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Xendoo vs. Bench: Comparing Online Bookkeeping Services for Small Business Owners

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The post Xendoo vs. Bench: Comparing Online Bookkeeping Services for Small Business Owners appeared first on Xendoo. Please consult your attorney, business advisor, or tax advisor with respect to matters referenced in our content.

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8 Benefits of Online Bookkeeping

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They might even consider hiring a full-scale accounting department, depending on the size of their company. But these days, more and more companies are going digital, opting to use online accounting and bookkeeping services to handle their needs. The days of hiring a one-size-fits-all accountant are over.

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Year-End Bookkeeping and Accounting Checklist for Small Business Owners

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Our online bookkeepers provide catch up bookkeeping services , so you can focus on the future. . Once January arrives, your accountant will request certain forms in order to close your books and file your small business taxes. If your books are behind a few months, or even years, you are not alone.

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How to Prepare Your Small Business for the New Year

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Online bookkeepers also provide catch up bookkeeping services to get previous years’ books in order. They also provide monthly financial statements, delivering financial visibility and the actionable insight needed for long-term business growth. .

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What happens if you get audited and don’t have receipts?

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Some examples of costs that you’ll need receipts for include: Office supplies and equipment Inventory purchases Advertising and professional services Company training and employee education Travel expenses Since this isn’t an exhaustive list, it’s best to track all your business receipts and update your records regularly.

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What happens if you get audited and don’t have receipts?

xendoo

Some examples of costs that you’ll need receipts for include: Office supplies and equipment Inventory purchases Advertising and professional services Company training and employee education Travel expenses Since this isn’t an exhaustive list, it’s best to track all your business receipts and update your records regularly.

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How Do I Pay Myself and My Taxes as a Partnership?

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We provide online accounting for partnerships , as well as online bookkeeping services so you can stay tax-ready all year long. Even with a significant tax advantage, taxes can still be stressful. Talk to a small business CPA at Xendoo. Xendoo is Here for You.

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