Cogneesol Blog
Remote Accounting Services – An Engine for Profitability and Growth
Businesses of all sizes are increasingly recognizing the benefits of remote work arrangements and digital accounting solutions. Small firms are [...]
The Impact of AI on Accounting Practices in 2024
“Accounting has evolved from simple record keeping to sophisticated systems of checks and balances. Key developments, according to BSC and [...]
Outsourcing Accounting Services: A Comprehensive Guide
Outsourced accounting services has grown to be one of the most strategic practices of businesses in the current world. The [...]
Step-up your Digital Vigilance: Cybersecurity Strategies for Accounting in 2024
The rapid strides of technology and their integration in business functions have become indispensable for the smooth and efficient running [...]
Overcoming Challenges in Real Estate Accounting Outsourcing
Real estate accounting outsourcing is the practice of engaging external accounting firms or professionals. They handle the financial and accounting [...]
How is Technology in Accounting Transforms the Industry
Technology in Accounting is also referred to as FinTech. According to the CFA Institute, Fintech, or financial technology, refers to [...]
Simplify Your Taxes: Expert Advice on Choosing Outsourced Tax Preparation
Handling tax preparation and filing can be a daunting task. It involves meticulous account management, complex calculations, investment assessments, and [...]
How Virtual Accounting Solutions Help You Grow Your Business
Efficient accounting is the core of a sustainable business that instills financial confidence and brings success. With balanced books, you can [...]
The Essential Guide to Outsourcing for CPA Firms [Infographic]
Accounting outsourcing is a viable strategy for CPAs and accounting firms. Especially when the tax season approaches, you may encounter [...]
Debunking Common Misconceptions About Accounting Outsourcing Services
According to the latest research report, Business Process Outsourcing - Purpose, Market, and Future Scope dated September 2023, accounting is [...]
How Retail Businesses Can Make Accounting Smooth? Experts’ Suggestions!
If you're running a retail store, ensuring an accurate account of your existing inventory may be a challenge. Many retailers [...]
Why a Good Bookkeeper is Your Answer for Legal and Tax Compliance
"Compliance with financial regulations is not an option; it is an imperative that safeguards the interests of all stakeholders and [...]
Evolving Role of CPAs: From Accountants to Strategic Advisors
Certified Public Accountants (CPAs) have traditionally provided specialized finance and accounting services to businesses across bookkeeping, period closure, financial statement [...]
How to Strengthen Accounting for Manufacturing Businesses
Manufacturing organizations engage in the production of tangible goods using dedicated facilities, specified processes, and skilled workforces. It involves the [...]
Accounts Payable Digital Transformation – An Imperative
In present times, innovation = digital transformation. It involves adopting and implementing digital technologies, tools, and strategies to transform business [...]
Cash Flow with Effective Accounts Receivable Management
Entrepreneurs often consider profit and loss accounts to increase profit margins. Hence, they prioritize profit or accounts receivable and hold [...]
Accounting Services for Law Firms – A Basic Necessity
Law firms have several unique accounting needs due to the nature of their business and the specific regulatory requirements they [...]
When Should CPAs Consider Outsourced Accounting Services?
The world of Certified Public Accountants (CPAs) is multi-faceted. Working in public accounting firms, government agencies, corporations, or as independent [...]
Avoid Bookkeeping Backlogs – Best Practices for Up-to-date Accounting
One of the biggest tenets of good accounting is clearing bookkeeping backlogs efficiently. Timely recording of accounting entries is crucial [...]
Real Estate Accounting Hurdles: Top Challenges and Solutions [Infographic]
Real estate accounting has come a long way, from simply recording transactions to providing critical insights for informed decision-making. However, [...]
Common Mistakes to Avoid While Working With Virtual Accounting Assistants
A virtual accounting assistant is a person who provides accounting and bookkeeping services remotely. They leverage technology such as email, [...]
Ways Accounting Firms Can Retain Clients Successfully
Good customer relationship is basic to a business Customer relationship is a function of value delivered vis-à-vis investments made. It [...]
