Archive for the ‘Bookkeeping’ Category

3 Reasons to love Outright and 1 not so much

Ever since I came upon Outright.  I have been trying to set up clients that are a good fit.    What makes a good candidate. Well, it was designed for e-commerce businesses, but If your accounting isn’t very complicated,  you really just need to categorize your expenses,

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How to keep your bookkeeping costs down

Bookkeeping is a necessary evil and there is nothing sexy about it… (well maybe sometimes). It is a job better left for those of us who do find it sexy.    While you do have to pay for the service, it shouldn’t be a budget buster. Here

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How Expensify brought the fun back to expense reports

I am an accountant and am pretty good with receipts, but even I hate filling out expense reports.   Along comes Expensify onto my iPhone and I was able to hand in my expense report right after my plane landed (well, ok the next day). I was on a

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3 Easy Steps to deal with your receipts

I am often asked “Do I really need to keep the receipts?”    The answer is yes, you should keep the receipts.  You may need that detail in a tax audit.   I know because I speak from personal experience. Despite claims of paperless office, I still

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3 Best Questions to ask before Choosing the Right Accounting Software

Now that cloud computing is available, there is a selection of accounting software to choose from.   Ah… but which one to choose?   Here are a few questions to ask yourself: 1.  What is your end goal?   Are you just looking to get information to

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Xero at year end

Just a quick update. Ok so I’ve been using Xero accounting software for 7 months now for my bookkeeping practice. I’m still liking it. The bank feeds are great. If you set up bank rules, makes it really easy. I don’t think I had to hand enter

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Get a bookkeeping system that you — and your business — can handle

In my work with small business owners, I emphasize the need for having a bookkeeping system that is functional and that is usable. And if that’s a pen and paper system, that’s okay. And I mean it, even though I’m a Quickbooks Certified Pro Advisor handling the

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December Tax Time Tips (or DT3)

This is a round up of posts that can help you during December tax time organizing. My goal as an accountant working from La Canada to Glendale and Pasadena to downtown Los Angeles is to help small businesses get on the road to profitability. Click here to

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Why transaction-based accounting is good for your business’ budget

Your Back Office (YBO) provides transaction-based accounting for clients and that allows the client to accurately budget each month for our accounting and bookkeeping services. Traditionally, accountants and bookkeepers bill hourly for their services. However, YBO looks at your bank statement and then charges per each transaction

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5 Steps to a tax return

It’s that time of year again but I’m not talking about the holidays. I’m talking about tax season.  I know, who wants to think about that. Besides taxes aren’t due until April. Here are my tips that I share with my accounting clients around La Canada, Glendale,

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