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Accounting software specialist bright launches brighttax, a new cloud-based tax and compliance product

Accounting Insight

Accounting software specialist, Bright, has launched its new cloud tax and compliance product at Accountex 2023. The launch of BrightTax offers a new answer to the desire from the accounting industry to adopt cloud-based software which combines secure and essential tools with an enjoyable user experience.

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Best Online Bookkeeping Software for Small Business

xendoo

Bookkeepers handle a wide range of duties, including recording financial transactions, maintaining accurate records, and balancing the books of a business. Bookkeepers can manage accounts receivable and accounts payable for small businesses – they can create and send invoices, accept payments, and so much more.

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Should accountants or bookkeepers advise clients on which (if any) accounting software to use?

Accounting Insight

Choosing the right accounting software – is it the choice of the accountant or the business owner? On a weekly basis we speak with hundreds of UK-based accountants and bookkeepers. Choosing the right accounting software – is it the choice of the accountant or the business owner? Nomisma does!).

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How to Keep Track of Business Expenses: Setting Up a System to Save Time at Tax Season

inDinero Tax Tips

Separate Business and Personal Bank Accounts If you take just one thing away from this article, let it be this: The only way to track expenses efficiently is with business bank accounts and credit cards that are completely separate from those you use for personal purchases. Kick things off on the right track and separate your accounts.

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Getting Paid 101: Accounts Payable and Accounts Receivable

xendoo

If you’re managing a business—and your books—you’ve probably had to learn what is accounts payable vs. accounts receivable. . Accounts payable and accounts receivable are two different sides of the same coin. Without a deep understanding of your accounts payable and receivable, you could face costly setbacks.

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Xendoo vs. QuickBooks: The Difference

xendoo

As more small businesses crop up throughout the country, many business owners are starting to realize that a significant task in managing a company, big or small, is bookkeeping. . From choosing an accounting method to managing transactions to setting up payroll, bookkeeping can be an extremely confusing and time-consuming process!

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Accounts Receivable (AR) Automation: The Solution To The Collection Problem

Accounting Seed

You’re constantly entering sales figures in accounts receivable (AR), invoicing customers, remembering whether they’ve paid, contacting them if they haven’t, and adjusting AR when they settle up. That can add up to a lot of time spent bookkeeping, but it has to be done. One solution is accounts receivable automation.

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