Top Reason to Upgrade in QuickBooks Online Advanced

 

If you're a business owner that needs to be able to track your finances and expenses, invoices, inventory and more for your company with the ability to do it on any device from anywhere in the world, then QuickBooks Online Advanced is the right software for you. It's easy-to-use interface makes accounting easier than ever before so you can keep an eye on all aspects of your business without breaking a sweat.

Preface: What is QuickBooks Online Advanced?

QuickBooks Online Advanced is a Quickbooks solution that helps entrepreneurs and small businesses manage their finances, track the progress of their business, and make smart decisions to ensure success.

QuickBooks Online Advanced offers three different types of plans for your business needs - Starter Plan, Pro Plan, and Unlimited Plan. The starter plan starts at just $15/month with limited features such as invoicing functionality. For those looking for more advanced features or an unlimited amount of transactions go with the Pro or Unlimited plans starting at $25/month. With these new plans you can easily access all your financial information in one place anytime from anywhere without needing to worry about expensive software installation fees or time-consuming data entry.

1) You Need to Improve Reporting & Actionable Insights
If you're an Advanced user of QuickBooks Online, then it's time to start thinking about improving your reporting and insights. The data that you have access to in QuickBooks is only as good as the reports that you generate from it. Without effective reporting tools, your business will be flying blind with no idea where you are headed. Now is the time to take a look at what's available for report generation and find out how much better off your business could be if you were able to get more actionable insights into what was happening behind the scenes in your business.

2) You Need Next-Level Financial Organization
QuickBooks Online Advanced is the newest version of QuickBooks and one that's going to push your business to the next level. You need a system that can grow with you and this is it!

The new QuickBooks has some great features such as automatic import for bank transactions, customizable fields for stock items, advanced analysis tools, and more. With all these new features at your disposal you'll be able to take your business into the future without any worries about accounting. It's time to grow!

3) You Need to Add Speed & Ease to Task Completion

Every day, we have to complete a lot of tasks. These tasks range from simple ones like responding to an email or making a phone call, up to more complicated ones like sending out invoices or booking travel plans. With so many things on our plate at any given time, it's easy for us to feel overwhelmed and not know where to start. But it doesn't have to be that way!

Final Thoughts
If you're looking for a company that offers quick, easy accounting solutions to help you be more productive and efficient, then look no further than myaccountsconsultant. With it's intuitive dashboard interface, this is the perfect financial solution for any small business owner looking to grow their business. Integrated with QuickBooks version with the different version and accounting software.

Content us here for cash flow management for your business.

How to Choose the Right Payroll Provider for Your Business

 

If you are a small business owner, the last thing that you need to worry about is your payroll. That’s why we have put together some helpful tips and tricks to help businesses find the best payroll provider for their needs. We will go over what each type of service entails and how they differ from one another so you can choose wisely based on your business size and requirements.

One of the most important aspects of any business is having accurate and timely payroll data. The consequences of not managing your payroll correctly can be a significant financial burden for your company, as well as severe legal ramifications. That's why it is so important to have an experienced team that knows how to get the job done right.

Withholding Compliance

With tax laws that vary from state to state and are also subject to change at the federal level, it's vital to choose a payroll services provider that keeps abreast of every update and revision. In addition, some types of businesses are allowed to make deductions for work-related expenses such as uniforms or tools; compliance is just as critical here.

Your payroll services provider must be able to account for everything you're required to withhold — but not a penny more.

At MyaccountsConsultant, we are experts in providing businesses with high-quality services that address all their needs when it comes to HR, tax and benefits administration, including state-of-the-art online solutions for easy access anytime from anywhere! Call us today at (877) 761-9996 or visit www.myaccountsconsultant.com for more information about our services!

Top Things Outsourced Bookkeeping Can Do for Your Business

 

If you are an entrepreneur or small business owner, there is a good chance that you have to wear many hats. One of the most important skills in running a successful company is time management. There may be times when your daily tasks seem insurmountable and it’s difficult to keep up with everything on your own. A great way to manage your time more efficiently is by outsourcing some of the work – like bookkeeping services.

1) Save time- You've been looking for ways to save time in your work and you finally found one! Bookkeeping is a tedious process that can take up a lot of time, but luckily this will show you how to make the process easier. You'll get tips on how to track expenses, manage payments, and more. You'll be able to spend less time on bookkeeping tasks and have more free time for yourself!

