outsourced bookkeeping

  • 5 Tips to Set Up your Bookkeeping System for a New Company

    It is considered an obligation for every organization or business to keep its accurate bookkeeping. Records must be kept at hand especially during the end of a financial year. Any set of accounts must show the incurred expenses, revenues and profits.

  • Set Up your Bookkeeping System for a New Company

    Cloud Computing Benefits for Your Business

    Businesses of all sizes, locations and industries are turning to cloud services. The cloud is a great way to run a business, since it offers many advantages and only a few disadvantages.
  • Cloud Computing Benefits for Your Business

    Difference Between Accrual and Cash Accounting

    The main difference between accrual and cash basis accounting is in the timing of when revenue and expenses are recognized. In this post we will also cover advantages and disadvantages of both methods.

  • Difference Between Accrual and Cash Accounting

    Five Ways to Recognise Malicious Spam Emails

    We all get our share of spam. But how do we differentiate between simple commercial spam and the types of emails that want to get us in trouble, especially if we think it might be real and from someone we know?

  • How Virtual Accounting Can Help Your Business

    Outsourcing a non-core competency services such as accounting has become an increasingly common trend for today’s businesses. Virtual accounting is the newest model to traditional outsourced methods which is more cost effective and efficient.

  • Virtual Accounting Services

    Moving to a Remote or Virtual Office

    Businesses are increasingly questioning the need for maintaining a physical office. If your office doesn’t serve as a storefront for clients or customers, then your business might benefit moving to a virtual office.

  • Moving to a Remote or Virtual Office

    Must Have Tools to Create a Paperless Office

    Paper is quite inefficient. It’s not searchable, short of rifling through big stacks of long-forgotten documents trying to find that one piece of paper you remember collecting many months ago. Here's a few ways of embracing a paperless office so your business can operate much more efficiently.

  • Tools for Paperless Office

    Online Payment Options: Shopify vs. Square

    If you are looking for an easy way to sell your products or services, either online or in a physical store - there are literally hundreds of shopping carts, POS solutions, and mobile apps available to the potential merchant these days. And perhaps Shopify and Square stand out the most.

  • Shopify VS Square

    QuickBooks Online vs. QuickBooks Desktop

    Choosing the rightaccounting software for your business can be a critical decision thatcan have a drastic effect on your company'saccounting processes for years to come.With so many options available, it is certainly a decision that needs to be researched and thought out.

  • QuickBooks Desktop vs. QuickBooks Online

    Review of MileIQ App for Business Tax Purposes

    MileIQ is suitable for organizations that need to track mileage for numerous employees, and it also is a good solution for business owners that need to track travel mileage for tax purposes.

  • Review of MileIQ App for Business Tax Purposes

    Welcoming & Onboarding New Employees Successfully

    Welcoming new employees is more than just making a company announcement. Welcoming a new employee and integrating them successfully in your company, requires a series of steps that start after your job offer is accepted.

  • Welcoming & Onboarding New Employees Successfully

    What Does NTR Mean & When Do You Need It?

    Audited, accountant-reviewed and notice-to-reader are three types of financial statements—documents that show the financial status of a company. And a compilation engagement (NTR) is usually required prior to preparation of a Small Business corporate tax return. 

  • Notice to Reader NTR

    When to Hire a Bookkeeping Service vs. an Inhouse Bookkeeper

    In today’s economy, many small business owners are looking to reduce costs and increase their profitability, and many of them are discovering that hiring bookkeeping services can save them money and provides many added benefits.

  • Hiring Bookkeeping Service

    Xero vs. QuickBooks Online Bookkeeping Software

    Xero and QuickBooks Online offer similar features, but your business situation will determine which bookkeeping software is right for you. In this post we will compare these two platforms.