Fundera

JULY 18, 2017

Do you know the difference between bookkeeping vs. accounting? Many people use the words bookkeeping and accounting interchangeably. Bookkeepers and accountants generally work together very closely in order to fully serve their clients. Traditional Bookkeeping Vs. Accounting Roles.

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Transactions Small Businesses 92

blue dot counseling

APRIL 27, 2024

Accountants & bookkeepers let themselves be constrained by the standard chart of accounts in Xero. The post Build a useful Xero chart of accounts appeared first on Blue Dot Consulting. But see it as a starting point, not a fait accompli.

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Fundera

MAY 30, 2018

So, to make certain that you’re running your business to the best of your ability, you’ll need to make sure you have a full toolkit—which includes the best home business accounting software for all of your bookkeeping needs. Answer These 3 Questions to Find Your Home Business Accounting Software. What are you selling?

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Transactions 75

Fundera

JANUARY 27, 2017

You’re at the point in your business that you know you need help with your accounting. Your insurance broker tells you that you need a bookkeeper to help you get organized, but your banker is telling you to hire a CPA. What Bookkeepers Do. Bookkeepers typically “keep the books,” hence the name. What Accountants Do.

Small Businesses 85

Small Businesses Transactions 85

Fundera

FEBRUARY 16, 2016

That’s right, folks—it’s a good time of year to have a little chat about the difference between accountants and bookkeepers. I’m the first person to correct someone who calls me an accountant. No, I always say, I’m a bookkeeper. “Oh, so you’re an accountant?” Breaking It Down. ”, “P.A.”,

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Transactions Small Businesses 76

GoCardless

JULY 30, 2021

Review your understanding of bookkeeping vs. accounting.

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Due

APRIL 15, 2024

Among the many things you can do right now to put your small business in a position to succeed is to modernize its bookkeeping and accounting processes. If you haven’t given much thought to your small business accounting goals lately, that needs to change because technology rapidly renders old accounting assumptions obsolete.

Small Businesses 84

Small Businesses Bankruptcy Credit and Collections Business Bankruptcy 84

Accounting Department

DECEMBER 21, 2023

Outsourced client accounting services play a crucial role in helping businesses take control of their financials. These services involve outsourcing the accounting and bookkeeping tasks to a third-party service provider, allowing businesses to focus on their core operations.

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Plooto

APRIL 18, 2024

However, many small businesses struggle with cash flow management, especially if they don’t have a lot of experience in bookkeeping and accounting. Managing cash flow effectively is an essential aspect of running a business smoothly.

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Small Businesses 105

Accounting Department

JANUARY 11, 2024

Every savvy business leader knows the value of having a well-run bookkeeping or accounting department. However, not everyone is aware of how important it is today to have a financial planning and analysis (FP&A) team to help back their business with effective and accurate financials.

Small Businesses 94

Small Businesses 94

Accounting Department

MARCH 9, 2023

It is no secret that accounting is rife with complex challenges characterized by number-intensive projects that require extensive educational specialization, experience, and diligence. In short, the average person is not cut out for the role of a professional accountant or bookkeeper.

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Chaser

AUGUST 3, 2023

The Chaser team is excited to be exhibiting at this year's event, which is set to take place on Wednesday, August 23rd, and Thursday, August 24th at the ICC Sydney Xerocon Sydney is an annual conference organised by Xero and stands as one of the major events in the accounting and finance industry in Australia and New Zealand.

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Accounting Department

DECEMBER 27, 2022

Startup founders and managers rightfully question whether it is prudent to outsource accounting and bookkeeping or keep the work in-house. Chart out the positives and negatives of outsourcing accounting/bookkeeping projects and you’ll find the positives are significantly greater in number.

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Lendio

APRIL 2, 2024

Balance sheets make up the core of bookkeeping. A common mistake in bookkeeping is that your liabilities are the same as your costs—but this isn’t the case. In double-entry bookkeeping, each liability is also listed as an asset so the business owner can track the value of the business. Short-term and long-term liabilities.

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Eagle Business Credit

OCTOBER 12, 2023

Many small business owners have been turning to accounting software for their bookkeeping needs. Software can be used with or without an accounting department, depending on how lean your business is. What Are the Benefits of Accounting Software? What Are the Benefits of Accounting Software?

Small Businesses 98

Small Businesses Dashboards Credit Management 98

Chaser

NOVEMBER 6, 2023

QuickBooks Connect is a global event series that brings together accounting professionals, QuickBooks platform partners, and the ecosystem that surrounds them. Here are five reasons why you should meet Chaser's accounts receivable experts in Las Vegas.

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Accounting Department

FEBRUARY 9, 2023

Yet this isn’t necessarily the case — particularly regarding client accounting services (CAS). Taking into account the challenges put forth by the pandemic and the current economic uncertainty, the need for CAS has been kicked into overdrive. What are client accounting services? Why are client accounting services so important?

Small Businesses 96

Small Businesses 96

Accounting Department

JANUARY 4, 2023

Most business owners and managers are busy to the point that they overlook the signs that indicate it is time to outsource bookkeeping and/or accounting projects to outside specialists. Instead of attempting to do everything in-house, trust the bookkeeping services professionals to complete numbers-related projects on your behalf.

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ForwardAI

MARCH 14, 2024

Sponsored by Forwardly, this series will be sharing Fulton and Roppa-Roberts’ wealth of knowledge that targets the crucial aspects of professional growth and business management within the accounting sector. This free series is essential for those looking to master industry complexities and for growing accounting professionals.

