Training Fido to Fetch More than a Bone

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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Cool Apps: Accounting System Add-ons

Cool Apps: Accounting System Add-ons

Accounting software continues to evolve decade after decade. It started out as one big massive complicated set of programs that only large companies could afford.  Cloud accounting is the modern solution.  Today’s accounting systems are designed to meet the core requirements for many businesses. Enter apps. Apps

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Boost Your Accounting Know-How with These Terms

Boost Your Accounting Know-How with These Terms

The field of accounting has its own vocabulary, which can sound like a foreign language to some people. Your financial savvy will increase by learning a few new accounting terms. You’ll be “speaking accounting-ese” in no time, and you’ll become a smarter entrepreneur too. Trial balance A trial balance

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What Is Reasonable Compensation?

For small businesses formed as an S Corporation and with plenty of profits, reasonable compensation is a term you may want to be familiar with. S Corporations Many small businesses have organized as an S Corporation form of entity.  The S Corp election allows a business owner

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Seven Small Business Risks

Seven Small Business Risks You Might Not Know You’re Taking Running a small business is often about taking and managing risks. Market risks are normal but business and tax risks are another thing altogether.  Most business and tax-related risks can be managed as long you know about

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