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How Do You Identify an Expert Bookkeeper?

How Do You Identify an Expert Bookkeeper?

Bookkeepers are not known in our industry to be experts; notwithstanding, based on the definition, an office worker is an expert. Taking a gander at the key elements of what makes an expert, I chose to play out a correlation with a bit of perspective on the patterns of professionalism…
Could Your Firm Outsource Accounting to Startups?

Could Your Firm Outsource Accounting to Startups?

Reasons Why You Might Want to Partner You get a prompt solution: This is most likely the main motivation for partnering. If you want to move to the cloud but would prefer not to invest the energy it takes to appropriately execute the service or become a specialist in the…
Could Your Clients Afford a $100K Hit to Cash?

Could Your Clients Afford a $100K Hit to Cash?

A week ago, I was at a customer to enable them to close the second quarter of the year. They do the majority of their own data entry and account reconciliations and I review the work and answer questions. The proprietor had an inquiry concerning how to enter a May…
Clearing A path for a New Generation of Accountants

Clearing A path for a New Generation of Accountants

The rate of unemployment for the bookkeeping and financial sector is roughly 50% of the general unemployment rate in the US, which further outlines the critical requirement for skilled employees across the profession. Safe to state, the bookkeeping profession keeps on battling with staffing and retaining qualified talent. Progressively, organizations…
Beginning with Subscription Pricing

Beginning with Subscription Pricing

Since the launch of Amazon in 1994, it has developed from an online book shop to one of the main spot customers divert to purchase everything from cleaning items to the most recent tech devices. Their business model is ‘shop and then ship,’ however as client shop, Amazon is constantly…
3 End of The Year Best Practices for Bookkeepers

3 End of The Year Best Practices for Bookkeepers

For some individuals, December is a month centered around holidays, family, friends, and merriments. That isn’t really valid for the bookkeeper, accountant or CPA, notwithstanding. The year-end close of the books is fast drawing nearer, and our time, as accounting experts, is becoming progressively rare. Possibly, there are things we…
Are Tax Pros the Best Bookkeepers?

Are Tax Pros the Best Bookkeepers?

Bookkeepers usually get on well with their clients’ CPAs and EAs. Bookkeepers create a good work rapport with their clients and as a group, they help their clients prosper and flourish. It is usually a success for everyone that is involved when they all get along and this ‘everybody’ refers…
Virtues of Some of the Best Virtual CFOs

Virtues of Some of the Best Virtual CFOs

Indeed the world is facing significant changes in quite a number of sectors and the accounting industry has not been spared. From an excess of supply to the obvious decline in prices as a result of the former, the value of accounting sector continues to depreciate exponentially. To make matters…
Best Strategies to Improve Your Network

Best Strategies to Improve Your Network

Image a situation whereby everyone in your firm was excellent at networking and were actually capable of connecting with prospects and clients, engaging them and showcasing what your firm does in a compelling way, it would bring a lot of clients to your business and help your firm grow, this…
How to develop a partnership that help grow your firm

How to develop a partnership that help grow your firm

A successful business’ foundation and base are the relationships it maintains and this is needed in accounting firms. Before clients can trust an accountant to be in charge of their tax returns, there has to be an established trust base and the way to speed along the process is by…
A Functional Checklist for Beginner Tax Advisors

A Functional Checklist for Beginner Tax Advisors

While advisory might seem like the big boys corner with regards to the accounting profession, many “supposed” financial advisors lack the skill to be proper tax advisors. This may be attributed to the fact that most institutions of learning, fail to teach accounting students about the higher-level services. In most…
Eliminating the Gaps between Your Roles as a Bookkeeper

Eliminating the Gaps between Your Roles as a Bookkeeper

For most independent bookkeepers, the clients are the business owners. The right way to do bookkeeping is all about perspective. What point of view do you take when you are executing a client’s bookkeeping? For most bookkeepers, the end goal is to get the client tax prep ready, but what…
Are Your Prices Really Too High?

Are Your Prices Really Too High?

It is quite common for bookkeepers to encounter prospective clients who for some unknown reason believe that the job of bookkeeping isn’t worth the penny. Over the years, it has become quite common place to hear phrases such as “It’s just bookkeeping, the guys across the street would it for…
Accessing Financial Data in Public? How Secure?

Accessing Financial Data in Public? How Secure?

Just how safe is it to use financial applications such as QuickBooks Online, and Xero on public Wi-Fi? At a recent meeting of bookkeepers and accountants, a couple of opinions suggested that the using public Wi-Fi connections to execute financial related work could be risk-free based on the security protocols…
How to Build Lasting Relationships with Self-Employed Clients

How to Build Lasting Relationships with Self-Employed Clients

The first part of a business is about the people in it and the relationship that they maintain. The services and products are secondary. As it is not the norm that your work speaks for itself, it takes good relationships with people and clients to spread the word about how…
Tasks Accountants Must Automate

Tasks Accountants Must Automate

Automation is slowly becoming an essential component in the human workforce today, although most humans see automation as something that takes away their jobs, it has proven to be a more efficient method with so many benefits that make life better for everyone. Accountants today seem hesitant when it comes…

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