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Automate QuickBooks with Envoice: Pre-Accounting Made Simple
Want to know how you can automate QuickBooks Online or QuickBooks Online Advanced? Got some pre-accounting tasks you’d like to get rid of? No problem! Let’s get it done. Pre-accounting...
Automate QuickBooks with Envoice: Pre-Accounting Made Simple
Want to know how you can automate QuickBooks Online or QuickBooks Online Advanced? Got some pre-accounting tasks you’d like to get rid of? No problem! Let’s get it done. Pre-accounting...
Read more10 AP Automation Best Practices for 2024
Managing accounts payable in a business isn’t child’s play. It is one of the highest-stakes tasks there is for any modern business. After all, every thriving business needs to pay...
Read more10 of the Best Invoice Scanning Software in 2024
With the growing number of digital transactions, invoice scanning software has become a must-have tool for businesses looking to automate and streamline their accounts payable processes. It can take time...
Read moreRevolutionize Your Accounting Projects: Discover the Top Accounting Project Management Software in 2024
Finance and accounting teams, large or small, juggle numerous projects, tasks, plans, and people. They often find themselves flooded with piles of paperwork and bills. As such, having the right...
Read more15 Accounts Payable Best Practices in 2024
Accounts Payable tasks are essential for preserving a strong vendor relationship and a healthy cash flow. Unfortunately, AP teams usually face multiple challenges in their daily work. Discrepancies between invoices...
Read moreJobber vs QuickBooks Online: Which Software is Best for You?
Jobber and QuickBooks are popular software-as-a-service (SaaS) tools for small businesses and agencies today. The main difference between Jobber and QuickBooks is that the former is used primarily for field...
Read moreQuickBooks vs HoneyBook: Which One is Better in 2024?
QuickBooks (now Intuit QuickBooks) and HoneyBook are two notable accounting software and project management tools today. Each tool has its strong points: QuickBooks is mainly known for expense and cash...
Read moreStreamline Your Business With QuickBooks Add-Ons
Add-ons in QuickBooks are additional applications or services that can be integrated with QuickBooks Online to extend its functionality and provide specialized features not available in the core software. These...
Read moreTop 4 Divvy Alternatives
Divvy, now officially Bill, is a platform for Accounts Payable, Receivable, Spend, and Expense Management. Users can centralize cash management for all inflows and outflows through a cloud-based solution and...
Read morePeachtree vs. QuickBooks: An In-depth Guide
Peachtree and QuickBooks (now Sage 50 and Intuit QuickBooks) are today's most popular accounting software programs. Both programs are great financial software for small and medium-sized businesses, helping them track...
Read moreTop 4 Dext Alternatives
With over a million customers, Dext, formerly Receipt Bank, is among the best-known tools for managing expenses. Dext streamlines and automates the pre-accounting process, reducing time spent on month-end or...
Read moreXero Alternatives 2024: Accountant and Bookkeeper Edition
According to the Xero website, they have 3.9 million subscribers worldwide. A formidable number. But are there better options for accountants and bookkeepers to satisfy their clients' ever-growing need for...
Read moreAccounts Receivable Automation Benefits That Propel Business Growth
Check out the top 8 accounts receivable benefits that can provide your business processes with a much-needed boost in efficiency.
Read moreQuickBooks Vs Square: Which Is Best for Your Small Businesses?
Square and QuickBooks rank high on the list of payment processing tools. Check our overview of how each tool makes life easier for the business owner and which one is best for your business
Read moreGuide to an Auditor Job: Ensuring Financial Transparency
You might personally know someone who has an auditor job, or maybe you've heard of this unique financial career, but what do auditors really do? In 2021 there were 1,449,000...
Read moreThe Future of Accounting: Navigating Changes in an Evolving Industry
Discover how the accounting industry is evolving, and how professionals can navigate the changes. Stay ahead of the curve and prepare for the future of accounting.
Read moreFinding the Perfect Fit: Which QuickBooks Is Right for Me?
Entrepreneurs today need to focus on different aspects of their business - operations, marketing and sales, inventory, and accounting records these aspects are connected to. To ensure accurate and up-to-date...
