In a survey of over 300 small business owners from Clutch, a leading BRB research company, nearly 95% of owners said they were confident in the accuracy of their financial records. While a business owner may think their records are fine, they usually are not aware of a problem until their accountant questions their records […]
Category Archives: Cloud Accounting
Before becoming a virtual accountant, I worked in an accounting department for a development firm. One of the larger divisions of this firm was the custom construction of single-family homes. The craftsmanship of the final project was spectacular. Processing and filing the build paperwork? Not so much. One custom home could have several boxes of […]
We love using bank rules in Xero and we hope that you do too. Our founder, Cindy Hovig, has been featured in Insightful Accountant’s latest Xero in on Xero Series. Her contribution is entitled Bank Rules Tips & Tricks. This is a great article to learn more tips on using Xero’s bank rules. If you are […]
We are continuing our series on those in the trades – specifically construction – and one area that those in the trades have special consideration is payroll. Payroll can feel hard. We get it. In the construction field, there are other factors to consider such as where your employees are, what jobs they are working […]
Every skilled craftsman carries a toolbox. Big or small, a toolbox stores all the tools you need for the project at hand. It protects your tools from damage and keeps them organized, which can save you valuable time. Technology has brought many changes to trade businesses. As a result, the traditional toolbox for contractors has […]
As an individual, I would not be termed an early-adopter. I’m cautious about new technology. I wait until it’s been tested, recommended, and proven to be easy to use and extremely convenient. I am a millennial, but I preferred paperbacks and hardcovers to eBooks. I filled notebooks during classes and lectures. I was trained in […]
Two years ago, I was vaguely aware of the cloud. I knew the “cloud” existed, but it wasn’t the kind of cloud that had any sort of impact on my life, and I wasn’t terribly interested in finding out more about it. I was happily working in an office, elbowing my way through filing cabinets […]
It’s summer! Perhaps by now your kids are out of school and you are enjoying the weather together or maybe you are planning a fun vacation. We hope you are! Earlier we talked about ways that the cloud can help you enjoy your summer and today we would like to add to that topic by discussing […]
One of the core features of Xero is the ability to upload bank feeds into your accounting system automatically. In recent years, Xero has been working to improve this aspect of their platform by providing direct feeds. Direct feeds are pretty self-explanatory: It is a direct connection between Xero and a financial institution for the […]
Some people wonder if it is worth it to hire a bookkeeper. Have you ever wondered this? Also, what should you expect from a quality bookkeeper? To help you answer these questions, consider some benefits of having ongoing bookkeeping services. This time of the year many of us reflect on how things went last year and […]