Tuesday, October 7, 2014

Golden Benefits to Hosted QuickBooks

Golden Benefits to Hosted QuickBooks - Over time, QuickBooks providers has assisted a huge selection of businesses in making the switch from paper-and-pencil bookkeeping or locally-installed accounting software to Hosted QuickBooks.Switching to QuickBooks Hosting won't set you back lots of time, money, or effort and won't disrupt your overall IT infrastructure. Here's what to expect from hosted QuickBooks, following are the golden benefits:

Sunday, May 18, 2014

Hurdles Faced By Accounting Firms


At a time when accounting firms should be attempting for greater success - it looks like we are bound to be resistant to the changes that are supposed to ensue. But taking risks and being open to the changes is one of the very crucial steps for expansion. The initial step to the change is to acknowledge the barriers that are holding us back.

There Is No Such Thing As Too Many Profits!


Benchmarking is something that many business owners and professionals have been hearing a lot about these days. The key question that is often heard asked about it is, "Why should I benchmark?" The short answer to that is simple-because there is no such thing as "too many profits."
  • What can benchmarking do for your business?

Thursday, April 10, 2014

Integrate Business Forecasting With Cost Analysis and Avoid Common Budgeting Pitfalls


Budgeting and forecasting are painful processes in businesses and nonprofits today. They are disliked because they are time-consuming, often involve defensive responses from staff, and seem to do little real cost management in a rapidly changing business environment. Participants in these processes are often correct in their critiques, but the problems they identify are not inherent in the processes. They are the result of:
1) Competing purposes in the forecasting process, especially the annual budget;
2) Having poor tools or confusing the process with the tools;
3) Failing to base the forecast on cost drivers; 

Saturday, March 29, 2014

Business Activity Statement


The Business Activity Statement (BAS) may be a pre-printed document issued by the Australian Taxation Office (ATO) on either a monthly or quarterly basis. It's accustomed to summarize the amounts of GST collectible and due by you for a precise amount, in addition as a spread of different taxes together with Pay As You Go (PAYG) income tax and Australian business range (ABN) income tax. Its aim is to permit a business to report and pay variety of tax obligations in one group action.

From Pain to Profits With the Right Technology


As a part of professional services industry, accountants often operate in highly competitive and complex environments. In addition to the core services such as bookkeeping, taxation, auditing and financial planning, the accountants have expanded the span of their services to include business advisory & consulting, which is tantamount to playing the part of a business partner to their clients. This places accountants in a position of shared responsibility with their clients, putting them under considerable pressure to ensure their clients' success.

Thursday, March 6, 2014

How to Write a Freight Claim


In this short article we'd like to share some of the most important things you'll need to consider should you decide to file a freight claim. So, first and foremost:
What is a freight claim?
There are alternative words, such as shipping/cargo/ transportation claim or loss and damage claim, and one would file such a claim to recover their costs from a carrier (not including profits), although in some cases claiming profits may be considered acceptable as well.