Why Retail Businesses Fail: Tips to Survive and Thrive
World over, the retail industry is in a state of flux. Hyper e-commerce activity triggered by the COVID-19 pandemic along [...]
Common Mistakes Tax Preparers Make and How to Avoid Them
Tax season is stressful for many individuals and businesses, and finding a qualified tax preparer can make the process smoother. [...]
How can Accountant help a Restaurant with Financial Success?
The restaurant business has always been the fastest-growing, provided they do it right. Operating a restaurant is no easy job, [...]
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 owed [...]
Why CPAs Need Tax Preparation Services During Tax Season?
The tax season is about to kick off, and CPA firms will soon start running in all directions. The ultimate [...]
How can you Leverage the Benefits of Outsourcing Accounts Payable for Businesses?
The business world is becoming more competitive with each passing day. To become a preferred business in your domain, you [...]
Virtual Bookkeeping: Everything You Need to Know [Infographic]
Maintaining your accounting records is always one of the most critical tasks for businesses. So, hiring virtual bookkeeping services is [...]
A Comprehensive Guide to Setting Realistic Revenue Goals for CPA Firms
Setting realistic business goals is crucial for every business, including CPA firms. A CPA firm’s goals can be anything from [...]
Boosting the Accounting Function: A Guide for Restaurant Owners
The food industry is changing. Restaurant owners are passionate about food and wish to share their love for food with [...]
Top Tax Planning Strategies to Follow
Tax planning is crucial to overall business planning and must be handled with due care. Experts suggest that the more [...]
6 Tips to Avoid Burnout During This Tax Season
Tax season is undoubtedly the busiest time of the year for numerous CPAs and accounting experts across the globe. It [...]
10 Money-Wasting Business Accounting Mistakes You Must Avoid
While companies always aim for higher sales and profits, there is sometimes a possibility of loss due to different reasons. [...]
Real Estate Accounting – Common Mistakes to Avoid
Finance management in a real estate business is one of the most crucial but challenging processes. The process typically requires [...]
Want to Add Value to Your CPA Firm? Accounting Outsourcing Can Help!
Over the last few years, the finance and accounting sector has been through a series of drastic changes, for example, [...]
8 Best Law Firm Bookkeeping & Accounting Practices
Attorneys spend several years practicing law after completing years of formal education and training. You might have also done the [...]
How to Prepare a Chart of Accounts for Your Restaurant?
A chart of accounts is one of the best tools to record financial information itemized among categories. It influences other [...]
Accounting Outsourcing: How is it ideal for CPA Firms? [Infographic]
CPA outsourcing services have become more prominent in the global finance and accounting industry. Undoubtedly, CPA firms are a reliable [...]
Cash Accounting or Accrual Accounting: What’s Best for Your Business?
As a business owner, you would already know the importance of accurate finance and accounting method for better finance management. [...]
Poor Bookkeeping Impacts Your Business; Know How to Improve
Bookkeeping is one of the most fundamental aspects of any business’s financial side. It provides information on areas that generate [...]
Why CPA Firms Should Outsource Tax Preparation – 6 Strategic Reasons
The tax season is fast approaching; as a result, CPAs and CPA firms are becoming busier than usual due to [...]
Don’t Get Overwhelmed: Outsource Tax Preparation Services This Tax Season
As the world is moving into a new year, businesses and accountants are busy collecting and organizing financials for tax [...]
Outsource Tax Preparation and Reduce Your CPA Firm’s Costs
Every business, regardless of the industry, needs to deal with complicated finance-related functions. Given the complexity involved, many firms outsource [...]
Accounts Payable Fraud and Prevention [Infographic]
Accounts payable (AP) is one of the most tedious and labor-intensive accounting processes. Around 71% of companies claim that manual [...]
CPA Tax Preparation: Make Your Tax Season Effortless with Outsourcing
Running a CPA firm is a huge responsibility in itself that owners manage tremendously. However, as a CPA firm owner, [...]
Salesforce NetSuite Integration Methods & Associated Advantages
Salesforce and NetSuite are the popular choices across business sectors globally. Salesforce is best for sales teams for sales closing [...]
