Questions

Results for: Bookkeeping

Bookkeeping and Admin roles are completely different, if a person knows debita and credits doesn't mean that he/she is a good bookkeeper, sometimes there are situations where you need expert advise which an experienced bookkeeper can provide because they are experienced and skilled. Sitting on t...

Continue


I did not actually have too much experience with bookkeeping platforms before. But we stick with Xero and there is no reason why I should look for another option.

Continue


NIcole is right. When I first started my business I thought I was saving money by doing my own bookkeeping. It took me much longer than it would take a bookkeeper - all time that I was not spending on marketing or billable activities. And in the end I made errors which made the initial work of ...

Continue


1) Payment distribution. Use a system like Post Affiliate Pro or similar, which allows you to export a .csv file compatible with PayPall "Mass Pay". "Mass Pay" cost $1/batch to process, so your Affiliates won't be charge normal PayPal fees. 2) You must send 1099 Misc forms to all people you pay...

Continue


If your concern is from an ethical standpoint or a concern over a segregation of duties, there is no problem at all having your tax person handling your bookkeeping. The bigger issue is something that few people understand about accountants. There are different specialties within accounting, a...

Continue


If you are early stage then you need two things: an accountant and accounting software. When it comes to finding an accountant, find someone who understands your area of business. Most firms will meet once or twice to get a feel for your needs. In my experience, good accountants will tell you ou...

Continue


Use H&R Block executive tax services. Problems with CPAs. 1) They're expensive. 2) They make many mistakes. 3) Worst, if 1x of their clients gets caught up in some organized criminal activity (accidentally or on purpose), this can trigger a blanked audit of all clients, as the CPA is flagged ...

Continue


Copyright © 2024 Startups.com LLC. All rights reserved.