2) Stay organized - The best way to stay organized is by using bookkeeping software. I have found that it makes my job 10x easier and less stressful. It gives you all the tools to organize your finances and maintain them throughout the year, which saves hours of time on end. Bookkeeping software also provides data analysis so you can see how well your business is doing at any given time! You don't want to be left in the dark about what's going on with your company, right? This will help make sure that doesn't happen.

Take Your Business to the Next Level

An outsourced bookkeeping and controller services provider can deliver the right level and range of services for your small business today and as your business continues to grow.

At MyaccountsConsultant, our experienced, U.S.-based professionals use secure, best-of-breed technology and a proven process to provide a full suite of bookkeeping and controller services. Are you ready to learn how you can move your business forward? Contact Supporting Strategies today.

Ever Green Accounting Software for Mac in 2021

 

The best accounting software for Mac is a great choice if you're an accountant or someone who needs to manage their finances. It will help you keep track of your expenses and income, which in turn can save you time when it comes to filing taxes at the end of the year. You'll also be able to import data from Quicken, Quickbooks and other programs, as well as export reports for use outside your company. The version lets users explore all aspects of this program with no obligation before purchasing it, so that's one less thing on your list!

Best Accounting Software for MAC

QuickBooks Online: Best Overall Accounting Software for Mac

QuickBooks Online is a great product for Mac users who want to take advantage of all the benefits that come with being an online accounting software. QuickBooks Online offers more than just basic accounting services, with features like invoicing and inventory management included in your monthly fee. It's also easy to use and has 24/7 customer support available via phone or email. Give it a try today!

QuickBooks Desktop for Mac: Best Desktop Accounting Software for Mac

With QuickBooks Desktop for Mac, you can have a desktop accounting solution that is tailored to your needs as an individual or small business owner. As a user of QuickBooks Desktop on Windows, this version has been made with the same software engineers in mind. From invoicing and billing to expenses and inventory management, use this powerful app to get your financials in order.

Zoho Books: Best for Self-employed Business Owners

Zoho Books is a great option for self-employed business owners because it offers all of the features that you would want in an accounting software. It has tools to automate your finances, track your expenses, and manage taxes. Best of all, Zoho Books is completely free!

Zoho Books also offers some features that are not available on other platforms like the ability to send invoices from within the app or sync with other apps like MailChimp and QuickBooks Online without exporting data. In addition, if you're looking for more help managing your finances, ZookyBooks offers an optional paid service called Expert Services which includes phone consultations with one of their experts at any time during the year.

FreshBooks: Best for Invoicing and Time-tracking Features

FreshBooks is a cloud-based accounting software for MAC that offers invoicing and time tracking features. The company uses the tagline "FreshBooks helps you turn your ideas into money." It was founded in 2006 by Mike McDerment, who currently serves as its CEO. FreshBooks has more than one million users worldwide, with customers including GE Healthcare, Tesla Motors, and Sony Pictures Entertainment. In 2014, it received $10 million USD in funding from venture capital firms like Accel Partners Canada Inc., Georgian Partners LLP and OMERS Ventures Management Ltd. Recently they've been focusing on their latest release of FreshMint--a financial planning tool aimed at helping people save for big goals like buying a home or going to grad school.

Wave: Best Free Accounting Software for Mac Users

Wave is the best free accounting software for Mac users. Wave has been designed to provide a seamless, intuitive experience with easy navigation and powerful features to help you manage your business efficiently. With Wave, you can easily track sales, expenses and inventory in real time to stay on top of your finances. Wave's invoicing system will automatically send out professional looking invoices so that you don't have to spend hours doing it yourself. The dashboard provides insight into what needs attention now and what can wait until later while giving you an overview of key information like total profit or loss for the month. You can also access this information from any device at any time with our browser-based app - even if you're not online!

Choose Best Accounting Software for MAC with myaccountsconsultant

You may have heard of the accounting software, QuickBooks. It has been around for years and is very common in small business. There are other options that you should consider if you are looking for an accounting software to use on your MAC.

MyAccountsConsultant gives reviews of all the best accounting software so that you can choose one with confidence. The post goes into detail about how great these accounting software are at making financial calculations easy and simplifying taxes, payrolls, invoices, etc., something any entrepreneur will need as they grow their small business.

Contact us here for choosing Best Accounting Software for MAC.

