Our partners cannot pay us to guarantee favorable reviews of their products or services. Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your […]
All credit comes with some degree of risk, so an important part of AR management is having a well-developed set of credit policies in place. A well-prepared invoice, with important information that is documented and conveyed clearly and concisely, is an essential building block of effective AR management. The information contained in the invoice is […]
• The decision to hire a personal accountant depends on individual financial needs, comfort with DIY accounting, and willingness to invest in professional assistance. Receiving an inheritance – accounting especially if it’s a large one – can attract exorbitant inheritance taxes. Besides, you may be slapped with a very high tax rate on your income […]
Especially if your accountant ends up telling you you’ve been using them incorrectly for the past year. bookkeeping is a crucial function of accounting, and earning a bookkeeping certification is a great way to show employers your expertise. While a certificate is not a requirement to become a bookkeeper, some professionals pursue certification to show […]
To help navigate your options, we’ve put together a guide to outsourcing bookkeeping. The typical cost for outsourcing bookkeeping, accounting, a beginner’s guide to operating expenses for small businesses and similar services ranges from $500 to $5,000 per month. There is a massive price difference based on complexity, transaction volume, and many other factors. It’s […]
Regardless of your area of experience, whether it’s audit, tax, or financial accounting, your skills are needed and can be beneficial in a consulting capacity. Accounting consultants may be hired by individuals or companies, either working for a firm or as an independent contractor. The articles and research support materials available on this site are […]
Our experienced professionals take meticulous care of all your bookkeeping bookkeeping needs. We offer professional, personalized service at prices that entrepreneurs and small businesses can afford. We’ve also built a network of attorneys, accountants, bankers, and technology professionals who are eager to work with our clients to help make their businesses grow. Whether you are […]
Reconciliation must be performed on a regular and continuous basis on all balance sheet accounts as a way of ensuring the integrity of financial records. The company should ensure that any money coming into the company is recorded in both the cash register and bank statement. If there are receipts recorded in the internal register […]
To become one, you have to either have worked at the IRS or pass an EA examination. Bookkeeping offers much lower barriers to entry, and the competition you face in the job search is less fierce. We’ve listed some of the key differences when it comes to the requirements and job market for each. Laura […]
From understanding their experience to their approach to technology, these questions will guide you in hiring an accountant or firm that aligns perfectly with your business needs and goals. In-house accounting involves hiring and training internal staff to handle financial tasks. Outsourced accounting relies on external experts who are already equipped to manage a businesses’ […]
