Ashish Rana on Linkedin
SENIOR MANAGER - ACCOUNTING AND TAXATION DEPARTMENT at Cogneesol Inc.
Ashish Rana completed his graduation in Commerce from Punjab University in 2005 and has done an MBA in Finance from Punjab Technical University. He holds more than 15 years of professional experience in the finance, accounting and taxation industry.
He has successfully reviewed and processed various tasks under Accounting & Bookkeeping, Payroll, Personal Property Tax Returns, Business or Corporate Tax Returns, Individual Tax Returns (1040), Notice Handling, Tax Planning for Individuals and Corporations, MIS Reporting, Communication with US Staff and US Clients.
At present, he is supervising a team of more than 150 employees who deal with International Clients for Accounts, Payroll, Sales Tax VAT and GST returns, and also takes care of MIS Reporting, Communication with Clients.
He has been writing informative and engaging articles about the accounting industry, expressing his views on the latest industry trends, providing solutions against the common accounting problems faced by businesses, streamlining their accounting processes eventually.
Accounts Receivable Challenges
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Accounts Receivable
Beat Accounts Receivable Challenges through Outsourcing

When we look at the world of accounting, Accounts Receivable (AR) is a term that refers to the money that [...]

Outsourcing Accounts Payable
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OUTSOURCING
How can you Leverage the Benefits of Outsourcing Accounts Payable for Businesses?

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INFOGRAPHIC
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Revenue Goals for CPA Firms
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Accounting Services for CPA Firms
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restaurant accounting
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Restaurant Accounting Services
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Tax Preparation
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Accounting Services for CPA Firms
Want to Add Value to Your CPA Firm? Accounting Outsourcing Can Help!

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FINANCE AND ACCOUNTING
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Accounting Services for CPA Firms
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Tax Preparation
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Tax Preparation
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Accounting Services for CPA Firms
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Bank Credit Card Reconciliation
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Accounting Services for CPA Firms
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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How Today’s Accounting Numbers Help You Make Better Business Decisions
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FINANCE AND ACCOUNTING
How Today’s Accounting Numbers Help You Make Better Business Decisions

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FINANCE AND ACCOUNTING
Tips That Help Ease the Rush of Next Busy Tax Season

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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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Avoid a Restaurant Bankruptcy!
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INDUSTRIES
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FINANCE AND ACCOUNTING
The Role of an Accounting Back-Office Partner during COVID-19 Outbreak!

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FINANCE AND ACCOUNTING
A Step-By-Step Guide to Ensure Payroll Compliance!

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Healthcare Accounting Bookkeeping
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Unpaid invoice
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Healthcare
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Robotic Process Automation
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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Bookkeeping Services
What is Growth Hacking and How to Do it for Your Accounting Firm?

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Digital Payments Taking Over the Cash Completely
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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chart of accounts
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FINANCE AND ACCOUNTING
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FINANCE AND ACCOUNTING
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OUTSOURCING
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Accounting Services for CPA Firms
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real estate accounting software
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FINANCE AND ACCOUNTING
5 Real Estate Accounting Software to Stay on Top of Your Finances!

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Balance Sheet of a Manufacturing Company
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Manufacturing Accounting
What all Must be Included in the Balance Sheet of a Manufacturing Company?

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tax preparations
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ATX Tax Preparation
What Preparations Must You do Before the Next Tax Season Starts?

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Finance & Accounting and Taxes
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FINANCE AND ACCOUNTING
Impact of Technology on Finance, Accounting, and Taxes! – Infographic

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Balance Sheets for Manufacturing Industry
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Manufacturing Accounting
How to Manage Balance Sheets for the Manufacturing Industry?

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Financial Benchmarking
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FINANCE AND ACCOUNTING
Why is Financial Benchmarking Crucial for your Business?

Are you aware of the financial situation of your business? Have you ever taken the initiative to evaluate your business [...]

Cyber Security in CPA Firms
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Accounting Services for CPA Firms
What Security Measures CPA Firms Should Take Against Cyber-Attacks?

CPA firms and other businesses are happy with the emergence of cloud-based software as it offers immense opportunities right from [...]

