Bookkeeping

Intuit – Affordable New Tax Software For Small and Home Based Businesses Tax Preparers

In September 2009, Intuit launched a new web based tax software called Intuit ProLine Tax Online Edition (beta) for those individuals and tax preparer’s that need a low-cost, comprehensive and Web based 1040 tax program. This software is designed for low volume users whose client base does not justify a more expensive PC or networked tax software. Like many other web-based software programs, and in particular like QuickBooks Online, this program allows the tax preparers to work from home or anywhere as long as they have web access. Intuit has been in the tax preparation business for many years and has its TurboTax ,Pro Series ,and Lacerte matured brands. Intuit clearly understands its customers’ needs and has had foresight to know that many of the tax software applications are heading towards “cloud computing” and this tax software, is another example of a Web enabled program.


Have A Big Business Prescence Without The Big Business Budget

The biggest drain on time and the biggest frustration for business owners are quite often managing in house business fundamentals when in fact they should be spending their time on growing and developing their business or doing what they do best ! Instead they are busy with the books or managing staff.


Have A Big Business Prescence Without The Big Business Budget

As a business owner your time is best spent doing what you do well. Managing the books and staff can be a drain on your time and a frustration for even the most dedicated business owner with the best staff and best processes in place.


Why Keeping Proper and Accurate Financial Records is Vital for Your Business Health

You wouldn’t drive your car without visibility of the road ahead and/or your driving instruments . so why operate your business without financial visibility? Just as visibility of the road and instrumentations are vital aids to being able to drive your car – being able to see where you are going, in what direction you are heading, how much fuel you have and how fast you are travelling, how your car is performing and what other’s are doing on the road around you – so is financial visibility a vital aid in the ongoing success of your business.


Working 16 Hour Days? Save Time and Money by Outsourcing!

If you are a business owner like me you will know good help is hard to find. In these turbulent economic times finding good staff at a reasonable price can be very challenging. Some colleagues say impossible. However, the use of business process outsourcing (BPO) staff can be used at a fraction of the cost. This could be your path to having all those low level tasks you have been meaning to get done but never have the time. The reality is there are not enough hours in the day. But now BPO staff can do the job extremely well and is relatively inexpensive.


Bookkeeping Business Secrets for Goal-Setting Success

Goal setting is crucial to the success of any business, but is particularly important for entrepreneurs in the bookkeeping service business who can become distracted with multiple priorities. Goal setting allows us to be proactive, instead of just being reactive. We’ve all had days where we leap from one crisis to another, but we know [...]


Companies Avoid Legal Complications by Using Online Bookkeeping Services

Company owners are often confused by the tangled web of business and financial regulations. To simplify the complicated financial part of the business, many of them choose to protect themselves by contracting for outsourced accounting services. On the other hand, some companies are still trying to handle their own bookkeeping or hiring non professionals [...]


Bloated File Cabinets, Where to Store the Hard Stuff

The times we live in are quite convenient in terms of communication whether you hail from a cubicle dwelling or man an oil rig in the gulf. Communication happens at the speed of a key click and the office vernacular these days typically revolves around abstract virtual talk. When someone means folder, typically they’re speaking [...]


Cost Savings from Computerized Accounting are Not What They Should Be

The basic advantages of a computerized accounting system are efficiency and speed. In a manual system receipts and disbursements are initially recorded in registers. This can involve writing a check and then writing a description in a register or this can be done on a one-write system. Either way the transactions in the registers must [...]


Basic Bookkeeping For Small Business Can Save Money

Basic bookkeeping consists of recording the prime business transactions of sales, purchases and cash. The accounting documents supporting and evidencing these transactions being called prime documents which are entered into the business books by a bookkeeper.
Sales Invoices
A sales invoice is a prime document. In more advanced accounting systems technical terms such as sales day books, [...]