With over 2.2 million registered online users, QuickBooks Online is far and away the most popular accounting software solution for small businesses. With ample room for customization via third party applications, QuickBooks Online is striving to be the leading choice for cloud-based accounting software. But are you getting the most out of QuickBooks it?
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Reducing Risk with Forensic Accounting
When you hear the term forensic accounting, images of perpetrators in handcuffs and espionage may come to mind. In reality, it’s not always a CSI moment. Forensic accounting is not only important when taking steps to prevent crime, it’s also vital among day-to-day operations and decision-making within your business.
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An Annual Check-Up for Your Business
We all know we are supposed to have an annual check-up with our doctor to prevent health problems and catch issues early. Of course, whether we do it is another topic. An annual check-up can do the same thing for the financial health of your business and can be simple and straightforward when you know what to do. Evaluate these areas of your business to start your year off right.
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What’s Your Story? The Tale Your P & L Tells About Your Business
Every month your accountant creates a profit and loss statement (P & L) for your business and reviews any pertinent information with you. If you are like most business owners, you look at the net income and maybe a few other numbers and file it away. But if that is all you do, you are missing many of the important stories your P & L tells.
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Exposure to Accounting Decision-Making Builds Wise Next-Gen Leaders
As a family business owner, you are pleased when you walk by a marketing team meeting and see your son suggesting ideas for the new website. You have built a strong, successful business, and you are proud to be able to pass it down to your children someday. Inside this article you will seven key ways your business will benefit from including the next generation of business owners in accounting meetings and practices.
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Beware of Fraudulent Electronic Funds Transfers
Ever since wire transfers moved online, both personal and work bank accounts are more vulnerable to fraudulent electronic funds transfers from tech-savvy thieves. Avoid malicious attacks by recognizing the tell-tale signs of a fraudulent wire transfer.
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