Xero

NOVEMBER 23, 2022

In my role as GM of Xero Go, I speak with sole traders, accountants and bookkeepers and have learned so much about the ups and downs of running a business solo. I’m always so inspired by anyone who takes the brave step to start their own business. However, achieving this insight can be onerous and time consuming.

accounting and finance 71

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LyfeAccounting

OCTOBER 18, 2020

Today, I’m going to give you 15 reasons why bookkeeping is important. There are a ton of things that are important to businesses owners like: sales. But if I was you, I’d place bookkeeping at the top of my important list as it affects literally everything I just mentioned, which you’ll see why and how by end of this post.

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Xero

OCTOBER 5, 2022

To understand the key role accountants and bookkeepers can play in a small businesses finance journey, I recently hosted a panel with three experts, Simon Creighton , co-founder & director of Waddle , from Xero, Andrew Mattner , director of Altitude Advisory , and Jacinta Nielsen , financial advisory partner at Deloitte at Xerocon Sydney. .

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Basis 365

FEBRUARY 20, 2023

As a business owner, it's crucial to have an accurate and up-to-date balance sheet. It's one of the most important financial documents to help you make informed decisions, plan for the future, and secure financing. What is a Balance Sheet? It shows your assets, liabilities, and equity and their relationship.

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Basis 365

MARCH 23, 2023

As a business owner, it's crucial to have an accurate and up-to-date balance sheet. It's one of the most important financial documents to help you make informed decisions, plan for the future, and secure financing. What is a Balance Sheet? It shows your assets, liabilities, and equity and their relationship.

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Mark Lee

MARCH 5, 2024

Non-accountants may see bookkeeping, accounts, finance and tax returns as boring activities. My favourite ever response by an accountant to this question dates back a good few years. He told me that, at networking events, he used to stand up and say, “I collect brown envelopes. We’ve all been there. WHAT DO YOU DO?

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LyfeAccounting

JANUARY 30, 2021

On the other hand, if you’ve paid very little attention to some of the tax changes or programs then you’ve got a lot to catch up on. So in this post, we want to go over 5-6 very important dates that you need to know about because they are coming up very fast. Tax Season 2021: 6 Very Important Dates to Know.

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Xero

AUGUST 15, 2022

With a riverfront venue and a summer date, we can’t wait to welcome you – whether you’re a Xero user, or a cloud accounting enthusiast – back for two days of insights, inspiration and networking. Catch up with your Xero Account Manager and team like the good ol’ days. One of the best ways to learn is from each other!

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DuctTapeMarketing

JULY 24, 2018

It’s likely that this was manageable enough when you were just starting out, but as your business grows and you add new employees, more benefits, and open up shop in other locations, managing payroll can become unwieldy. And while the idea of handing over such an important task (not to mention all that sensitive information!)

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5 Minute Bookkeeping

APRIL 22, 2021

That’s why I always recommend using a cleanup checklist for successful QBO cleanups. A cleanup starts with your client’s messy or incomplete books and follows a process – which includes reviewing the books, catching them up, fixing problems, and reconciling – and ends with books that are complete, accurate, and tax-ready.

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xendoo

OCTOBER 8, 2021

In this blog post, we will show you how you can use these keys to expand your knowledge, streamline your workflow, and delegate work to your team to grow their skills. . Reading this blog, for example, counts toward educating yourself. Most important of all, never stop learning. Easy enough to say. Glad you asked.

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5 Minute Bookkeeping

JUNE 24, 2021

How do you clean up these accounts to get rid of the balances? Keep reading, and I’ll answer these questions and tell you how to clean up unapplied cash payment income and expenses in QuickBooks Online. Click on the video link below to watch: How to clean up Unapplied Cash Payment Income & Expenses.

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Xero

JULY 11, 2022

With a swish new venue and a summer date, we can’t wait to welcome you – whether you’re a Xero user, or a cloud accounting enthusiast – back for two days of insights, inspiration and networking. . While we do have a packed agenda, there are break times set aside for you to catch up with peers. Pack for comfort.

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bookkeeping account management accounting manager Start-ups 63

Nancy McClelland, LLC

DECEMBER 26, 2023

The most important point is that only businesses need to issue 1099s — if you paid someone for personal purposes, you are not (yet) required to send them or the IRS a Form 1099. So, keep in mind that a company can be an LLC but be taxed as a corporation. Here’s a crash course for each type of form, followed by an FAQ.

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Nancy McClelland, LLC

DECEMBER 26, 2023

The most important point is that only businesses need to issue 1099s — if you paid someone for personal purposes, you are not (yet) required to send them or the IRS a Form 1099. So, keep in mind that a company can be an LLC but be taxed as a corporation. Here’s a crash course for each type of form, followed by an FAQ.

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bookkeeping tax return Non-Profits Tax 52

ThomsonReuters

JANUARY 18, 2024

Ensuring the accuracy of bookkeeping and that the bookkeeping is compliant with state and federal laws. Ensuring the accuracy of bookkeeping and that the bookkeeping is compliant with state and federal laws. Ensuring that systems are up to date. Accountant vs. CPA vs. tax preparer: What are the differences?

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5 Minute Bookkeeping

MAY 27, 2021

So what is it, and why is it showing up on your balance sheet? Keep reading and I’ll answer those questions and discuss how to clean up Opening Balance Equity in QuickBooks Online. Click on the video below to watch: How to clean up Opening Balance Equity in QuickBooks Online. What is Opening Balance Equity?

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Xero

MARCH 29, 2023

The amount of global coverage for the metaverse has ramped up in recent times, creating the impression that it will soon become a common way to sell, play and work online. But for many people, there is confusion around what the metaverse actually is and how it could be used in a practical way.