Best Remote Work Security Practices for Accounting Firms
In the past couple of years, most accounting firms have rushed to adopt alternate work arrangements to support continuity and [...]
Is Your CPA Firm Losing Clients? Here are 10 Often Ignored Aspects!
If asked for the major reasons why a CPA firm loses a client, we are sure that you are already [...]
QuickBooks vs FreshBooks: Best Accounting Software for Businesses
In the new business era, most organizations are looking for advanced accounting software to streamline business accounting and finance management [...]
Business Account Reconciliation: Major Challenges and Their Solutions
Account reconciliation can have a significant influence when understanding the monetary wellbeing of your business. This makes it a vital [...]
Are Virtual Bookkeeping Services Meant For Your Business?
The ongoing pandemic has led to revolutionary changes in bookkeeping firms because businesses are shifting from traditional methods to virtual [...]
How to Gain Data Analytics Capabilities in Finance & Accounting?
Table of Contents Introduction Scope of Data Analytics in Accounting How to Make Efficient Use of RPA and Prevent Potential [...]
How Monthly Cleanup of Books Can Uplift Your Business
Business owners make numerous transactions in a day which also means innumerable entries in the books. This significantly increases the [...]
How to Cope up with Business Finances Effectively
With the first quarter of the financial year 2021-22 already passed, small business owners are looking forward to financial upliftment. [...]
Choose External Business Accounting Services – Why & How?
Today's business owners are encountering greater expectations regarding financial transparency and compliance concerning changing government policies. In addition, businesses have [...]
Role of Tech in Accounting: Unlock Long-Term Growth in 2021
Technology in accounting is not the same as before. It will continue to change. In fact, at challenging times, technology [...]
8 Tax-Saving Strategies Suggested by Experts for SMBs
Running a small business has an expense of its own. For an entrepreneur, every dime counts! For a small business [...]
The Ultimate To-Do List for Bookkeepers – Experts’ Opinions
Businesses of all sizes execute various processes. From which financial management plays a key role, helping owners to make informed [...]
Keys to Business Success: Hiring the Right People for Finance Management
To run a business successfully, it is critically important to have the right people work for you. Whether your employees [...]
Major Cash Flow Killers that Can Crush Real Estate Companies
When you plan to run your real estate business smoothly, you need to comprehend two main factors – income and [...]
Debate: Will Automation Replace Accountants?
Will AI replace accountants? One of the trending questions hitting the mind of accountants. No doubt, automation is the way [...]
Is Your CPA Firm Ready for the Busy Tax Season? [Infographic]
Busy tax season is here again, and CPAs worldwide are now on their toes, busy preparing their clients' tax files. [...]
How Today’s Accounting Numbers Help You Make Better Business Decisions
Financial insights into the previous year’s cash flow are essential for business owners to create an accurate accounting for decision [...]
Small Business Accounting: How to Close Your Books at the End of the Year?
2020 has been a troublesome year for almost all types of businesses. Moreover, the year-end accounting processes add to the [...]
Things Tax Professionals Actually Do to Recharge after Busy Tax Season
All businesses are required to file taxes for which they either hire tax preparation companies or have an in-house team of tax [...]
Tips That Help Ease the Rush of Next Busy Tax Season
Regardless of your experience as an accountant, you might never say tax season is an easy time. It is always [...]
Ways to Cut Your Day-to-Day Business Expenses
Running a business is not always about boosting revenue, but about lowering expenditure too. Business owners often work as a [...]
Navigate Change with These 10 Steps to Achieving Best Accounting Practices
Running a business is not limited to selling products or services and gaining revenue. It has become way more than [...]
How Can Businesses Manage Accounts Receivable amid a Crisis?
Businesses worldwide have learned a lot in the past few months. While stepping forward, companies adapt to the new normal [...]
How can CPAs Overcome Busy Tax Season Challenges – Experts’ Opinion!
Tax season is challenging for CPAs as it brings a lot of work pressure. To achieve profitable growth and ensure [...]
