Time Tracking for Payroll and Time & Expenses for Invoicing
The demand for accounting services remains high, due to a mix of factors including a strong economy, a complex tax and regulatory environment, and globalization. This is great news for those in the industry, as the projected rate of employment for accountants and auditors is 10%, which is faster than average for all occupations. The key to standing out in … Read more “2019 Marketing Trends For Accounting Firms”
The biggest factor impacting the accounting and finance professionals in the years ahead is likely technology. 2018 saw an enormous rise in accounting and bookkeeping software, and the accounting trends are continuing. Statistics clearly reflect this shift. The global accounting software market will be worth around $11.8 billion by 2026. Subscribers continue to climb. Xero users grew by 24% over … Read more “Top 2019 Accounting Trends”
It used to be simple: businesses employed an accounting team to handle all of their accounting needs. Now, in the age of financial technology, it is more accurate, cost-effective, and simple to transfer data into accounting software that can do more than ever before. These leaps forward save a lot of time and money. But how can you be sure … Read more “Which Accounting Software Is Best For Your Business?”
Have you ever wondered what your small business can claim for expenses at tax time? Or maybe you are well-versed in tax deductible expenses, but are feeling unsure about what you can’t claim. Tax deductible expenses fall under the general umbrella of “ordinary, necessary, and reasonable” expenses that contribute to a company’s income. These expenses can be subtracted from a … Read more “Small Business Expenses: What Can and Can’t I Claim?”
On the surface, managing your company’s payroll seems relatively straightforward. You collect and report hours worked and calculated wages owed, then send out paychecks and update your records. Butissues can arise that may have financially devastating consequences. The demand for meticulous, accurate tracking, calculations, and reporting means that even a tiny error could cause unforeseen expenses. And if your business … Read more “Top Challenges of Payroll Processing and What to Do About Them”
As a business owner, free time is hard to come by. Instead, there seems to be an endless stream of deadlines to hit, and a sense that there is never enough time for everything that needs to be accomplished in a day. What are some of the ways in which you can better manage your time, freeing up more to … Read more “Time Saving Tips for Business Owners”