Read moreBookkeeping Workflow – How to Create an Efficient and Automated Workflow
Is your bookkeeping workflow getting harder to manage? Are you spending hours entering client information invoices into your accounting software and you’re drowning in paperwork? Your inefficient process could be...
Read moreBest Accounting Project Management Software
Finance and accounting teams, large or small, juggle numerous projects, tasks, plans, and people. They often find themselves flooded with piles of paperwork and bills. As such, having the right...
Read moreCFA vs. CPA – Which is Harder?
If you’re in the accounting field, you’ve probably heard of both the CPA (Certified Public Accountant) and CFA (Chartered Financial Analyst) designations. Both are well-respected credentials that can open doors...
Read moreThe 7 Key Best Practices in Accounting That You Should Be Aware Of
According to a recent study by the U.S. Bank, most new businesses fail within five years. 82% of the time, cash flow management caused the problem. [1] This is disheartening since cash flow...
Read moreHow to Calculate Liabilities
Learning how to calculate liabilities accurately is important in financial reporting. Liability – the accounting jargon usually used to refer to debt – refers to financial transactions resulting in an...
Read moreWhat Can A CPA Do That An Accountant Can’t
We all know accountants are important. They help us keep track of our financial transactions, prepare our taxes, and ensure we stay within the law. But what do CPAs do? ...
Read moreAre Client Gifts Tax Deductible?
A gift is an excellent way for business owners to show appreciation for valued clients, and it is estimated that the US corporate gifting market will reach an impressive $242...
Read moreHow to Forecast Accounts Payable
In this blog post, we'll show you how to forecast your Accounts Payable and some tips on financial planning to help you make the most of your time and money....
Read moreWhat Are the Different Types of Accountants and What Do They Do?
When most people think of accountants, the first thing that comes to mind is someone who helps you file your taxes. While this is one role that accountants play, they...
Read moreAccountancy vs. Accounting: What’s the Difference?
"Accountancy" is not the same as "accounting" even if people often use them interchangeably. These two terms are familiar to anyone interested or involved in finance, and many do not...
Read moreCPA for Small Business – When Should You Get One?
If you're a small business owner, you may wonder if you should get a Certified Public Accountant (CPA) and what their role in a business is. After all, you're just...
Read moreQuickBooks vs. Excel – Do You Really Need Accounting Software?
QuickBooks and Microsoft Excel are two of the most commonly used accounting programs, but they differ in how they operate, how much they cost, and how well they fit into...
Read moreHow to Get Accounting Experience – 6 Clever Tips
Let’s not beat around the bush - getting experience is vital to your success in the accounting industry, but the competition is fierce. If you made it past that statement. ...
Read moreInhouse Accountant – Do You Really Need One?
Starting and running your own business can be challenging. From writing a business plan to market research, securing funding, managing time and cash flow, and hiring the right people -...
Read moreBenefits of QuickBooks – The Most Compelling Reasons to Choose QB
QuickBooks is one of the biggest names in the accounting software industry. In fact, QuickBooks Online (QBO) version alone has about 4.5 million global users. So almost every accounting professional...
Read moreHow to Become a Self-Employed Accountant and Succeed
Becoming a self-employed accountant can be daunting and yet exciting for many who are considering what they should do with their accounting qualification and experience. Working as a freelancer has...
Read moreHow to Build a Next Generation Accounting Firm: The Future of the Industry
The accounting industry is evolving. With the rise of new technologies and the changing needs of businesses, the traditional roles of an accountant or bookkeeper have changed. To stay competitive...
Read moreHow to Reconcile Accounts Payable
Too often, accounts payable reconciliation has a lower priority compared to bank reconciliation or accounts receivable reconciliation - and this needs to change. Paying obligations on time is vital for...
Read moreHow to Forecast Accounts Receivable for Small Business
Forecasting is a valuable skill that allows small businesses to make informed decisions. However, it may not feel like a priority, with so many other things to consider. Forecasting accounts...
Read moreBookkeeper vs. CPA – What are the Main Differences?
Entrepreneurs know that finances are integral to running a company. As soon as you start your business activities, you need money. Money to get your company off the ground, purchase...
Read moreCan Depreciation Be Negative?
