With the right software, you can automate all of your financial record-keeping for your business. Join us at the next Small Business Series workshop with Fibrick founder Ramona Cedeno to learn how to use QuickBooks to streamline your finances. You will have the opportunity to ask accounting and tax questions as we go along!
If your business is experiencing rapid growth then you likely have been considering buying new accounting software. But where do you start? What are the best applications in the market for your business? Should you go cloud-based or on-premise? How can you get the best deal on the price? How long does it take to implement a new system? How can you make sure you don’t select the wrong application? What do you need to do after the new system is implemented to ensure it is used effectively?
After working with several startups and speaking with many small business owners, we have noticed that the implementation of accounting processes is not always a top priority. To help you avoid making the same mistake, we want to share with you some basic tools and services all new companies should implement before opening for business.
If you are looking forward to taking some time off during the holidays, you will probably be concerned with the long list of tasks you need to complete before and after your vacation, such as those related to the year-end close. Your ability to enjoy that time off might also be tainted by the fact that you’re worrying about work to-dos. In my career as an accounting professional, I have always been involved in the year-end close, yet managed to stay away from the office during the holidays. Before asking for the days off, I refined what I thought was the perfect plan to ensure the year-end close would not fall apart. But, it wasn’t only about convincing my boss that I had everything under control, it was more about my peace of mind. I did not want to be at the dinner table with my family having a conversation about my employer’s external audit team, or the massive data I had to work with to reconcile the accrued expenses account. I wanted to leave the office around December 20th and not have to think about it until January 3rd. Here is my perfect plan for accomplishing my mission: