Blogs

Selecting a suitable accounting method is not least amongst the important monetary decisions of a business. The cash vs. accrual accounting debate is more than talking about your bookkeeping, it matters when you pay taxes (and the payment amount). Knowing how these mechanisms function can reduce your tax liability as well as aid in planning... Continue Reading

Finances are one of the most important yet time-consuming tasks for any small business owner. Bookkeeping can easily start to feel like drinking from a fire hydrant especially when done manually, what with tracking expenses, managing invoices, and preparing financial reports. This is where online bookkeeping for small business comes as a smart, swift solution.... Continue Reading

Managing your own finances as a business is important. Regardless of the size of your business or whether you operate within a particular industry, one key area of your financial operation that you should always consider when managing your money is accounts payable. Accounts payable refers to all areas of your business’s accounting function related... Continue Reading

When you are running a business, you have many things to do, but accounting should not be one of the things that causes you stress. Accounting is important to a company’s overall financial health, but doing it all yourself will take away from your ability to grow your business. Many times, this is when business... Continue Reading

As​‍​‌‍​‍‌ more and more accounting firms and financial professionals move to cloud-based platforms such as QuickBooks, Xero, and FreshBooks, the cybersecurity threats linked to these platforms are also changing. While each platform offers ease and up-to-the-minute access—without strong security measures for accounting data—financial client information can be the target of a breach, a phishing attack,... Continue Reading