Small business accounting is full of challenges. From invoices to payroll to end-of-year taxes, figuring everything out without accounting software can be difficult. That’s where QuickBooks Online comes in. Quickbooks Online is accounting software mainly for small businesses that is used to manage their accounting needs. You can use Quickbooks Online...
Outsourcing has become a popular business strategy for many companies looking to reduce costs and improve efficiency. One area where outsourcing can be particularly beneficial is accounting services. In this essay, we will explore seven benefits of outsourcing your accounting services. Cost Savings One of the most significant benefits of outsourcing your...
As a franchisor, it is your responsibility to provide your franchise owners with the resources and tools they need to succeed. One of the most important resources you can offer is franchise performance data. This data can help franchise owners identify areas where they are excelling and areas where they...
Needs change over time as businesses grow and scale. Therefore, solutions must adapt and/or change to continue to support expanding essential business functions. One of the hardest decisions you will need to continually reassess and make is which accounting system is best for your operation. There are many considerations involved, and one of the most important considerations is if you are ready to upgrade or switch. Another important consideration is which accounting solution configuration will be the best fit for your industry.
We recommend QuickBooks because we:
This allows us to design a custom-tailored solution configuration to meet and exceed your business needs. But, which solution will ultimately be best for your business; QuickBooks Desktop Enterprise or QuickBooks Online Advanced? This brings us to why we wrote this article. Our intent behind the article was to answer the two-part “Big Kahuna” of client questions we receive.
In this article, a dive into the complexities of the QuickBooks Desktop to QuickBooks Online migration will be explained in plain language, along with what can happen when you venture out alone into the QuickBooks unknown, and how our QuickBooks migration services differ from all of the rest – how we move your data and empower your business for optimal success!
And, if you are still trying to determine which solution would be best for your business, there is help available for you. Check out the blog resources below, and Contact Us if you still need more help or have any questions:
Read on to learn more about QuickBooks Desktop to QuickBooks Online migrations!
The truth is, many business owners do not truly understand the difference between a bookkeeper and a CPA, so we have decided to help!
We have noticed that there seems to be a fair amount of misinformation online about this subject. Because these dissimilar occupations, with different technical skillsets (hired at much different price points), are often misunderstood to be the same occupation, we feel it is our duty to inform our clients.
We also arrived at this decision with the help of small business owners who contacted us looking into outsourcing some (or all) of their accounting needs. Enough of them have asked why we do not offer a “one-stop-shop” service, that includes Certified Public Accountant (CPA) work.
While a “one-stop-shop” service may be convenient for the client, it typically falls short in the areas of economic efficiency and performance optimization. For those reasons, we recommend the separation of Bookkeeping and CPA work between different organizations and/or contractors, and we’re going to share our reasoning with you in this article.
Don’t wait until tax season to clean up your books. The purpose of keeping clean books isn’t to just do your taxes. Your books need to be done — but more importantly, they need to be done right. That means your balances need to tie out, your loan principal and interest...
Circling back to planning and preparation, here are some famous wise words that we can draw on. Abraham Lincoln once said, “Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” That makes for a pretty sharp axe! And a thoroughly sharpened axe certainly cuts through more trees quicker! From over 500 years of combined QuickBooks and small-to-medium-sized business experience, we can vouch, that the right investments in the right places, at the right times, is what preparedness is all about. So, ask yourself this question:
Are you properly prepared?
We sure hope you are, but just in case, this article will help you with the tools and resources you’ll need. We’ll share some knowledge and expertise around preparing for the new year and how we can help you fortify your business. In 2023, we are dedicated to seeing you grow and succeed, and we’re going to show you how we can help! Ready? Set? Grow!
We all know that accountants are busy people in busy professions, and during busy times of the year “busy” is more of an understatement. As a company dedicated to QuickBooks training and performing QuickBooks services for our many happy clients, with a team of Allstar, certified ProAdvisor consultants with strong accounting backgrounds, we know and understand what “busy” truly means for accountants. And we definitely know how “busy” can affect work quality and accuracy. The last thing any business wants are penalties imposed by the IRS for any mistakes or oversights! So it’s important to prepare and execute year-end taxes correctly.
Diving a little deeper into the weeds of year-end taxes, a lot of the technical questions we receive have to do with Form 1099. Form 1099 work can become quite tricky, and a lot of accountants can struggle with choosing the correct Form 1099 variant to file. 1099s are a complex component of the tax preparation and filing process, with 20 Form 1099 variants, and it is essential to report everything correctly to avoid an IRS Tax Audit. Correct reporting will also help to mitigate potential IRS Tax Audits of your employees, which can cause great stress and negatively affect work performance.
Our solution? Read on to learn more about how we can help!