Negative depreciation can cause warning bells to start ringing, but there are situations where depreciation is negative and still correct. If you’re looking at the balance sheet, Accumulated Depreciation should...
Read moreWhat Are the Legal Liabilities of an Accountant
Accountants are regarded as some of the most important individuals in the corporate world. After all, it is the accountant’s responsibility to monitor a company's finances and ensure everything is...
Read moreWhat Does a CPA Do for a Small Business?
If you are a small business owner, you are stretched in every direction - Developing your product/service, offering good customer service, hiring talented staff and staying on top of your...
Read moreHow to Keep Books for a Small Business
A small business owner has a lot to think about. Sales, marketing, legislation, production, customer service, employees and finances - the list is endless. However, there is one function that...
Read moreACCA vs. CPA vs. CFA – Which Qualification to Get?
87% of HR managers indicate that hiring professionals for financial planning and analysis, financial reporting, and general accounting is the most challenging. [1] While demand is high, competition for the...
Read moreStay Ahead of the Game: Proven Strategies to Prevent Accounts Payable Fraud
AP Fraud can be particularly destructive as it leads to several repercussions, including financial losses, damage to business reputation, fines, and litigation. Sadly most companies wait for fraud to happen...
Read moreBest AP Automation Software for Small Business
As the trend towards automation continues, small businesses are strategically choosing which processes to automate that will significantly impact their operations, particularly in the financial aspect. Automating accounts payable is...
Read moreAccounts Payable Automation with QuickBooks – How to Actually Do It
Are you spending days entering invoice information in QuickBooks? If manual data entry is your biggest time sinker, and you want to: Use a simple QBO setup to reduce the...
Read more51 Most Used Accounting Abbreviations and Acronyms
Accounting departments appear to speak a foreign language because they do. Most people who work closely with the certified public accountant or chief financial officer would be familiar with the...
Read more10 of the Best Accounting Software for SaaS Companies
The Software as a Service (SaaS) industry has exploded in popularity and seen enormous growth. If you're running a SaaS business, it’s paramount to stay ahead of the curve while...
Read more7 Best AP Automation Software Solutions on the Market
With an expected growth rate of 12.5%, the Accounts Payable automation software market will likely increase to $7.5 billion by 2030 [1]. Demand for almost real-time information, higher efficiency, and...
Read moreAccounts Payable Automation Case Study: 3 Success Stories
For each invoice processed, the average company spends $8.64 per invoice– including labor and overhead costs for invoice processing, postage, printing, IT costs, and other miscellaneous fees. Invoice processing costs...
Read moreAccounts Payable Management – How to Do it Effectively
Introduction As a qualified accountant, you spent years studying to practice your craft. Finally, you achieved your dream. You have your own accounting firm and work hard to keep your...
Read moreAP Automation – All You Need to Know
Accounts payable is arguably one of the most important aspects of a business, and it's not just because it's responsible for paying bills. It's also important because it helps to...
Read more10 Benefits of Accounts Payable Automation
The days of doing your accounts payable with a calculator are over. By automating accounts payable, you can improve efficiency and reduce costs. This blog will discuss 10 benefits of automation and how it can help streamline your operations.
Read moreHow To Reconcile Accounts Receivable – A Useful Guide
Accounts receivable is one of many things on your balance sheet, but it could majorly impact business operations. Of course, it's nice for business owners to have money flowing smoothly...
Read moreRobotic Process Automation in Accounting – Success Stories
Over the next two decades, robots will take human jobs - or at least half of them. And even though tech advances may come sooner than expected for accounting firms...
Read moreHow to Simplify Your Bookkeeping – 5 Actionable Steps
If you LOVE bookkeeping and all the things that come with it, like: Staying late after work to do tedious tasks Digging through stacks of papers to find that ONE...
Read moreCloud Accounting vs Traditional Accounting – What are the Core Differences?
Accounting is a dynamic field: it changes constantly. It has shifted from pen-and-paper toward a more advanced and efficient computing system. As a small business owner, you have two options...
Read moreThe 10 Worst Accounting Scandals In US History
Accounting is one of the most highly regulated industries in the United States. So when accounting scandals occur, they make headlines. When accountants are dishonest, the consequences are far-reaching. Not...