Bookkeeping Tasks
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Bookkeeping Services
Ultimate Checklist of Bookkeeping Tasks for Small Businesses – Infographic

Managing your small business finances is not a cake walk. Understanding all the ins and outs is vital to stay [...]

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FINANCE AND ACCOUNTING
Enhance Law Firm Cash Flow: 7 Best Practices to Follow

Running a law firm is not an easy task and if you are successfully running your law firm, then you [...]

Accounts Payable Accounting
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Accounts Payable
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manufacturing ERP Enterprise Resource Planning
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FINANCE AND ACCOUNTING
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accounting evolution
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FINANCE AND ACCOUNTING
Accounting Has Evolved Over the Years – Find Out How!

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FINANCE AND ACCOUNTING
5 Fallacies and Misapprehensions of the Latest Tax Reforms and Legislation

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accounting outsourcing stats
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FINANCE AND ACCOUNTING
Outsourced Accounting: A Boon For Small Businesses

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invoices
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FINANCE AND ACCOUNTING
3 Commonly Used Platforms for Creating Invoices

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Bank Credit Card Reconciliation
How Can Technology Modernize Accounts Reconciliation?

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FINANCE AND ACCOUNTING
Virtual Accounting – What Every Business Entrepreneur Needs To Know! – Infographic

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medical practice
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Accounting Services for Doctors Dentists
4 People You Require When Opening a Medical Practice

Starting up a brick and mortar medical practice for the very first time is an enthralling experience for the majority [...]

Accounting Problems
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Real Estate Accounting Bookkeeping
Common Issues Faced By Realtors While Managing Their Accounts

Before coming to the common issues faced by Realtors while managing their accounts, it will be relevant to clear up [...]

Virtual-Accountants
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FINANCE AND ACCOUNTING
How Much Does it Cost to Hire a Virtual Accountant for Real Estate Business?

When you are running a real estate business, keeping your expenses low is a high priority in order to sustain [...]

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Accounting Services for Doctors Dentists
What to do if You‘re Not Prepared to File Your Taxes by the Due Date?

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Ecommerce Data Entry
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Data Entry
8 Must-Follow Tricks to Boost Sales of Your eCommerce Store

There are a lot of eCommerce retailers in the market nowadays. In this aggressive competition, the primary goal of retail [...]

Outsource Cloud Based Accounting Services
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FINANCE AND ACCOUNTING
Cloud Accounting Services – 4 Myths Debunked for Businesses

Large numbers of small and mid-sized businesses find themselves “in the cloud” whether they understand it or not. From the [...]

Data Entry Errors
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Data Entry
Typical Errors That Can Occur During Data Entry and Ways to Fix Them

Businesses striving hard to remain ahead of their competition in today’s environment need to depend on the innovative and latest [...]

accounts receivable
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Accounts Receivable
9 Ways to Boost The Turnover from Account Receivable – Infographic

On an average a $50M worth company experience nearly $750k bad debts every year in the US. This stat is [...]

Data Outsourcing
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DATA MANAGEMENT
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Today, American retail businesses are growing by outsourcing data management solutions, but do you know, how. The United States based [...]

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Bank Credit Card Reconciliation
Accounting Issues Faced by SMBs These Days and Their Quick Fix

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Outsource Accounting Services
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Bank Credit Card Reconciliation
How Outsource Accounting Services Prevent Frauds in Auditing? – Infographic

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Accounts Payable
Small Business Accounting and Bookkeeping Basics You Can’t Ignore

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manufacturing accounting services
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FINANCE AND ACCOUNTING
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OUTSOURCING
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cash flow management
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FINANCE AND ACCOUNTING
Objectives of Cash Flow Management – Infographic

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Should You Put Your Medical Practice Accounting in the Cloud?

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Reconciliation of Account Receivable
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Accounts Receivable
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Accounts Receivable
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hospital accounts receivable
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Accounts Receivable
6 Reasons You Should Outsource Your Hospital Accounts Receivable – Infographic

Managing hospital accounts receivable is not an easy task where the person managing the accounts is not an expert. Accounts [...]

Balance Sheet Reconciliation
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Bank Credit Card Reconciliation
Why is Balance Sheet Reconciliation Essential for Businesses Every Month?