         Top 5 Best Accounting Software for Mac in 2021

Best Accounting Software for Ecommerce Industry in 2021

 

In 2021, people turned to technology for every need. Door businesses such as retail stores had to shift their business online in order keep up with the demands of consumers who became dependent on digital transactions and convenience-driven lifestyles that favored e-commerce sites like Amazon.

In the year 2021, many door businesses were forced by customers' reliance on new technologies into moving towards an electronic platform so they could maintain a presence among tech savvy shoppers driven largely by convenient lives that made it easier than ever before to shop from home or anywhere else where there was internet access. As of 2021 experts predict 2 billion customer will be shopping through ecommerce channels; these numbers are expected only grow even more over time.

Sales tax
It's no surprise that with the rise of ecommerce, there are some accounting standards and regulations that have been put in place to help regulate how taxes should be applied. This is especially true when it comes to what state a customer resides in- one has an obligation as soon as they order from you based on where their package was shipped or delivered too. Automated systems can handle these tasks for you but at the end of every day, accountants must always go back over this information just so everything will run smoothly!

Shipping charges
Shipping is a significant element in e-commerce that must be accounted for properly. Companies use different shipping charges methods – flat prices or prices variable to the cart amount. Those who show free shipping cover the expense under the product price, but one should know that these are recorded as CoGS (Cost of Goods Sold) and can have an impact on profitability if higher than expected!

Refunds
The charged back refund is a tricky situation that online businesses try to avoid. Generally, chargebacks happen due to technical malfunctions or fraudulent requests . This means it becomes difficult for one person at the company to record them accurately when they're not sure of what can be marked as refunds and credits, which are different from returns and allowances because credit card companies allow customers have their money back in case there was an error with their purchase if something went wrong like fraud on the site.

Trends in Ecommerce Accounting

Ecommerce accounting is the process of managing data and transactions related to online sellers. Online sales are growing at an exponential rate, so it's important for accountants to stay up-to-date with the latest trends in ecommerce accounting. Companies like Quickbooks and Xero have made it easier than ever before for you to track your inventory, manage your finances, and take care of all that other paperwork related to running a business from home or on the go.

1.Ecommerce Accounting Outsourcing
Outsourcing ecommerce accounting can be a great way to relieve yourself of some of these responsibilities while still providing high-quality service for your clients.

2.Cloud Accounting
Cloud accounting is the term for the use of a service to store your financial information online and allow you to access it from anywhere with an internet connection. These services can be accessed through a web browser, tablet or mobile apps. cloud accounting providers are cheaper than traditional accounting software solution because they don't require any installation on your computer and there's no need to buy additional hardware like servers, which means that you save money in the long run. Some services also offer budgeting tools so that you can see how much money was spent each month in different areas such as groceries, gas and entertainment. Other features include invoicing clients or vendors without having to purchase software separately, email reminders when bills are due and keeping track of mileage driven for tax purposes.

3.Multiple Payment options
Cash payments have become very rare since the COVID-19 breakout. Some people use credit and debit cards, while some who are more tech savvy may opt for apps like PayPal or Google Pay to make electronic transactions with a smartphone instead of using cash at all. With so many options available it can be difficult to keep track on how much money is actually owed per person when someone charges back their purchase because they didn't want what was delivered after paying in full up front - discrepancies add up quickly!

4.Regular Account audits
In 2021, most accounting functions will be automated. This means that the book entries won't match up with cash flow without inspection and may fail or credit the wrong account. Therefore, it's important for accountants to regularly inspect bank accounts/transaction histories in order to make sure everything is running smoothly!

5.Data Analysis
As a result of the growing need for specialists in accounting, accountants are now able to specialize within certain areas. Accountant specializing in interpreting data can help companies get valuable insights on their finances through advanced technology and visualization tools.

MAC is a certified online bookkeeping company that provides accounting and finance solutions for an array of industries. MAC aims at helping e-businesses by increasing their efficiency. The firm is one of the top B2C service providers of Ecommerce accounting outsourcing in the USA.

MAC is the firm to consult if one is looking for assistance in finance and accounting. They take pride in providing solutions after carefully researching and understanding the client’s requirements. With a long positive experience in the industry, they have gained a reputation for helping their clients achieve excellence. The team comprises subject matter experts who find innovative solutions using the latest technology. From accounting outsourcing to tax preparation, and from account reconciliation to operational analysis, MAC manages it all.