Best Practices for Retailers to Maintain Steady Cash Flow during COVID-19 Crisis
As most countries have come under a partial lockdown situation where consumers avoid human contact (with most people not coming [...]
Filing Taxes? Watch Out for these Common Mistakes!
The biggest testing time for businesses around the world is the time when they start preparing and filing taxes. Staying [...]
The Role of an In-House and Outsourcing Accountant in the Present Scenario!
Every business operates differently, but there are several functions that run identically in all the businesses, with accounting being the [...]
Practice Management in a Future-Ready Accounting Firm!
In accounting firm practice management, staying attuned to new trends isn't merely an option. It has become a necessity to [...]
Why should Accounting Firms Leverage RPA during a Pandemic?
The entire world is facing an economic crisis. To maintain the trust of investors and stakeholders, every company is relying [...]
For How Long One Should Keep Business Tax Records & Receipts? [Infographic]
Every company has to manage a plethora of tasks on a daily, weekly, monthly, and yearly basis. This includes dealing [...]
How should Retailers get Prepared against COVID-19 in 2020?
The COVID-19 outbreak has brought the human life to a halt. It disrupted the worldwide economy, and challenged us like [...]
Coronavirus: Is Your Accounting Firm Prepared for a Pandemic?
Coronavirus has probably become the biggest threat to mankind in the last 100 years and so. It has not only [...]
Strategies to Keep Your Business on the Right Track: 7 Key Tactics
Business expansion often leads to operations getting more complicated; everyday tasks become more challenging to manage and consume more of [...]
Top Bookkeeping Issues Businesses Face and their Solutions!
Irrespective of the business size, accounting holds immense importance in every business. It is imperative to take care of the [...]
How Can Owners Delegate Their Business Finances?
Being a business owner, you have many jobs to do as with each passing day, and your business always demands [...]
The Key Laws All Real Estate Investors Need to Know!
Investing in individual properties takes a lot more work than opening a Fidelity account to trade stocks. Unlike the stock [...]
How can Dentists Cope with COVID-19 During and Post-Pandemic Period?
Covid-19 has impacted every business practice across the world, and the dental practice is no exception. What makes the dental [...]
How to Manage Payroll? Tips for Small Businesses
Payroll processing is one of the most monotonous and time-consuming aspects of every business. You have to compute employees' wages [...]
Accountants’ Role in Insurance Financial Reporting amid the COVID-19 Outbreak!
Coronavirus pandemic has caused a lot of disruptions in the business finances and processes across the world. The traditional business [...]
Global Impact of COVID-19 Outbreak on Businesses Across Industries
The COVID-19 impact on business is evident across various sectors. However, hospitality, retail, and personal services, with smaller organizations face [...]
Public Relations Strategies For Realtors Which Help Them To Boost Their Business
Public relations campaigns are a broad mixture of advertising & marketing, event planning, media relations, social media reputation, etc. mainly [...]
Defining the Role of Bookkeeper in Your Business!
We all know the significance of bookkeepers for a business. They manage daily transactions occurring in a company and maintain [...]
Here’s How You can Avoid a Restaurant Bankruptcy!
Every business wishes to generate maximum profits, and the restaurant business is no different. However, in the case of restaurants, [...]
The Role of an Accounting Back-Office Partner during COVID-19 Outbreak!
The world economy and health have been disrupted significantly ever since the COVID-19 outbreak started. The personal and professional lives [...]
Cloud Accounting Software Forecast for 2020-2025! [Infographic]
In today's evolving business landscape, technology has emerged as the driving force behind the transformation worldwide. Almost every industry harnesses [...]
How can E-commerce Businesses handle Rising Customer Demand amid COVID-19?
-Novel Coronavirus (COVID-19) has affected various sectors and industries severely. According to experts, its initial impact on e-commerce has created [...]
How Outsourcing Bookkeeping is the Best Algorithm for Scalability?
Businesses around the world have the sole aim of generating profits, and this is only possible when they devise strategies [...]
How can eCommerce Businesses Thrive during the COVID-19 Outbreak?
