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Is it time to upgrade? Tips for changing accounting systems in 2025

Accounting Seed

Changing accounting systems can feel intimidating. Even if the legacy accounting system you currently use doesnt have the features, speed, or power you need, at least its familiar. Sometimes though, the benefits of switching to new software begins to outweigh the cost of learning a new system.

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Does My Accounting Software Meet DCAA Compliance?

Accounting Seed

You can make your life easier and guarantee smooth audits by using accounting software that helps government contractors meet DCAA compliance. Being DCAA compliant means the organization has systems and procedures in place to comply with the DCAA audit. The DCAA doesnt give accreditation or approval to these systems.

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Why Widely Supported Accounting Systems Are the Smarter Choice for Businesses

AccountingDepartment

Bench was known for its proprietary accounting system, which unfortunately became an obstacle for its clients during the transition. This event underscores an essential lesson for every business owner and entrepreneurchoosing the right accounting system can make or break your operations.

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Closing the Books: Key Steps in Year-End Accounting For SMEs

GrowthForceBlog

Key Takeaways Reconcile Transactions and Accounts: This step in the process can be tedious because you have to look through minute details while paying exceptional attention to detail. Automate Processes With Accounting Software: When dealing with manual processes and human-driven data entry, closing the books takes a lot more time.

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5 Signs It’s Time to Switch Accounting Software

Accounting Seed

Accounting is the backbone of your business, but if your team is still relying on outdated or inefficient software, youre likely feeling the pain. When your accounting system starts to slow you down instead of supporting growth, its time for a change. Outgrowing software isnt just about company sizeits about fit.

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Top 6 Benefits of Outsourcing Accounting Services for Your Business in 2025

Analytix Finance & Accounting

Let’s face it: managing accounting of your small-to-medium business in-house can be a challenge. But here’s the thing… Outsourcing your accounting isn’t just a convenience anymore — it’s becoming a competitive advantage in 2025. What is Outsourced Accounting? Tracking expenses.

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Real Estate Accounting Best Practices: Ensuring Tax Readiness and Financial Success

Withum

Appropriate accounting practices are crucial for real estate entities not only to manage daily operations, but also to ensure tax readiness and compliance. Selecting the Appropriate Accounting Method The choice between cash and accrual accounting methods can significantly impact financial reporting and tax filings.