Technology 74

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LyfeAccounting

OCTOBER 14, 2020

? ?. Today, I’ll be deep-diving into the bookkeeping basics for small business. And by the end of this post, you’ll understand the importance of bookkeeping and how to properly complete your bookkeeping in just a few simple steps. Ready to learn the bookkeeping basics for small business? More simply, bookkeeping.

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Snyder

NOVEMBER 10, 2022

Most SMB owners fall into the trap of putting off taxes until the last minute because they don’t have professional tax accounting software backing them up. Dealing with deadlines for important business taxes. So let’s look at what to consider when choosing software. This may result in serious problems with dire consequences.

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Mark Lee

APRIL 18, 2023

so that you can handle all your responsibilities efficiently. If, like so many accountants, you have clients who upset you, don’t respect you and/or don’t pay you on time, you need to take action. Of course you know that making time to keep up to date is crucial. My advice was to save their money.

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Ryan Lazanis

NOVEMBER 17, 2022

In this blog post, I will discuss 13 of the best accounting CRM software options on the market that you can use today. Why Do Accounting Firms Use a CRM? CRMs are also used for customer data management, task automation, lead management, and so much more. Why Do Accounting Firms Use a CRM? Let’s go!

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LyfeAccounting

OCTOBER 15, 2020

In this post, I am going to give you some insight into what KPIs are, the importance of them, and the top KPIs to track for every business. In this post, I am going to give you some insight into what KPIs are, the importance of them, and the top KPIs to track for every business. So if that’s you, let’s begin.

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Snyder

JULY 13, 2022

Read our comprehensive list of steps on how to set up an Etsy business, , find out some useful tips and implement them in your own selling business on Etsy. Set up billing. If you’re new to Etsy and want to make sure you’re doing everything right, it’s essential to have a guide on how to set up an Etsy account.

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Xero

JANUARY 12, 2023

At Xero, our aim is to make life easier for accountants, bookkeepers and small businesses. And we understand that there’s a lot to get your head around, so we’ve shared three key facts about Xero that both new and experienced accounting and bookkeeping users may not have realised.

bookkeeping 20

bookkeeping Education Start-ups Account 20

Ryan Lazanis

SEPTEMBER 1, 2023

Each item in the list will contain a brief description and will focus on how you can level up your accounting automation. While the list of accounting software is in no particular order, it has been grouped according to categories based on their accounting features so you can find the best accounting software apps that fit your interest.

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Ryan Lazanis

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? Great news, because this step-by-step guide will cover the critical 7 steps you’ll need to follow to set up a modern bookkeeping practice and to land your first clients. In this guide, you’ll learn: How to set up a strategic business plan.

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SingleTrackAccounting

NOVEMBER 15, 2019

At Singletrack Bookkeeping , our ideal customers are “mountain people” (a concept, an attitude – not necessarily a physical location): they are positive people, they love fresh air and the great outdoors, they work hard and then go play harder. Lifestyle Entrepreneurs. How do you go about collecting this information?

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bookkeeping Tax Start-ups Account 40

LyfeAccounting

MAY 27, 2021

You want to build your business credit and want to know the most effective and fastest way to do so. So in this post, we will be going over what business credit is, and everything you need to know about it. So in this post, we will be going over what business credit is, and everything you need to know about it. Higher Limits.

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Xero

FEBRUARY 26, 2024

Finding and entering this data from multiple sources takes up valuable time, and can be prone to human error – it can soon become a task that you dread to complete. Fortunately, there are smarter, easier and quicker ways to capture this important information. That’s why both Hubdoc and Dext make it easy to capture that information.

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ThomsonReuters

FEBRUARY 13, 2024

1040 preparation, financial advisement, bookkeeping). Payment due date and lateness fee. It’s important to have an exact payment due date prominently listed on the invoice. To ensure clarity of communication, make sure your invoice includes the following: Itemized list of services provided. Use cloud storage solutions.

tax preparation 52

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Ryan Lazanis

SEPTEMBER 6, 2023

Why You Should Use a Client Portal Why You Shouldn’t Use a Client Portal What Features Should You Look For in a Client Portal? Why You Shouldn’t Use a Client Portal Considering the reasons I mentioned in the previous section, using a client portal appears to be an essential tool for accounting firms.

Account 98

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inDinero Accounting

JANUARY 9, 2023

Why Is Accounting Important for Startups? Why do you care? By the end of this post, you’ll better understand what a startup accountant should do, so when the time comes to hire one, you’ll know all the right questions to ask. Table of Contents What Makes Accounting Services for Startups Different? To go public.

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inDinero Accounting

JANUARY 9, 2023

Why Is Accounting Important for Startups? If your startup is relying on the person who’s best at numbers for your accounting, you can be setting yourself up for failure like: Misinterpreting cash flows. Why do you care? Table of Contents. What Makes Accounting Services for Startups Different? Getting into legal troubles.

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Xero

OCTOBER 3, 2022

If you’re a Xero partner, don’t forget to register for our upcoming quarterly product update , where our education team will walk you through a demo of all the latest releases, so you can maintain your advisor certification. We’ve added a new feature to the layout editor, so you can set up grouping rules based on account codes.

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Snyder

JUNE 20, 2022

So for a small business owner, it’s vital to understand accounting so they can understand their business and also be able to communicate with banks and investors. Go through business bookkeeping basics. It’s necessary to distinguish between accounting and bookkeeping because people often confuse these two notions.

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ThomsonReuters

APRIL 6, 2023

Whether you’re an accountant, a small business owner, or a professional working within an organization, understanding what accounts payable is and how it works is essential. As an important cash flow indicator, accounts payable is a sign of the health of a business. What is accounts payable?

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