COVID-19 impact on E-commerce has been hard to digest and cope with, affecting the economy at large. With lockdowns mandated [...]
A Step-By-Step Guide to Ensure Payroll Compliance!
A business can succeed and sustain itself in the market only with the hard work and support of its employees. [...]
How FinTech is Enhancing Growth in Healthcare Industry
Digitalization has transformed the way industries operate. Be it banking, marketing, retail, or manufacturing, these have always been the early [...]
Business Continuity: What you can do to Manage Market Uncertainties
The rapidly spreading COVID-19 is badly affecting human life and the economic condition of countries across the world. As citizens [...]
Innovative Ways You Can Use Virtual Reality in the Real Estate Business
Virtual reality, commonly known as VR, is a technology that offers both practical and commercial applications. VRs have been used [...]
How are Outsourcing Accounting Services Helpful during the Coronavirus Outbreak?
h Coronavirus has left multiple businesses handicapped concerning the closing down of its physical operations, shortage of staff and equipment, [...]
The Next Generation of Manufacturers: What Would It Look Like?
Many people have been having this misconception that the jobs in the manufacturing industry are dirty, dangerous, labor-intensive, and low-paying. [...]
Impact of Coronavirus on the Insurance Companies!
The entire world has been affected by coronavirus. COVID-19 has not only made the health suffer of individuals worldwide but [...]
The Role of Technology: Strengthening Relationships between Accounting Firms & Clients- Part 2
We discussed in part 1 that how the role of technology in accounting is refining and redefining the relationships between [...]
The Role of Technology: Strengthening Relationships between Accounting Firms & Clients – Part 1
2020 is the modern age of digitization, and today, almost every industry has leveraged technology to streamline its internal and [...]
What Essentialities are Missing on Your Balance Sheet?
Every business competes hard in the industry to emerge as a winner amongst its competitors. For making this dream a [...]
Accounting Departments and Firms Reveal What They Look Forward to!
Every year, new innovations and technologies enter the market and refine and redefine the accounting processes. This is imperative also [...]
How to Handle Unpaid Invoices and Preserve Cash Flow?
Handling unpaid invoices is crucial for maintaining a healthy cash flow within any business. When faced with overdue payments, several [...]
Why Outsourcing is a Growth Engine for Accounting Firms?
Most CPA firms usually face one common challenge: ensuring their financials are managed in the same manner as their clients’. [...]
Dental Accounting Tips – Making Sense of Numbers
You have ventured into dentistry because you were enthusiastic about helping people look great and get healthy. Nevertheless, if you [...]
A Comprehensive Guide to RPA Implementation in Financial Reporting
Table of Contents Introduction RPA in Finance & Accounting The Role of RPA in Financial Reporting How to Make Efficient [...]
Different Ways Machine Learning is Leading to Smarter Manufacturing
In the current time, machine learning has become a vital part of the manufacturing industry, helping to reduce costs and [...]
In house vs. Outsourced Accounting: The War Continues in 2020
When a business grows, its financial requirements grow concurrently. As a result, owners (who usually don’t have accounting know-how) undergo [...]
Top 10 Tax Software with Comparisons to let You Choose the Best One!
As per the National Society of Accountants, the average cost in 2020 for a tax preparer to file a Form [...]
Why Spreadsheets aren’t the Best Fixed Assets Management Tool?
Fixed asset management form one of the most secure and primary assets of any business. It holds immense importance in [...]
Update Your Fintech Knowledge For 2020 With These Trends
Financial Technology (FinTech)- For most people, this was a new term. However, today, almost every person who is using a [...]
Drake: A Complete Professional Tax Preparation Software
Dealing with taxes is a complex task. The tax season brings an immense burden on businesses and working professionals to [...]
What is Growth Hacking and How to Do it for Your Accounting Firm?
Accounting firm growth strategy nowadays has been considered as a vital aspect of internet marketing for almost every business that [...]
Digital Payments Taking Over the Cash Completely?
This is 2020! An age which is best described as the age of digitization and modernization. Today, almost everything has [...]
