The Perfect Chart of Accounts for Your Business
Your “Chart of Accounts” is the list of accounts in your accounting system. The accounts, or categories, are listed on your reports, and the totals tell the story of how much your company spent, made, own, or owe depending on the type of account. It’s essential to create a list of accounts that you need […]
The Value of a Virtual CFO to Your Small Business
In today’s business environment, the role of the CFO cannot be emphasized enough. This is because CFOs are critical for businesses to grow and flourish continuously. However, many small and medium-sized businesses do not have the financial power to hire a chief financial officer CFO on a full-time basis. Most of the companies have accountants […]
Cool Apps: Chatbots
In the last year, chatbots have exploded. A chatbot, short for chat robot, uses artificial intelligence to imitate a conversation with people. One place they have exploded is the Facebook Messenger app, which is a free instant messaging platform. To get Facebook Messenger, you can download the app on your smartphone or go to https://www.messenger.com […]
QuickBooks Desktop 2017: Simplifying it further
QuickBooks Desktop 2017: Simplifying it further Intuit may have hit the mark at resolving lifelong product limitations that haunted users for a decade. While the new QuickBooks Desktop 2017 released mid-September highlights the Scheduled Reports as its flagship feature, the rest of the improvements are simple yet will make users think twice before switching to another accounting […]