In our office life repetition is a thing which we perform a lot. This will not only increase the time but reduce the efficiency too by doing the same task again and again. If you perform a task repeatedly in Microsoft Excel, you can automate the task with a macro. What is Macro? A macro…
DetailsQuickBooks is one of the most leading accounting software used across the globe. There are lots of versions of QuickBooks even the QuickBooks online is also available now with the advent of accounting modern computer technology so the user can use the quick books from anywhere in the handy fashion by just having a computer…
DetailsThe contribution of the various divisions of the organization such as marketing, finance, accounting, administration, human resource is the key to success, each employee in various divisions plays a crucial role in determining the future of the organization. So if you are planning to set up a new business or even if you are an…
DetailsOnline bookkeeping, or remote bookkeeping, is a kind of program that allows source documents and data to reside in web-based applications which allow remote access for bookkeepers and accountants. All entries made into the online software are recorded and stored in a remote location. The online software can be accessed from any location in the…
DetailsThere is no denying the fact that bookkeeping services are really monotonous in nature and time consuming. However, we cannot afford to take it lightly because it is crucial for any business. It reflects the exact financial position of the business. You would need to keep a proper financial record of all income and expenditure…
DetailsBusinesses, these days, not only look for cost-effective solutions to systematically run non-core activities like accounting and bookkeeping services, but also expect to add value in order to achieve better control and understanding of cash flow and thereby make informed decisions. Accounting services form an integral part of an organization’s operational capabilities and systematic functioning.…
DetailsSince the start of the outsourcing era, we have found that owners of small and mid sized companies have grown increasingly comfortable outsourcing transactional elements of their finance function such as accounts payable (AP), accounts receivable (AR) or general ledger accounting (GL) however, many remain apprehensive about outsourcing more complex, Financial Analysis and Budgeting processes.…
DetailsThere are multiple different reasons for a business to outsource their bookkeeping needs. A lot of time is spent in managing books taking time away from core business cost-prohibitive in hiring a professional experienced accountant, office space etc. If you can’t hire a full-time accountant but would like all the benefits of having one, outsourced…
DetailsOutsourcing is the latest buzzword these days, as more and more cost and quality conscious businesses all over the world are turning to destinations like India for outsourcing their non-core business processes. So, what exactly is outsourcing and what are the benefits of having an offshore partner do your work for you? This article looks…
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