5 Essentials for Transforming Your Accounting Firm into a Success!
Every accounting firm wishes to succeed in the industry. This is the reason they leave no stone unturned when it [...]
Top Excuses Taxpayers Made for Missing UK Tax Deadline
As the annual tax deadline looms over the United Kingdom, taxpayers often find themselves in a race against time to [...]
Having Questions about Cloud Accounting Solutions? Get the Answers Here
Being an accountant/bookkeeper or owner of an accounting firm, you might already be aware of various technologies or software most [...]
9 Sureshot Strategies for CPA Firms to Get More Clients in This Tax Season!
In 2019, January 23 was the starting date of filing the taxes, with April 18 being the deadline. This clearly [...]
How does Accounts Receivable Management Strategy help Optimize the Working Capital?
Irrespective of the business type, it is imperative to have an efficient accounts receivable strategy in place for healthy cash [...]
Chart of Accounts in Xero – 5 Things You Should Know
A chart of accounts (COA) is one of the components for financial organization, providing a complete and section-wise organized listing [...]
Client Accounting Services – The Future of CPA Firms [INFOGRAPHIC]
In recent years, the accounting industry has undergone technological advancements and introduced the concept of CAS (Client Accounting Services), which [...]
6 Signs Showing Your Business Accounting Software is Outdated
Many businesses have been implementing legacy accounting methodologies, and the same has been serving them well for many years. However, [...]
Why You Shouldn’t Do Your Own Business Taxes in 2020?
Tackling your taxes once you've become a small business owner becomes challenging. The IRS estimates that it will take the [...]
Accounting Leaders Reveal Industry Challenges of 2020
Every business faces multiple challenges that vary from industry to industry. If we talk about the accounting industry, it too [...]
Experts Revealing the Insurance Accounting Issues and Solutions
Accounting for insurance companies can be a challenging task as it involves heaps of figures and calculations. Hence, adequate diligence [...]
Proven Strategies for CPA Firms to Keep Their Clients Satisfied!
CPA firms providing accounting services must deal with their clients with utmost care. The simple reason being is clients can [...]
When is the Right Time to Hire an Accountant? [Infographic]
Running a business involves juggling numerous responsibilities. However, among all, accounting stands out as a critical pillar supporting your company's [...]
Top 11 Bookkeeping Software Suggested By Professional Bookkeepers
Every business, whether new or old, has a bookkeeping system in place which is supported by software programs that make [...]
Expert Strategies to Reverse a Law Firm’s Cash Flow Slump
Law firm's cashflow is the backbone. It is imperative to have a positive cash flow in order to strive for [...]
Outsourcing Accounting for CPA Firms – A Better Way to Manage Your Accounts!
At present, the accounting industry is highly competitive, way more than it ever was. To stay one step ahead, CPA [...]
5 Real Estate Accounting Software to Stay on Top of Your Finances!
Accounting forms the backbone of every business. The way businesses manage accounting processes impacts overall business growth. Realtors have multiple [...]
Expert Reviews for Using Accounting and Tax Software!
As your business grows, you’ll have more decisions to make concerning your accounting. With advancements in technology, businesses are moving [...]
What all Must be Included in the Balance Sheet of a Manufacturing Company?
What is a Balance Sheet? The balance sheet of manufacturing company comprises the number of assets it owns, along with [...]
Position of Bookkeeping Services Providers in 2019 – Infographic
Bookkeeping services providers play a pivotal role in maintaining the financial integrity of businesses, irrespective of industry type. Every business [...]
Roundup: What Problems do Doctors & Dentists Face When They Manage Accounting & Finance?
Undoubtedly, the healthcare industry is quite different from other businesses. It is not only unique in terms of services but [...]
Roundup: Smart Tips to Streamline the Bank Account Reconciliation Process by Experts!
Bank account reconciliation is a process of comparing bank statements with the cash book which businesses maintain internally. This process [...]
What Preparations Must You do Before the Next Tax Season Starts?
Businesses around the world follow a very hectic work schedule and have a plethora of management tasks to handle throughout [...]
An Insight into Key Performance Indicators (KPI) for Finance and Accounting Professionals!
