Financial literacy in today’s economic climate is more than just receiving reconciled accounts in periodic financial statements from your accounting firm. It is the ability to know where you are today, where you are going, and the plan to achieve it. To achieve your goals, you need to invest in a system, process and an advisor who can relay knowledge to you in a way that is easy to understand. This will allow you to change direction, set measurable goals and celebrate your successes.
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5 Apps We Recommend Using with QuickBooks Online
Understanding your business’ finances and managing them efficiently can allow you to make things happen that you may not have known were possible. We want to help you cut down on the day-to-day accounting tasks you do as a business owner and spend more time concentrating on what matters so that you have the tools you need to scale your business. In order to help you take your business to the next level, here are five apps we recommend using with QuickBooks Online for efficiency and productivity.
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7 Ways to Maximize QuickBooks for Next Tax Season
With tax season behind us, we thought it would be helpful to share a few challenges that we encountered with our QuickBooks clients this year. These challenges added additional barriers and complications during tax season. By being proactive and taking action now, you can help make next tax season much easier to navigate.
Read More >> QuickBooks Connect: A Closer Look at QuickBooks Online
QuickBooks is the premier accounting software system for small business owners, and with good reason: it features robust reporting, an easy to use interface, customizable invoices, inventory tracking, ease of use when on the go, and more. In fact, recent upgrades have made QuickBooks even more impressive, adding additional flexibility and customization.
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The QuickBooks Online 411: New Features and Best Practices
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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