5 Minute Bookkeeping

DECEMBER 19, 2023

Are you a bookkeeper looking for affordable and efficient tools to streamline your business operations? In today’s digital age, there are numerous free and low-cost apps available that can help you manage your bookkeeping business effectively. Let’s go over the best free and low cost apps for bookkeepers.

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xendoo

MARCH 18, 2021

A skilled accountant will keep you tax compliant and ensure that you’re always in-the-know and focused on the big picture when it comes to your financials. And cost can definitely feel like a huge barrier here – it can be hard for a small business to afford to hire an accountant. What does online accounting software do?

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xendoo

AUGUST 2, 2021

When you first started your company, it might have made sense to try to handle your own bookkeeping and accounting needs. Why not rely on an online accounting service to take these tasks off your plate so you can focus on your business? . Business Benefits of Online Bookkeeping. Forensic accounting.

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AccountingDepartment

APRIL 13, 2021

With the increasing demands on a business, there are a variety of options for accounting and bookkeeping services today. There are virtual accounting services and online accounting services. It's an option for hiring in-house employees. But, what is the difference between the two?

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xendoo

SEPTEMBER 10, 2021

Thankfully, a reliable bookkeeping solution is just a click away. What should you look for in an accounting or bookkeeping service? Today, we’ll highlight five of the best small business bookkeeping service solutions. Online Bookkeeping Service for Your Small Business. Catch-Up Bookkeeping Services.

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PYMNTS

AUGUST 17, 2020

In a push to bring in more small business accounts, TD Bank is launching a new online payment and accounting feature on its online platform for small businesses. The new TD Online Accounting features technology developed by Detroit-based Autobooks. 17) press release.

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xendoo

MARCH 17, 2022

It can be overwhelming for small business owners to choose from all the ecommerce bookkeeping services out there. Many small businesses trust Xendoo with their financials, but we understand that choosing the best bookkeeping and accounting solution is a big decision. . What Is Ecommerce Bookkeeping?

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IgniteSpot

OCTOBER 21, 2021

Source: Twitter Like in the Tweet above, the word good often precedes the word accountant. That’s because many business owners find out the hard way how good accounting help can make or break a company. We caught up with seven real-life small business owners who hired the cheapest accountant available to them.

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xendoo

JULY 12, 2021

Specifically, we’d like to talk about how your business can lean on an accountant to aid with the various elements of the recovery process. An online accounting service is always important. Whether times are good or bad, the work a reliable accountant does for a business is indispensable. Let’s take a closer look. .

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AccountingDepartment

FEBRUARY 14, 2022

So you're interested in hiring a virtual bookkeeping company, but you're not sure how much making the switch will cost. When considering virtual bookkeeping, there are actually two costs to consider: the virtual bookkeeper and the accounting software. Let's take a deeper look.

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xendoo

MARCH 18, 2021

It’s time to go beyond merely tracking the ins and outs of your books and to start focusing on accounting and the financial health of your growing business. Choosing an online accounting service for your small business is the best way to keep your books updated, in compliance, and thriving. But it is no small task!

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5 Minute Bookkeeping

JULY 10, 2023

Today, I’ll discuss the valuable resources provided by Intuit that are beneficial whether you’re new to bookkeeping or experienced. Keep reading or watch to learn more about the free QuickBooks ProAdvisor Certification: how I used it to grow my bookkeeping business. What is the ProAdvisor Certification? The training is absolutely free.

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xendoo

SEPTEMBER 28, 2021

But can you really afford the cost of modern bookkeeping services ? Today, we’ll take a closer look at common bookkeeping services rates, so you can find the best fit for the needs of your business. How Bookkeeping Services Rates Are Calculated. Bookkeeping costs usually reflect the amount of work involved. Tax filing.

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xendoo

DECEMBER 15, 2021

Whether they coach chess players or sell organic puppy food online, every small business owner shares a common driving force: a passion for growing their business. Consistent bookkeeping provides the financial insight needed to strategize for long-term success. Financial Accuracy Through Bank Account Reconciliation .

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xendoo

SEPTEMBER 1, 2021

Bookkeeping is Holding You Back. Of all the roles they play, our customers express that the bookkeeper role is their least favorite. . DIY bookkeeping holds business owners back from fully focusing on their business, which is why they decide to outsource it. Bookkeeping Takes Time Away from Your Business… and Your Life.

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xendoo

MARCH 21, 2022

Crunching numbers may not be your forte, but every online business needs a strong eCommerce accounting plan. This guide will cover this and more: Bookkeeping and accounting for eCommerce. Types of accounting software. How do you do eCommerce accounting? What does an eCommerce accountant do?

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xendoo

JULY 26, 2021

Bookkeeping is vital to the success of every business, but business owners rarely have the time (or desire) to manage it themselves. In order to save their time and sanity, many partner with an online bookkeeping and accounting team. Today, we will take a look at two popular options: Xendoo Online Bookkeeping and Bench.

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5 Minute Bookkeeping

OCTOBER 28, 2021

Many businesses are switching to virtual offices, which opens up new challenges and exciting opportunities for accountants and bookkeepers. Click on the video link below to watch: How to work virtually with bookkeeping clients. A monthly bookkeeping process. Accounts payable: Melio. Document management.