Table of Contents Understanding KPIs for Finance and Accounting Department Types of KPIs: Financial vs. Non-Financial Indicators What are the [...]
How Actionable Numbers & Productive Employees Lead to Profitability?
Occupational studies around the world have established the fact that a strong connection exists between profitability plan and productivity in [...]
Factors Revealing the Future of Accounting Firms! – Infographic
With an imminent rise in technology, everything has been evolved, and businesses are not excluded from this phenomenon. However, do [...]
Impact of Technology on Finance, Accounting, and Taxes! [Infographic]
Technological advances in accounting have revolutionized the finance industry, reshaping the way businesses manage their finances, report earnings, and handle [...]
How to Manage Balance Sheets for the Manufacturing Industry?
The manufacturing sector is one of the major industries of the world. Small to medium to large-sized manufacturing units are [...]
How to Make an Accounting Software Resourceful to your Restaurant Business?
Running a restaurant business is all about hard work. With good interior designs, mouthwatering food, well-trained, and friendly staff, it [...]
Roundups: What Services CPA Firms Usually Outsource and Why?
It requires a lot of effort to manage and build a robust internal accounting team, which is capable of implementing [...]
Why and How to Migrate from QuickBooks Desktop to QuickBooks Online?
Accounting is a challenging undertaking for businesses, however, you can't overlook. To eliminate the hassle of managing books, it is [...]
Why is Financial Benchmarking Crucial for your Business?
Table of Contents What is financial benchmarking? Importance of Benchmarking in Finance Financial Benchmarking Process Bottom Line Are you aware [...]
Small Business Accounting Forecast for 2019 – Infographic
Recognizing the significance of accounting is a universal understanding among businesses, regardless of their size. However, not every firm opts [...]
Business Pitfalls to Avoid as a New Year Resolution for 2019
A couple of days have passed since we entered into the New Year 2019. You might have made resolutions like [...]
What Security Measures CPA Firms Should Take Against Cyber-Attacks?
CPA firms and other businesses are happy with the emergence of cloud-based software. The reason is it offers immense opportunities [...]
Ultimate Checklist of Bookkeeping Tasks for Small Businesses – Infographic
Managing your small business finances is no easy task. Navigating the complexities is crucial to understanding all the ins and [...]
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 [...]
Best Startup Accounting Practices for Good Financial Growth From the Experts
Being a startup accounting firm, keeping track of your finances is highly essential to stay competitive in the agile market. [...]
The Challenges Today’s CPA Firms Face and How to Overcome Them?
CPA firms are going through a tremendous shift these days. Numerous reports have stated the drastic changes that the accounting [...]
Top 8 Budgeting Tips for Surviving Highs and Lows of Your Business
Budgeting does not have to be a burden all the time. Although we do not recommend it, a lot of [...]
A Quick Overview of Real Estate Business Accounting Outsourcing! – Infographic
In the information technology age, outsourcing services have become common in developed countries like the US, UK, Canada, and Australia. [...]
Statistics to Drive Small Business Growth [Infographic]
Small businesses face numerous challenges at the initial stage. And according to the researchers, about two-thirds of small businesses survive [...]
Four Managerial Accounting Principles Every Business Must Comply With
Efficient principles of managerial accounting can significantly help in improving the overall decision-making process within companies by providing them long-term [...]
Accounting Challenges Faced by Retail Businesses & Ways to Avoid Them – Infographic
Accounting for retail business is one of the crucial aspects that hinder processes. Navigating the financial intricacies of retail operations [...]
2018 Payables – A Detailed Insider Report – Infographic
A Detailed Insider Report delves into the intricate landscape of financial transactions and obligations within organizations during the year 2018. [...]
5 Must-Have Accounting Features in Manufacturing ERP
Why do manufacturing businesses adopt ERP (Enterprise Resource Planning) systems? To keep track of their supply chain or inventory or [...]
How to Expand your Business in the USA? Legal Compliances and Financial Requirements
The USA, known as a land of opportunities, has always attracted businesses from all over the globe, aiming to Expand [...]