Read more50 Small Business Tax Deductions That You Should Know
You don’t need to pay thousands of dollars in taxes when running a small business. Don’t get us wrong; we are not saying you evade your taxes. We are talking...
Read moreHow to Increase Your Accounting Firms Efficiency and Profit
As an accounting firm, if you're looking to output 80% efficient results and achieve higher productivity, then focus on tweaking 20% of your processes and inputs. This is known as...
Read moreHow to Package Your Bookkeeping Services to Attract More Customers and Increase Your Profit
If you're a bookkeeper, one of your top priorities is finding new customers. And if you want to attract more customers, you need to package your services to make them...
Read moreIs accounting a hard major?
When choosing a college major, many students will agonize over the decision. One of the most important deciding factors is the difficulty, and Accounting is considered one of the most...
Read moreWhy Accounting is Called the Language of Business
Enough with the metaphors already, Mr. Buffet. What do you mean by accounting is the language of business? There are many theories about what this coined phrase means. But you...
Read moreThe Most Important Emerging Trends in Accounting
The accounting industry is constantly evolving. In order to stay ahead of the curve, it's important to be aware of the latest emerging trends. Otherwise, accountants risk falling behind and...
Read moreHow Many Accountants Does A Company Need?
The truth is, there is no one-size-fits-all answer to this question. The number of accountants a company needs will vary depending on the size and complexity of the business, as...
Read moreIs accounting a dying field? No, it’s not, and here’s why
When choosing a career, it's essential to consider the future of the industry you're interested in. You don't want to select a field with few job prospects, as this could...
Read moreHow To Be Your Own Accountant
Handling and recording your finances can be daunting. Many people choose to outsource this responsibility to an accountant or financial advisor. However, with a little organization and knowledge, you can...
Read moreIncompetent Accountant? Here’s What to Do About It
It's a nightmare scenario - you hire an accountant to help with your books, and they don’t know what they’re doing. What can you do if you find yourself in...
Read moreFinancial Advisor Vs. Accountant – What Are The Main Differences?
When it comes to our finances, we want to get things right. But when the time comes time to ask for help, many people are unsure whether they should consult...
Read moreHow to Be a Good Bookkeeper and Offer Maximum Value to Your Clients
Being a professional bookkeeper isn't just about looking after the client's financial records. It's also about providing maximum value to your clients and ensuring they get the best possible service....
Read moreHow Many Clients Can A Bookkeeper Handle?
Bookkeeping is all about numbers. The more clients, the more money, right? Well, that's not always the case. Just because a bookkeeper can take on more clients, it doesn't mean...
Read moreHow to fix bad bookkeeping – 7 key tips
DIY bookkeeping can be tricky, and the feeling of doing something wrong always lurks in our minds. Errors can cost small businesses big if not caught early enough or lead...
Read more9 Key Benefits of Outsourced Accounting
Like most business owners, you're always looking for ways to save money and improve your bottom line. One way to do that is by outsourcing your accounting needs. Traditionally, businesses...
Read moreWhy Hire a Bookkeeper – 5 Simple Reasons
As a business owner, do you sometimes feel overwhelmed by all the financial tasks you have to take care of? Does the tax season send a cold shiver down your...
Read moreAccountant Not Responding? – What to Do About It
Like most small business owners, you probably don't have the time or resources to hire a full-time accountant. This leaves you relying on outside help to manage your finances -...
Read moreController vs Accountant – What are the main differences?
No matter how large or successful your business is, it is always a challenge to build your company's financial infrastructure. Many companies find themselves asking: What are the key differences...
Read moreHow to Become a Senior Accountant: The Ultimate Guide
Climbing to the top of a career ladder can be a long and difficult journey. For accountants, reaching a senior position can be especially challenging. But since most will relish...
Read moreHow Many Clients Does A Small CPA Firm Have On Average?
Fewer clients are a problem and too many clients are a problem. Learn what you can do as a business owner to stay ahead of your challenges.
Read moreWhen is the busy season in accounting?
There is no such thing as a slow season for the accounting profession. In fact, for many accountants, the busy season is year-round! This is because businesses of all sizes...