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Accounting Firms 52

blue dot counseling

DECEMBER 20, 2023

Outsourced accounting has been with us for many years, at all levels from the freelance bookkeeper to the interim Finance Director. No change there, but technology is making outsourced accounting much easier to buy and to deliver.

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ForwardAI

FEBRUARY 6, 2024

Originally posted on EINPresswire The free virtual event promises to showcase the latest in accounting technology, as well as special giveaways and sweetheart deals from participating companies. Demoing companies include: Forwardly: With Forwardly, companies get payment in 22 seconds, or it’s a free same-day ACH.

Accounting Firms 52

Accounting Firms 52

blue dot counseling

MARCH 7, 2024

If your bookkeeper or accountant doesn't take the time to understand your business then you won't recognise your business in your numbers. The post You can have any expenses you want – so long as they’re Direct Expenses appeared first on Blue Dot Consulting.

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blue dot counseling

JANUARY 7, 2024

Bookkeeping and accounting are not for everyone and often it's better to outsource some or all of your bookkeeping so you know it's being done well and to ensure you're getting the financial information you need in order to run and grow your business profitably.

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Lendio

MARCH 13, 2023

Bookkeeping involves maintaining detailed records of your business’ financial transactions. To perform the bookkeeping for your small business, you must be able to create and maintain a general ledger. For example, your asset accounts could include cash, receivables, property, and equipment.

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Transactions Small Businesses 52

blue dot counseling

NOVEMBER 30, 2023

It doesn’t matter if you’re in the cloud with apps coming out of your ears or if you’re a 15th century cleric keeping the parish accounts – bookkeeping is all about processes and workflow. The post QuickBooks training for business owners appeared first on Blue Dot Consulting.

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blue dot counseling

NOVEMBER 30, 2023

It doesn’t matter if you’re in the cloud with apps coming out of your ears or if you’re a 15th century cleric keeping the parish accounts – bookkeeping is all about processes and workflow. The post QuickBooks training – would it help me? appeared first on Blue Dot Consulting.

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blue dot counseling

DECEMBER 19, 2023

Bookkeeping and accounting are not for everyone and often it's better to outsource some or all of your bookkeeping so you know it's being done well and to ensure you're getting the financial information you need in order to run and grow your business profitably.

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Plooto

FEBRUARY 23, 2024

What is accounting software for midsize businesses? Accounting software is a computer program that maintains accounting books to assist bookkeepers. Capabilities of an accounting software can include recording transactions, expense tracking , reporting, reconciling, and real-time insights.

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Transactions 52

ForwardAI

OCTOBER 27, 2023

Our CEO, Nick Chandi , sat down with Kate Josephine Johnson from The Bookkeeping Side Hustle and shared valuable insights into the transformative power of their real-time payment platform for small businesses. Listen to the full interview on The Bookkeeping Side Hustle’s YouTube channel.

Small Businesses 52

Small Businesses 52

Due

MAY 10, 2023

Small business owners face various challenges in managing their finances, from bookkeeping and accounting to tax compliance and cash flow management. However, a new era of accounting solutions is changing the game for small business owners. AI-powered bookkeeping. Helps monitor cash flow and track expenses.

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Small Businesses Deductions 113

Chaser

MAY 15, 2023

Accountex London 2023, the leading event for finance professionals, accountants, and bookkeepers, took place last week at the London ExCeL. Over 10,000 attendees came from all over Europe to network, gain insights, and explore cutting-edge solutions in the accounting and finance industry.

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Accounting Department

JUNE 22, 2023

Every savvy business leader knows the value of having a well-run bookkeeping or accounting department. While both accounting professionals and FP&A team members guide executive decision-makers and improve an organization's financial health, each one serves a different, critical function within the company.

Small Businesses 87

Small Businesses 87

Chaser

MAY 9, 2023

As the leading event in Europe's accounting and finance community, Accountex London is the perfect opportunity for businesses to connect, learn, and discover new technologies to enhance their financial processes. If so, make sure you don't miss out on visiting Chaser's stand.

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Plooto

FEBRUARY 14, 2024

Accountants are innovators. By 1985, bookkeepers began to automate manual tasks with Microsoft Excel — and never looked back. In 1952, they were early adopters of IBM’s first large computer, using it for business applications like billing and payroll.

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Your Virtual Credit Manager

DECEMBER 26, 2023

Finally, when you see a Red Flag you should: Be decisive and act quickly Do whatever you can to restrict your AR exposure to the customer Closely Monitor Red Flag accounts Speak with the principals of the company Employ Risk Mitigation Tools To learn more about identifying Red Flags and how to respond to them, check out the original article here.

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Collector Credit and Collections Default Third Party Collections 130

ForwardAI

NOVEMBER 10, 2022

Cash flow is a problem that has been troubling small and midsize businesses (SMBs) and accountants since the dawn of time. Consequently, many SMBs and accountants look for other ways to improve cash flow. of bookkeepers and accountants use cloud-based accounting software – the highest among all surveyed industries.

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Small Businesses Accounting Firms 86

Lendio

MARCH 13, 2023

At the end of a specific period, bookkeepers will “close the books,” or wrap up everything for a given month, quarter, or year. By “closing the books,” a bookkeeper can seal financial records for a period of time and know that they’ll be accurate and orderly when reviewed again. When To Close The Books When Should You Close the Books?

Transactions 52

Transactions Small Businesses 52