Accounting Has Evolved Over the Years – Find Out How!
The accounting profession has changed tremendously over the years. From paper and pen to Excel sheets, the evolution has been [...]
The Ultimate Checklist for Small Businesses: Financial and Legal Requirements
Starting a small business is both thrilling and challenging. After researching and planning a roadmap, finding a reliable funding source [...]
5 Fallacies and Misapprehensions of the Latest Tax Reforms and Legislation
For most Americans, the process of income tax is over, done and dusted with returns having being filed already. However, [...]
Effective Tax Planning Tips for Businesses and Individuals for the Remaining Year 2018
So, US citizens have concluded yet another tax return filing season. How the last thing they want to have on [...]
Outsourced Accounting: A Boon For Small Businesses
Outsourced accounting for small businesses is a prevalent practice in today's business landscape, driven by several compelling factors. Small businesses [...]
Why Is It Important To Conduct Financial Due Diligence?
Any merger and acquisition are happens after a lot of thought and planning. That's where financial due diligence comes into [...]
3 Commonly Used Platforms for Creating Invoices
Every business create invoices using accounting software like QuickBooks, Quicken, or NetSuite. They may also use word processing systems like [...]
4 Accounting Tasks That Must be Done on a Weekly Basis
Correct and up-to-date financial and bookkeeping records are a must for all businesses, whether large or SMBs. Tis is one [...]
4 Secrets to Success in the Restaurant Business
A lot of people dream of having their own restaurant. A place that make your customers feel good and where [...]
How Can Technology Modernize Accounts Reconciliation?
In the dynamic realm of finance and accounting, where precision is paramount, technology emerges as a formidable ally. It is [...]
Comparison of Top 5 Restaurant Accounting Software – Infographic
For restaurants, accounting is an overwhelming task as they have to put their energies into perfecting food and services. Accounting [...]
The Global Insurance Industry Trends Analysis 2018
It's impossible to discuss the global state of insurance industry trends or its upcoming growth. But why? It is highly [...]
How to Manage Your Restaurant Customers During the Holiday Rush?
Fulfilling customer demands is truly essential for restaurant businesses – however, it’s not necessarily an easy task to fulfill them [...]
Virtual Accounting – What Every Business Entrepreneur Needs To Know! [Infographic]
In today's fast-paced business landscape, entrepreneurs face a multitude of challenges. Managing daily operations, expanding market reach, and staying ahead [...]
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 of the [...]
5 Signs: You Need to Upgrade Your Restaurant’s Accounting Software
Managing restaurant accounting using Excel, paper books, and filing drawers jam-packed with documents can create havoc. Possibly they even manage [...]
Common Issues Faced By Realtors While Managing Their Accounts
Before coming to the common issues when it comes to accounting for realtors, let's clear the functioning of Realtors. The [...]
Growth of Accounting Industry in USA – Infographic
The accounting industry in the USA has experienced remarkable growth in recent years. It reshapes the landscape of year-end progress, [...]
How to Schedule Your Bookkeeping Tasks for Best Results?
Being a business owner, there are a lot of things you need to consider which will keep you occupied in [...]
How Much Does it Cost to Hire a Virtual Accountant for Real Estate Business?
Want to hire a virtual accountant for your real estate business but not sure if you have the budget? It [...]
Accounting for Insurance Businesses– Can DIY Approach Work?
If you run an insurance business and are following a DIY approach for your accounting, then you may not be [...]
Tips for Seasonal Businesses to Manage Their Bookkeeping Effectively
Businesses often experience distinct busy and slow seasons, with some facing heightened activity during year-end holidays and others thriving during [...]
5 Stages Businesses Go Through Before Realizing They Need Accounting Help
Embarking on the entrepreneurial journey is an exhilarating experience filled with dreams of success and growth. However, as businesses evolve, [...]
What to do if You‘re Not Prepared to File Your Taxes by the Due Date?
As the tax season rolls around, the pressure to meet the filing deadline can be overwhelming. Life is unpredictable, and [...]
Future of Accountants – Can Accounting Software Replace Them?
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