Read moreFinancial Accounting vs. Managerial Accounting: What’s the Difference?
Do you know the difference between financial accounting and managerial accounting? If not, don't worry - you're not alone! Many people don't understand the distinction between these two types of...
Read moreIncurred vs. Accrued in Accounting – Main Differences and Examples
In accounting, incurred refers to when the business owes money as a result of a transaction, while accrued refers to the practice of recording financial transactions as they happen –...
Read moreDo Accountants Like Their Jobs?
Happy employees are productive employees. And they tend to earn more money, as their optimistic approach opens them up to new experiences and opportunities. Unfortunately, work-related stress and risk come...
Read moreHow Artificial Intelligence (AI) Can Simplify Bookkeeping
As a business owner, you have a lot on your plate. You're responsible for making sure your company is profitable and growing, and that can be a lot to handle...
Read moreWhat Can Be Considered as Accounting Experience?
Accounting experience could refer to any relevant position that deals with tasks and activities related to financial reporting, using accounting software, applying generally accepted accounting principles, assurance, audit, and technical...
Read moreDo Accountants Work Weekends and Long Hours?
Pursuing a career as an accountant could be one of the best ways to invest in your education. There are different accounting careers you can pursue. As an account, you...
Read moreIs Accounting Stressful?
Many accountants find their careers rewarding, but it can also be stressful from time to time. Their worries also vary, from deadlines to overtime to heavy workloads to unrealistic expectations...
Read moreIs QuickBooks Easy or Hard to Learn?
Why Should I Learn QuickBooks? Learning to use QuickBooks is easy for someone familiar with basic accounting principles and how the accounting software works, but it can be hard for...
Read moreHow To Start Your Own Accounting Business
Working in accounting can be very financially rewarding. There is so much demand for accountants globally. According to Startup Jungle, 11 countries report that they have a shortage of accountants....
Read moreTop forums for accountants and bookkeepers
Accounting constantly evolves, and discussions have always been integral to the profession's growth. With more people turning to the internet for advice, online forums for accounting and finance professionals are...
Read moreHow to Get More Accounting Clients – 5 Effective Strategies
Every business is booming with new clients. Accounting firms are no exceptions. Whether you're an accounting firm or provide accounting services, attracting new clients is essential to your success. If...
Read moreHow Much Does an Accountant Cost for a Small Business?
Business owners know that accountants don’t come cheap. Though there is no universal price for an accountant, most are not cheap. But since they are vital to running the business...
Read moreBookkeeper vs Accountant – What Are the Core Differences?
Do you need an accountant or a bookkeeper – or do you actually need both? Small business owners have historically benefited from the services of both accounting professionals. Organized finances...
Read more6 Bookkeeping Tips For Small Business Owners to Help You Thrive in the Post-Pandemic Business Environment
The post-pandemic business world is full of opportunities for savvy small business owners. A dramatic shift to online environments means that services and techniques formerly available only to large corporations...
Read moreHow to Deal With Difficult Accounting Clients?
In the accounting industry, you will inevitably come across difficult clients. While some may be challenging to work with, it is vital to maintain a positive attitude and work through...
Read moreHow to Prevent Fraud in Accounting?
Fraud is an ugly word, and it conjures up all sorts of negative images. Unfortunately, it is an all too common occurrence in the accounting world. In fact, a study...
Read more5 Steps to Achieving Efficient Cash Flow Management
Insufficient cash flow was the biggest challenge businesses had during the COVID-19 outbreak in 2020. More than 85% reported high or medium financial impact amidst the economic fallout, government-imposed lockdowns,...
Read more55 Catchy Accounting Business Name Ideas
There is more to a name than just a catchy phrase. A name is the first impression a customer gets of a business; it must be memorable, accurate, and professional....
Read moreHow to Grow An Accounting Firm – 7 Effective Strategies
Unlike other industries, the finance and accounting sector hardly suffered due to the pandemic. Forecasts even predict higher demand for advisory services as businesses seek advice for insolvency, restructuring, and...
Read moreHow To Price Accounting Services
If you're a CPA or bookkeeper, pricing your services can be a daunting task. How do you know what to charge? How much discount do you give a new client?...
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