Mobile Accounting

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Mobile Accounting

Mobile Accounting? It’s Here, Now

That's right: The future is here! Now that it's officially 2020, it may be time to jump on that accounting app bandwagon if you haven't already done so. The exciting news is you can actually do a lot of your accounting tasks from your phone instead of your computer.

Does Your Business Have a Safety Net?

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One of the most important parts of managing a business is making sure there is enough cash to keep the business going.  As a business owner, you probably have a very good idea how much cash you have in the bank at any time. The smaller your business is, the more likely you are to keep a close eye on cash. 

Avoiding Accounts Payable Errors: What to Watch Out for

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Accounts Payable

When you pay a bill in your business, are you 100 percent comfortable that the bill payment is correct and justified? Is there ever a chance that that bill is fake or fraudulent?  What about duplicates?  With so many fake bills being mailed to businesses these days, it makes sense to think about controls you can put into place to reduce the risk that you might write a cheque out of your hard-earned profits that should never be written. 

Add Functionality to Your Accounting System with Apps

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Did you know that you can add apps to help increase the functionality of your core accounting system? The process will save you time and frustration. It is because every business is different that you may—and likely will—need these add-on features that aren't already included in the accounting system you currently use. That's where the apps come in: They provide a deeper functionality in the areas you need them. Take a look below at some examples we've put together.

10 Hot Business Trends for 2020

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As we welcome in a new year (and maybe a new decade depending on how you count them), it’s a perfect time to reflect on the trends that will impact us and our businesses. Here’s a list for your consideration and reflection.

 

 

Understanding Cost of Goods Sold

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The account on your income statement called Cost of Goods Sold can be confusing to non-accountants. In this article, we’ll attempt to de-mystify it and explain how it works. 

How to Stop Robocalls?

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RoboCalls

You've received them—probably more than once—and every single time, they're painful, tedious, and unsolicited. Robocalls . . . Need we say more? You can experience a robocall, or an automated telephone call delivering a recorded message, on both a personal and business phone line. From scammers scamming to political parties politicizing, these calls can get in the way of your daily business activities, stop productivity, and simply annoy the life right out of you.

Five Timeless Tips to Improve Customer Service

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Having repeat customers is essential to many businesses, and the key to keep clients coming back is to provide them with great customer service. Here are five ideas to rate your business’s savvy when it comes to serving customers well.

Do You Know Who Your Top Customers Are?

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Who is your top customer

Every business has customers, and while all customers are important, most entrepreneurs will agree that some customers are more important than others. This may be due to the amount of revenue the customer brings in, their ability to refer new clients to you, the interesting challenges of the customer, or another factor. It makes sense to identify these clients so you can spend more time with them or at least acknowledge them in some way.

How AI (Artificial Intelligence) is changing accounting?

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Artificial Intelligence

Artificial intelligence (AI) has arrived in the accounting profession in a big way. The good news is it’s streamlining accounting tasks, finding patterns in data you can take action on, and generally making things better. Here are just a few places we’re seeing AI and machine learning impact accounting.

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