As someone who runs a business, it is imperative that you have a grasp on your company's financial standing. To [...]

Tax Retrun Preparation Services
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Tax Preparation
How to Earn More in Tax Refund This Time?

The time to file your tax refund is here! And everyone wants to get the most out of it this [...]

software accounting
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Accounts Payable
An Essential Guide for Seamless Up-gradation of Your Real Estate Accounting Software

Real estate accounting software usually lasts over a decade before end users begin getting slowed down with a program that’s [...]

Credit Card Reconciliation
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Bank Credit Card Reconciliation
How to Reconcile Credit Card with QuickBooks? – Infographic

Credit card reconciliation is extremely important for a business organization. But commercial ventures generally find it a difficult and time-consuming [...]

Cash Reconciliation and Cash Forecasting
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Bank Credit Card Reconciliation
Importance of Cash Reconciliation and Cash Forecasting for a Business!

When it comes to cash flow planning, cash reconciliation, and forecasting are considered to be its backbone. Without having a [...]

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FINANCE AND ACCOUNTING
Top 9 Considerations Before Hiring an Accounting Firm

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Accounting
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FINANCE AND ACCOUNTING
Basic Accounting Recommendations for Business Owners

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business checklist
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OUTSOURCING
How can a business owner develop a successful checklist for streamlining his commercial operations?

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Tax
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Accounting Services for CPA Firms
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Working environments in CPA firms are undergoing dramatic changes. This has led to the emergence of various challenges related to [...]

Accounts Payable Invoice Process
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Accounts Payable
Top Tips to Improve Accounts Payable Invoicing Process

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FINANCE AND ACCOUNTING
6 Signs Real Estate Business Need to Outsource Accounting

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Accounting Services for CPA Firms
Why CPA Firms Are Increasingly Outsourcing Tax Preparation?

Many CPA firms are looking abroad hoping that outsourcing specific tasks may consolidate their business and liberate time to concentrate [...]

Why Large Companies Prefer to Outsource Financial Accounting Services?
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Accounts Payable
Why Large Companies Prefer to Outsource Financial Accounting Services?

Companies which earn huge profits are generally termed as large companies. Obviously, in a large-scale organization, the key functions would [...]

accounting for manufacturing
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FINANCE AND ACCOUNTING
How to Manage Accounting for Manufacturing Business?

Manufacturing business refers to producing goods of value with the aid of labor, machinery, tools, chemicals, etc. On a day [...]

accounts receivables outsourcing services
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Accounts Receivable
What are the Best Practices for Managing Accounts Receivables?

Proper cash flow management is essential for ensuring that the operations of an organization go on smoothly. The efficient management [...]

healthcare accounting services
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Healthcare Accounting Bookkeeping
How Healthcare Firms can Reduce Risks by Outsourcing Accounting Functions?

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accounting for real estate agents
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Real Estate Accounting Bookkeeping
How to Resolve Issues of Accounting for Real Estate Firms?

Accounting is an integral part of every business. It is essential for keeping the monetary records of the firm and [...]

Real Estate Accounting Services
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Real Estate Accounting Bookkeeping
Is Accounting Services Smart Investment for Real estate Agents? – Infographic

Accounting is an important function in the real estate industry. But there are various challenges associated with this. Outsourcing the [...]

Bank reconciliation process
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Bank Credit Card Reconciliation
Read 5 Easy Steps to Improve your Bank Reconciliation Process

Maintaining the accuracy of the financial statements is of great importance for a business firm. Bank account reconciliation process plays [...]

TurboTax vs CPA
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Tax Preparation
Pros and Cons of using Tax Preparation Software like TurboTax vs. a CPA

Generally, people use the services of CPA’s for preparing their tax returns. In the English-speaking nations, certified public accountant is [...]

Invoice Data Entry
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Accounting Data Entry
Prime Reasons to Choose Invoice Data Entry Services

An invoice is a business document issued by a seller to a buyer containing information regarding the products and services [...]

medical data entry
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Data Entry
5 Factors to Considered Before Outsourcing Medical Data Entry Operations

Data entry is an important part of every business organization. In medical institutions also data entry is a significant function. [...]

