Accounting is the recording of financial business transactions in a systematic way. It encompasses the process of summarizing, analyzing, and reporting these transactions in a comprehensive way. It is one of the most important jobs or tasks of a business. This act of organizing financial data can tell you all sorts of things about your…
Every day we turn on the TV or read an article and hear about the benefits of working in the cloud. How the IT industry is using it to make a bigger mark in the world. How the medical industry is using it to become more innovative. But what about YOUR industry? Yes, there are…
Have you spent the last four months pouring over spreadsheets and trying to track down missing receipts? Did you vow that you’ll be more prepared for tax time? It’s not too late to start! Handling your business books may be the last thing that you want to do, but procrastination will only make it worse.…
As a business owner, it is key that you understand the financials in your business and what they say about your business. But so many business owners really don’t have a clue. I’m sorry if that sounds mean but it’s true. There is more to running a business than making deposits and paying expenses. You…
Software programs are evolving. You no longer have to buy it off the shelf. You can purchase it online. Have access to all your financial information at your fingertips no matter where you are in the world. But which one is better? Desktop or Online? Let’s explore the differences between the two and see who…
Over the past couple of weeks we talked about setting SMART goals and about reflecting on all of our accomplishments in 2012. Well now it’s time to start checking off those goals for 2013. So to help, I have created a 3 step system to gaining financial control that is sure to guide you. 1.…
So I was sitting down creating a document that described the different ways my clients could embrace virtual accounting, when it hit me. I should write a blog about. (cue angels singing). When I set out to write these blogs by goal was to write a minimum of one a week. Well things haven’t been…
“I tell my clients to avoid QuickBooks Online” is a common post I see on QuickBooks forums, and one that I continually rush to offset. For many accounting professionals, it seems that QuickBooks Online (QBO) is a “worst case scenario” for their clients. I want to share some new QBO features that may help change…
This day and age we are living in a technology society. Everything is online – banking, photos, shopping, music, TV shows and even movies. Yet at the same time, I am amazed at how many people don’t want to do things online. Are they going to stay in the paper age forever? Even with accounting. …
