
Make Your Business More Productive By Adapting QuickBooks In The Cloud
In today’s technology-oriented world, great innovations & ideas are what dazzles all of us. Whether being gadget freak or daily person, businessman or house runners- everyone tries hard to make these innovations a part of their life which somehow simplifies their existence. As mayor of our existence is inclined to businesses for their livelihood; the […]
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 […]
4 Useful Tips To Manage Your Small Business Finances
A small business can fail for a variety of reasons, but money related issues are one of the main concerns. Even with a high-quality service or product, you will find it difficult to achieve success without a healthy cash flow to cover business expenses. Here are a few tips to help manage the finances: Clear […]
Tips To Effective Working Capital Management
Working capital is the available cash on hand for the day-to-day operations of your businesses. And this can be affected by numerous factors, which include internal mechanisms and external issues. It doesn’t matter how much you sale if you are not good at collecting and managing your cash flow and working capital. Cash is king! […]
6 Common QuickBooks Issues and How to Solve Them
From performing a never ending series of tasks for its users, such as paying bills, managing payroll, generating reports, invoicing customers, and tax filing, QuickBooks has been a savior for many. Be it the sole proprietors, CPAs, bookkeepers, or business owners, QuickBooks is still the first choice and is popular as one of the topmost […]
Payroll Fraud Detection and Prevention With QuickBooks Hosting
Being an entrepreneur and running a company is a strenuous task. You need to be prepared for every possible situation that may arise and test you on your quick decision-making skills. Every business owner has a fear of discovering a fraudulent activity, especially of finding out that they are being cheated by a trusted employee. […]
A Comparison of QuickBooks Online Basic to QuickBooks Online Plus
In September 2010, Intuit revamped/repackage its small business online accounting software into four online accounting choices: (1) Simple Start, (2) Online Essentials, (3) Online Plus and (4) Online Plus with Payroll. If you are new to QuickBooks Online or need a QuickBooks Online refresher these are the key reasons to use the QuickBooks Online platform: […]