Accounts Payable & Accounts Receivable Process
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Accounts Payable
Methodologies to Handle Accounts Payable & Receivable Process for Better Cash Flow Management

Accounts payable and receivable process are key factors for a business organization. Proper management of these factors is essential for [...]

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OUTSOURCING
Key Considerations While Choosing Finance and Accounting (F&A) Services

Finance and accounting (F&A) functions hold great importance for a commercial venture. Despite its significance, it generally gets ignored and [...]

Tax Preparation Software
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OUTSOURCING
How Tax Preparation Software Helps Small Business and Individuals?

Tax preparation is an important activity in any business enterprise. By using the latest software, this activity can be performed [...]

finance and accounting outsourcing
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OUTSOURCING
6 Reasons Why Finance & Accounting Outsourcing (FAO) Makes Sense

In the present business environment, there is cut-throat competition among a large number of business enterprises. In order to capture [...]

netsuite accounting software
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Netsuite Accounting Bookkeeping
Netsuite- Finest Web Based Accounting Software for Businesses

Netsuite has emerged as leading accounting software. It is a cloud based system which helps in managing business operations and [...]

bank Accounts Reconciliation Services
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Bank Credit Card Reconciliation
How Accounts Reconciliation Services Can Simplify Your Monthly Accounting?

All successful businesses are based on the premise that their accounts are fully balanced periodically and the balance sheet reflects [...]

Retail Accounting
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FINANCE AND ACCOUNTING
How Retail Accounting Services Ensure the Success of Your Business?

The retail sector is perhaps the most visible industry to the common man in the street – convenience stores, gas [...]

healthcare accounting services
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Healthcare Accounting Bookkeeping
Manage your Medical Business Effectively by Healthcare Accounting Services

Medical practice today has crossed the conventional borders of healthcare and is now considered as an industry no less than [...]

Benefits of account reconciliation
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Bank Credit Card Reconciliation
5 Benefits of Monthly Account Reconciliation For Your Business

In order to run a business successfully, it is important to conduct monthly account reconciliation process at the end of [...]

outsource healthcare accounting
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Bank Credit Card Reconciliation
Outsource Accounting Services – A Simple Solution for Doctors and Healthcare Clinics

Graduating to be a doctor is not easy. But once you do become a full-fledged health care specialist, setting up [...]

Outsource Invoice Processing Services
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FINANCE AND ACCOUNTING
Outsource Invoice Processing Services – Pros and Cons

In traditional business operations and bookkeeping scenarios when manual methods ruled the roost, any accounts department even of small enterprises [...]

Retail Accounting Services
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Retail Wholesale Accounting Services
Major Advantages of Outsourcing Retail Accounting Services for Retail Stores

Each and every business, irrespective of size or marketplace, is liable for its own accounting to provide the finance-related information [...]

netsuite accounting
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Accounts Payable
NetSuite Accounting Services: The Ideal Business Management Solution

When you talk of the ideal business management solution, there are a whole lot of factors that come into play [...]

bookkeeping outsourcing
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Bookkeeping Services
How to Make Your Bookkeeping Stress-Free?

Precisely when was the last time you jumped out of delight at the thought about preparing your financials? Do you [...]

accounting
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Quickbooks Accounting Services
Top 3 Tools for Better Accounting – Xero, QuickBooks and NetSuite

There is a plethora of accounting software that is available today and this is mainly because companies and businesses have [...]

Outsource account Reconciliation Services
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Bank Credit Card Reconciliation
Lessen the Burden of Accounts Reconciliation. Start Outsourcing

Accounting is all about precision, accuracy and reconciliation and any business has to get this right for exponential growth, free [...]

bookkeeping service
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Bookkeeping Services
Why is it Important to Discuss Your Bookkeeping Preferences Before Outsourcing?

Prior to deciding to hire a company to outsource bookkeeping services, it’s crucial that you understand and define your needs. [...]

Outsourcing Invoice Processing
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Invoice Processing Services
How Outsourcing Invoice Processing Helps to Achieve High Efficiency?

