Archive for the ‘New Businesss’ 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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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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Your genuine business niche and profitability

Running a business well within a genuine niche leads to business profitability. Recently, CBS News Money Watch posted a well-written article online about finding a business niche and sticking with it. My business niche as an accountant/bookkeeper is working primarily with web design companies, advertising agencies, and

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Setting Customer Expectations

I do the accounting and bookkeeping for creative companies around Pasadena, California like web designers and small advertising agencies. The profit challenge facing these companies is to stay focused on projects to prevent wasted time just like a company handling products doesn’t want wasted inventory. Setting client

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Handle your finances like following a diet

If your business finances need organizing, be sure to handle them like someone going on a diet. Little decisions help us lose or manage our weight and the same principle applies to getting your bookkeeping in order. Step 1 Create folders Separate receipts in the current month

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