Category Archive for: Accounting


Posted on August 4, 2015 in Accounting

Can We Live Without Excel?

The business world is an interesting place. The methodology, language, meetings, and even the people are so different from what I’m used to and I never thought I’d be a part of any of it. Obviously it would make sense then that when I was thrown into the land of startups, customer relationship management, and…

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Posted on July 28, 2015 in Accounting

Accounting And Accountancy: Definition, functions, and limitations

Accounting is a profession that involves the assumptions, principles, ideas, and regulations guiding the art of evaluating and classifying financial businesses. On the other hand, accountancy is simply the application and science of accounting. The profession is a broad one that constitutes different branches combined to meet the ever teeming demands of various parties such…

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How Companies Waste Money on User Credential Recovery

With the recent rise in business systems, managing multiple credentials for each system a company uses has become a headache for most users. In addition to this, when users lose their login details, they have to contact a help desk which needs to be regularly staffed and adds to the expenses of a company. This…

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Online Accounting: Why Your Small Business May Want to Switch to It

Every new business, no matter its field and scope, sooner or later discovers that keeping track of finances is one of the most important tasks it requires to succeed or stay afloat. Without efficient bookkeeping, payroll and tracking of expenses, establishing a benchmark for excellence and defining steps to financial success is impossible. Accounting services…

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blowing money away

Posted on October 12, 2014 in Accounting

4 Ways Your Small Business Can Take Advantage of Accounting Software

Let’s face it: tax data given via stapled-together receipts and expenses, or even with a spreadsheet, can lead many to think that some things have fallen through the cracks. Tax returns need to be full of eligible reductions, and the only way you can be fairly certain they will all be there is by using…

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Business Accounting Software’s Transition to the Cloud

Everyone probably knows what accounting software is because it has been around for a while, whether the software has been developed in-house by the company or organization using it, purchased from a third party, or a combination of third party software with local modifications. What hasn’t been around that long is the software’s transition online to…

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free accounting tool

Posted on April 22, 2014 in Accounting

Basic Accounting and Bookkeeping Principles

One of the aspects of running a business that makes most owners blood run cold is bookkeeping and accounting. Unfortunately it is a necessary evil and it must be done right in order for the business to strive. With quality financial information available you can stay in good standing with your bank and the government as…

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8 big business mistakes

Posted on April 11, 2014 in Accounting, Blog, CRM, Expense, Inventory, Invoice

8 Big Mistakes For Your Business

In the blink of an eye, your profitable business can go belly-up for a multitude of reasons. Whether it be a little “mom and pop” endeavor or a multinational corporation, they can all suffer from the same fate. Thankfully (and unfortunately) there are countless individuals who have experienced their company sink to rock bottom and…

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start a successful b2b

Posted on January 13, 2014 in Accounting

Knowing Exactly Why B2Bs Fail Can Be a Great Learning Tool

B2B stands for “Business-to-Business”, or simply, a business that sells to other businesses. Starting one up is quite easy, however, maintaining it is the most difficult part. Statistics show that 50% of small businesses are out of business in five years. Fortunately, knowing exactly why B2Bs fail can be a great learning tool, as you…

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