Outsourcing Invoice Processing is a useful technique for managing outstanding payments & cash flow. It is important to check out the [...]

netsuite accounting services
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Netsuite Accounting Bookkeeping
Top Reasons to Prefer NetSuite Accounting Services

Certainly, no one would ever love to see his or her business going through bad times, especially with the perspective [...]

quickbooks accounting services
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Bookkeeping Services
Things To Know About QuickBooks Accounting Services – Infographic

Business owners are pulled in a towards various directions and this leaves no time for them to manage to take [...]

QuickBooks Accounting Software
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Quickbooks Accounting Services
How to Avoid Common Mistakes When Using QuickBooks Accounting Software?

Gone are the days when an accounts department had people hunched over giant ledgers desperately trying to handle hundreds of [...]

QuickBooks accounting services
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Quickbooks Accounting Services
How QuickBooks Accounting Services help to build a Better Business?

Figures, data, numbers, statistics – these are all end results of any business operation. Putting them in an orderly manner [...]

Reconciliation accounting
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Bank Credit Card Reconciliation
Account Reconciliation Services For Your Business Security

Proper and accurate record keeping is vital for any business irrespective of its size and structure. It is mandatory to [...]

accounting software
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OUTSOURCING
A Quick Comparison Between Xero and QuickBooks Accounting Software

Considering the variety of accounting alternatives on the web, it’s difficult to understand what to pick with regards to you, [...]

Accounts Receivable
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Accounts Receivable
How to Ensure Superior Control of Your Accounts Receivable?

Handling accounts receivable is incredibly critical for almost any business since everyday operations considerably rely on it. It’s where you [...]

Tax prepration services
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OUTSOURCING
Lacerte Tax Software Simplifies Complex Tax Preparation

Why do tax accounting professionals the world over choose to put their faith on Lacerte tax preparation software? An analysis [...]

Search Engine Optimization
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DIGITAL SERVICES
Top Search Engine Optimization Tips 2016

In today’s Internet fuelled business scenario, more and more sales and purchase decisions are made after browsing and researching online [...]

Tax Preparation Services
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ATX Tax Preparation
Cogneesol: Tax Preparation Experts Reveal the Finest Ways to Prepare the 2015 Tax Returns

It is now that time of the year when the focus shifts to the more serious task of preparation of [...]

Taxes 2016
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OUTSOURCING
Prepare Your Taxes Before the Beginning of the New Year

The IRS has stated that the tax season starts off on January 19, 2016. To be certain, tax preparation is [...]

Ultra Tax Preparation Software
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OUTSOURCING
Review: UltraTax Tax Preparation Software

Tax preparation is a very complex activity made easy by highly advanced different professional software. There are a large number [...]

Intuit ProSeries
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Tax Preparation
Intuit ProSeries Tax Preparation Software- A Review

Intuit offers tax software solution in the mid-tier known as ProSeries. ProSeries Tax Preparation Software is intended to provide an [...]

CGT
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OUTSOURCING
Capital Gains Tax in the USA Tax Preparation

When you trade something for an additional gain than you spent to acquire it, a capital gain occurs. It is [...]

Lacerte Tax Preparation
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OUTSOURCING
Why Choose Lacerte Tax Preparation Software?

If there is one accounting software that has withstood the test of time, it has been Lacerte Tax developed by [...]

Tax Preparation Services
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OUTSOURCING
How to Reduce Errors at the Time of Tax Preparation?

Tax season brings along with it a feeling of urgency as well as immense tension, and thereby errors unavoidably follow. [...]

Accounting-Software
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OUTSOURCING
Major Accounting Software Available These Days

As the owner of a small-scale business, you don't have to use costly accounting software programs or stress yourself with [...]

outsourcing accounts payable
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Accounts Payable
Is Outsourcing Accounts Payable a Smart Decision? Let’s Find Out!

The accounts payable function is regarded as the commonly outsourced process in the finance and accounting divisions of companies. Though [...]

Finance and Accounting Outsourcing
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FINANCE AND ACCOUNTING
What Drives Businesses toward Finance and Accounting Outsourcing?

There are a number of keywords, for instance, cost reduction, improved processes, accessibility to finest expertise, emphasis on core competencies [...]

seo is dead
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DIGITAL SERVICES
Is SEO Dead? Here’s Our Viewpoint on the Same!