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5 Minute Bookkeeping

DECEMBER 23, 2021

Are you new to virtual bookkeeping? Maybe you’re not even officially a new bookkeeper yet, but you’re seriously thinking about it. If you are starting your journey into the virtual bookkeeping field (or you’re considering it), in this article we’ll go over how to get started as a virtual bookkeeper in 7 steps.

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xendoo

OCTOBER 20, 2021

Should you focus on growing your core business or continue to focus on the administrative side, like managing your accounting and bookkeeping needs? Outsource accounting services can help you stay up-to-date on your books, compliant with regulations, and firmly in control of your company’s financial future. Forensic accounting.

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CPA Practice

APRIL 29, 2024

During the Intuit Accountants “Better Together” event in New York City, the Intuit ProTax Group brought together tax professionals and industry thought leaders. Chris Picciurro, founder of Teaching Tax Flow , articulated the high cost of demanding accounting jobs. Struggling to recruit and retain high-quality employees.

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Snyder

DECEMBER 27, 2022

Freelance accounting is increasing in popularity. With the rise of online platforms like Upwork, Fiverr, and Remote.co, more and more people are working remotely to offer their services to businesses worldwide. Even if online accounting is something you’ve done for years, becoming a freelancer may seem tricky to begin with.

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Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

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AccountingDepartment

AUGUST 10, 2021

In not-so-recent history, outsourcing services such as bookkeeping or accounting was perceived as limited to just the basics—data entry, processing reports, and automated functions. With our eyes firmly on what can be done in 2021 and beyond, we’ve pulled together the top virtual accounting services you should expect in 2021.

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xendoo

DECEMBER 6, 2021

This statement provides insight into cash, inventory levels, Accounts Payable (money owed to others) and Receivable (money owed to the business owner), credit card and bank balances, and the equity in the company. Up-to-date bookkeeping allows for tax-readiness throughout the year. Outsource Your Bookkeeping .

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Snyder

FEBRUARY 13, 2023

Finance and accounting are the foundation of every business, whether it’s a small venture or a large corporation. In this article, we’ll review finance and accounting outsourcing (FAO), in particular its benefits for small and medium businesses. To automate your finance and accounting, sign up for a free trial or book a demo.

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Basis 365

JUNE 22, 2023

One area where this trend is particularly evident is in accounting. Cloud accounting has revolutionized how companies manage their financial processes, offering numerous benefits over traditional methods. Defining Cloud Accounting Cloud accounting refers to using online accounting software hosted on remote servers.

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xendoo

OCTOBER 25, 2021

As a business owner, accounting methods may not rank that high on your list of passions, but understanding cash basis accounting vs. accrual accounting can be vital to your company’s health. . Cash basis and accrual accounting represent the two major methods of accounting used by financial professionals.

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xendoo

JANUARY 31, 2022

The best accounting practice is to keep personal and business finances under separate accounts, in order to save time and avoid confusion while filing taxes. Below, we will discuss how online bookkeeping and accounting services can help your business remain tax compliant! . Tax Compliance Done for You .

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SchoolofBookkeeping

DECEMBER 8, 2022

Learn about the new innovations for accounting professionals announced by Intuit this morning. Intuit QuickBooks Unveils New Innovations that Support Accountants and Drive Business Success at QuickBooks Connect. ” New innovations highlighted at QuickBooks Connect include: QuickBooks Commerce Accounting.

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xendoo

FEBRUARY 23, 2022

Many franchisees rely on a traditional CPA to deliver their financials, but find that the accounting industry is falling behind in terms of technology and cannot provide the monthly reports in a timely manner. The solution lies in the digitization of traditional services, such as expert cloud-based bookkeeping and accounting.

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SchoolofBookkeeping

OCTOBER 26, 2022

The focus is to continue to foster its relationships with the accounting community for now and in the future. As our most trusted partners, we are focused on innovating for accounting professionals to support their small business clients, helping to achieve our shared goal of powering small businesses' success.

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Ryan Lazanis

JULY 21, 2022

In this post, I’ll be outlining strategies your firm can take today for how to get accounting clients and land new business in a rapidly changing world. Let’s take a deeper look at what these strategies are and how you can use them in finding accounting and bookkeeping clients. Note: This post was sponsored by Xero.

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Shay CPA

APRIL 26, 2023

When compared to traditional small businesses, early-stage technology startups have nuances that they need to consider when putting together their financial statements and chart of accounts. Laying the right foundation Having a good chart of accounts lays the foundation for a clean set of financial statements that are easy to understand.

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xendoo

MARCH 16, 2022

As you try to figure out which need to prioritize in your new venture, it is crucial that you first learn how to set up accounting for a new business. While it might seem mundane, good accounting is integral to the success of any business. We will take you through the essentials of setting up your accounting for a new business.

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SchoolofBookkeeping

NOVEMBER 4, 2021

At the seventh annual QuickBooks Connect, Intuit unveiled new innovations across the QuickBooks ecosystem to help accountants better serve their small business clients, grow their practices and scale their impact. Clients pay Intuit each month, while the accountant receives 30% of the billed price for the next 12 months.

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xendoo

MAY 6, 2021

But in your rush to pack, ship, and sell, there’s a good chance you haven’t made time to integrate accounting software with your eCommerce software. By downloading a third-party app plug-in, you are just a few clicks away from saving time and money by automatically sharing data between your accounting and eCommerce programs.

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