Save Time & Money In Your Business with Bookkeeping Services Canada

 

Over the past few months I have met a lot of people in my area who are looking for a reliable and honest bookkeeper.  I have heard almost all of them state that they had a hard time finding a “good” bookkeeper.  Some of them had even been burned by there previous bookkeeper.

Tips to help you Finding a Great Bookkeeper that is right for you:

1.  Finding a Reliable Bookkeeper:

When hiring an outsourced bookkeeper there are a few “red flags” to watch out for.  First, ask the bookkeeper if they have a full or part-time job outside of their bookkeeping business.  Some bookkeepers are employed and decided to start a bookkeeping business to earn some extra cash.  Be wary of this situation.  You want to make sure that your bookkeeper’s first priority is his or her clients.  If your bookkeeper has an employer, chances are that their job will always be their first priority and you may have a hard time reaching them when you need to.  The other “red flag” to watch out for is stability.  You want someone who is local and has roots in their community, someone who isn’t planning on moving any time soon.  Ask the QuickBooks Certified bookkeeper how long they’ve lived in the area and how long they’ve been in business.  Make sure that your bookkeeper has a healthy and successful business, otherwise they may choose to close up shop and decide to get a full-time job down the road.

2.  Find a Knowledgeable Bookkeeper :

When hiring a new bookkeeper, always ask for references.  Make sure the references are current client’s of the bookkeeper and make sure you can find these businesses on the Internet.  I have reviewed other bookkeeper’s websites and have checked out their list of references.  I was surprised to see that many of the business references they listed did not have websites (or any other web listings for that matter).  This makes you wonder if these are actual businesses.

3.  Finding an Honest Bookkeeper:

One of the complaints I have heard most often is that some bookkeepers overcharge their clients.  This happens when a bookkeeper performs a task that should only take an hour or two but ends up billing the client for several hours of work.  The cause of this could be that the bookkeeper is dishonest or the bookkeeper is just slow.  Maybe the bookkeeper is slow because they are new to bookkeeping and are learning in the process or maybe they are slow in nature.  Either way, you shouldn’t have to pay for your bookkeeper’s short comings.

When hiring a new bookkeeper ask them how long it usually takes them to reconcile a monthly bank statement or set up a new company file and chart of accounts in QuickBooks.  Every client is different so it can be hard to tell a new client how long it will take to reconcile their accounts but the bookkeeper should have an average amount of time from their other clients.  I also recommend asking the bookkeeper several questions to test their skill level.  If you aren’t sure what to ask go on the Internet and search “questions to ask a bookkeeper’.  You will be directed to several sites with lists of questions to ask.

Conclusion:

When hiring a new bookkeeper you want to make sure that you hire someone who is knowledgeable, reliable, and honest.  Don’t settle for an “okay” bookkeeper.  Most counties have dozens of bookkeepers in the area.  Find a “great” bookkeeper, someone that is good match for you and your company.

Contact us here for the hire great bookkeeper for business to help you in manage your finance requirement.

Why does small business growth require a more efficient accounting system

 

All small business owners know that time is money. With a team of staff members who are all working on different tasks, you have to ensure they're doing the right things in the most efficient manner possible. This can be difficult if your accounting services aren't up to par. You may not realize it, but one of the most important parts of business success is managing finances and ensuring there's enough cash flow coming in to get by. If you don't have someone with experience keeping track of numbers and making smart decisions about how much should go where, then you could be more likely to make mistakes or lose funds unnecessarily.

Why Is Accounting Useful for Small Business Owners?

Many small business owners are overwhelmed with the day to day tasks and administrative responsibilities of running a company. In order to keep things in order, it's important to stay organized and have an accounting system that can be adapted as needed for growth.

Why Is an Accountant Important?

An accountant is an important person in your business, with a wide range of responsibilities. They will keep track of all the money coming and going from a company or organization and help to make sure that the numbers add up correctly at the end of each period. Accountants can also provide advice on how to improve current financial practices as well as plan for future needs. An accountant is there to ensure that you are meeting all compliance standards set by government regulations, which means they'll be one less thing you need worry about!

Choose MAC Accounting Services

If you prefer, you can opt for a free trial run, to get an idea of services and its quality. Call us on +1 (877) 761-9996 or drop us an email at accounts@rayvat.com for any question.