So, when was the last time somebody bought a product using the internet? Yesterday? Today? The precise answer to this [...]

Tax Preparation Services
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Tax Preparation
How to Make Sure Tax Preparation on Time?

In the realm of business, you deal with statistics and numbers day in and day out. With the marketplace and [...]

tax preparation outsourcing
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OUTSOURCING
How Does Outsourcing Tax Preparation Help Improve Client Service?

During the last decade, accounting companies ranging in size from small-scale companies to large-scale ones have accepted tax preparation outsourcing [...]

accounting
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OUTSOURCING
How to Enhance Your Business Accounting Procedures?

At this point, entrepreneurs who are quite proactive with their business procedures tend to neglect certain aspects of their accounting [...]

healthcare
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Healthcare Accounting Bookkeeping
A Growing Association between US Healthcare Providers and Indian Outsourcing Companies

To make it through the challenging situations in the US healthcare business, a lot of companies have formulated certain fairly [...]

Mobile Friendly Website Update
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DIGITAL SERVICES
Want to Survive Google’s Next Mobile Friendly Website Update? This Can Help!

Small businesses that do not have a mobile-friendly website should now think about creating one. On April 21st, Google is [...]

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OUTSOURCING
How can Your Business Profit from Outsourcing Business Solutions?

The advancement in technology has made outsourcing available to businesses and organizations across all levels. Increased number of small as [...]

Accounts Payable Process
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Accounts Payable
How Can You Get Rid of Paper-Intensive Accounts Payable Processes?

As companies consistently look for solutions to increase savings to their bottom line and ascertain process efficiencies across the business, [...]

quickbooks software
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Quickbooks Accounting Services
Why Choose QuickBooks Over Other Accounting Software?

Do you happen to be on the verge of determining accounting software for your company? If the answer is a [...]

OUTSOURCE ACCOUNTS PAYABLE
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Accounts Payable
How to Effectively Outsource Accounts Payable?

So you have made a decision to outsource your accounts payable services – what now? How can you ensure the [...]

Accounts Payable Outsourcing solutions
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Accounts Payable
Accounts Payable: In-House Versus Outsourcing

Day by day, the corporate environment is getting a lot more competitive. Outsourcing is a thriving solution for businesses eager [...]

Accounting software for small business
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OUTSOURCING
Accounting Software for Small Businesses: Gather Information to Make Right Decisions

Small businesses, for decades, lost market share to bigger players due to limited options. One common example was that they’re [...]

payroll processing services
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OUTSOURCING
Top 6 Reasons Why Companies Prefer to Outsource Their Payroll

The trend of outsourcing payroll services has grown hugely popular among businesses of all sizes now-a-days. The option to outsource [...]

payroll services
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OUTSOURCING
Top Payroll Processing Checklist Points to Remember and Follow

There are a couple of things you need to do before you close the annual financial book. You need to [...]

outsourcing to India
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OUTSOURCING
India: The Most Favored Business Process Outsourcing Destination

The outsourcing industry has been a hot favorite topic in the business community in the last couple of years. The [...]

data entry services
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Data Entry
How to Find the Right Company for Outsourcing Data Entry Services?

Businesses are growing at a brisk pace. The digital revolution has brought limitless possibilities into existence. Businesses have more data [...]

xero accounting software
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FINANCE AND ACCOUNTING
Xero – An Accounting Software that is in Trend These Days

One thing that businessmen have dreaded all these years is accounting errors. The world of accounting and tax returns can [...]

outsourcing services
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OUTSOURCING
How to Avoid the Most Pressing Outsourcing Issues, Permanently?

Businessmen have been separated into two opposite sections over the subject of outsourcing. The outsourcing industry has made a lot [...]

Business Outsourcing
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DIGITAL SERVICES
Significant Personal Branding Tips for Online Business Owners

Thinking about a good way to improve your brand recognition overnight? Well, brands like Geico, Nike, KFC, and many more [...]

outsourcing service provider
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OUTSOURCING
Things to Consider While Selecting an Outsourcing Service Provider

Businesses, small and big, are outsourcing processes to maintain efficiency and reduce operational costs. When the first few companies started [...]

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