Training Fido to Fetch More than a Bone

While “fetching” might be what some trained dogs can do, accounting systems are getting into the act too. This relatively new feature is called “receipt fetching,”. It’s when an app can retrieve documents directly from the vendors that you do business with so you don’t have to

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The Concept of Internal Control

Internal control is a very special phrase in the accounting profession. Tactically, it’s the set of processes that help a company produce accurate data throughout the organization, follow reporting requirements and laws, and maintain consistency and accuracy in its operations. Strategically, it’s an entirely new way of

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5 Clues It’s Time to Raise Your Prices

If you haven’t increased your prices for some time (or ever), here are five clues that may convince you it’s time to raise yours: Clue #1 You’re working all the time  You put in 40+ hours every week and you’re not making as much as you want,

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5 Ways to Make Your Business More Efficient

A great entrepreneur will always be on the lookout for ways to improve their business. Efficiency is a goal everyone wants to achieve when it comes to business.  It can translate into less work and more profits. Here are five ways you and/or your staff can become

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Should You Have a Financial Dashboard?

A quick glance at your car’s dashboard is all you need to check your fuel gauge, speed limit, engine temperature, and RPM when you’re driving down the road. Your car’s dashboard is designed to focus on what’s important and what you need to know to have a

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How to Survive a Worker’s Comp Audit

If you have employees, you have the distinct honor once per year of being part of a worker’s compensation audit. You likely receive a form in the mail, an email request, or a phone call that will ask you about your payroll numbers and employees for the prior

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Setting Up Products and Services

The products and services your business sells make it unique. The same thing is true of how these items are set up in your accounting software. Whether you’re using QuickBooks Online or something else, getting your products and services set up right can impact the quality of the

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How to Cut Costs with Fixed Assets Management

Fixed assets are special kind of assets in your business. They include land, buildings, equipment, furniture, and vehicles that your company owns. While we frequently look at expenses to cut costs, fixed asset management is another place we can look to find ways to better utilize our

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5 Tips on Bringing Home the Bacon

Whether you call it bacon, Benjamins, or big bucks, cash – and having enough of it – is key to running your business. Here are five tips related to managing and getting the most out of your business cash. 1-    All banks are not the same. Choose your bank

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Three Tips to Maximize Your Social Security

Social security is one of those topics that seems to be minimized by statements like, “You can’t count on it,” and “By the time you reach retirement age, it won’t matter.” These statements are not only incorrect; they contribute toward a lack of education on what’s possible.

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