Small Business Solutions

The Quickbooks accounting software is becoming to be one of the most popular products in the business realm. There are a lot of reasons for this. First of all, you can easily monitor the performance of your business. You can also keep track of your expenses and especially those bills and checks that you have to pay on time. You may also use it in determining the inventory you have for your products.

 

Indeed, Quickbooks accounting program is a very powerful one. The problem nowadays is you basically don’t have that much time to work on it. This is because there are far more important things that you have to have to take care of, such as marketing your products and services. Your best option therefore is to look for a company who can take care of Quickbooks accounting.

 

Fortunately, there are already a lot of them, most you can find in the World Wide Web. What’s more, their services are not only limited in entering data into the program. As a matter of fact, here are their top 3 possible services in relation to Quickbooks accounting:

 

1. Customization and Training for Quickbooks. Do you have your own bookkeeper, and yet he still needs some orientation when it comes to Quickbooks accounting? Definitely, you don’t have time for this. You can then allow somebody else to take care of this for you. Several online bookkeeping companies will not only customize your program but even train your staff on the proper use of the software. This is especially necessary once you opt to personalize the settings of the program. You can ask for the customization of the lists and even of the accounting process. You can even create templates, so you can already print reports with accompanying heading or logo of your company.

 

The main reason why you may want to pick this kind of service is that your Quickbooks accounting should fit the business that you have. Most of all, this is so you can derive a more accurate financial information of your business.

 

2. Consultation and Education. Do you already have a Quickbooks accounting system in place but are not sure if it’s the right one? Do you think you need to update it? You can allow accounting specialists to help you out in answering these questions. They can analyze the flow of your transactions through Quickbooks and recommend possible modifications. They can also pinpoint errors in the processes, so you and your team, particularly your bookkeeper, will be able to devise the proper remedies. With consultation, there’s a huge possibility that you can reduce the time spent in Quickbooks accounting from an hour to even minutes, allowing you to save from the hourly wage you pay for your freelance bookkeeper.

 

3. Review of Transactions. This is in relation to no.2, only that you will permit the company to do the changes themselves. You also don’t have the burden of looking for your own freelance bookkeeper since they already have their own. Most of all, you can relieve yourself of the fixing and the tweaking. All you need to do is to ask for status and financial reports.



By: Amitaabh Saboo

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I was recently asked for career advice by an unemployed design engineer. It actually caught me off guard because I always thought of engineers as among the most employable people out there. They usually are degreed individuals with great problem solving skills. I know engineers can major in different disciplines and often get specific degrees in chemical, electrical, mechanical and also many other areas. Most that I have met seem to have the two traits I believe are desirable in any employee: organizational skills and problem solving abilities.

Here is where it gets a little tricky though. My client had 8 years using one particular simulation software. It was one of two or three most often used in his industry, so when he interviewed with a company using a different software application, he needed to sell himself as able to quickly become proficient in that program. Not an impossible task, but he was competing against others who could claim to “hit the ground running”. My first reaction was why not learn all the top software? As he pointed out, because it can take hundreds and sometimes thousands of hours of training and actually using a powerful software to become proficient at it.

This issue prompted me to start thinking about the best way for people to prepare themselves for employment in an area where they might be using software to perform a large part of their job. would it be best to try and learn the basics of two or three of the most widely used programs, or better to become as proficient as possible in one? First, let’s take a quick look at some of the larger employment sectors and see if we can’t list a few of the competing software companies in each sector.

Engineering/Design. One type of program used is CAD, an acronym for computer aided design. Three of the larger ones in use are Catia, SolidWorks, and Unigraphics. Business/Enterprise. These are softwares used to run large companies or enterprises or even just certain aspects of enterprise. SAP, and Oracle are good examples. Accounting/Small business. Peachtree and Quickbooks come to mind.

I am going to go out on a limb here. Based on experience in recruiting and SAP training, I believe it is best to become an expert in one software program or even in one specialized area of a software. The old adage of “jack of all trades and master of none” is unlikely to land you a prime position in a competitive employment landscape. Your expertise in a given area may even carry over into associated areas in the eyes of a company.

Of course their are dozens of employment areas and dozens times dozens of softwares to go with them. I’ll assume that you already have an idea of what type of work you want to be doing. Let’s just say you are working in or looking for a job in small business accounting or bookkeeping. Do you intend to stay in your current geographic area? If the answer is yes, then do your research and try to find out what program is used most in your area. Learn that program if you want to increase your chances of finding a job. If you are looking to relocate, then your research should focus on discovering the most widely used in the whole nation or area where you hope to relocate to. You can also use other criteria when making a decision on what software program. Does one pay more than the other? Has one been around longer and is the company that makes it secure?

Is it only used by one mega company and no others?

For my engineering friend my advise to him was to take more training in the program he had used for so long. His value was in knowing that software and additional training only strengthened his value.



By: Bryan Glasson

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“Different people around the world have been intensely hooked up to the newest trends in contemporary gadgets and machineries such as the computer. This is so since modern technology demands every task to be delivered in just a click., which makes it easier for everybody. To be up-to-date to the latest trends of today’s iGeneration, it’s good to know that various computer eLearning and training software programs have mushroomed all over the Internet such as the QuickBooks training software.

No one wants to be left behind that’s why the availability of computer training programs is very conducive in giving each person the opportunity to learn all types of computer programs in demand today. Because of these latest innovation, different sources are made available for everyone to reach to be able to select appropriate computer training course he or she needs.

An easy means to get full knowledge and access to computer e-learning programs is through the Internet. Through the help of contemporary techniques that are actually very apparent now commonly used as part of our daily living, the internet allows and make learning courses and programs available to everybody anytime. These are very accessible any time of the day. In fact, there are on-line training software courses that are easily reached with just a quick sign-up and payment after. If you are interested in knowing the know-how’s in Microsoft SQL Server training, every single detail tackling this is offered on-line.

Another means wherein an individual can acquire education about a certain computer course he needs is through enrolling to certified computer school that offers training programs and courses such as Learn QuickBooks Pro 2008. On-line schools like this provides training courses like this which truly serves beneficial to the generation of today. Most specially information technology is now considered as a very in-demand field of expertise due to the rise of modernization all over the world.

A good example of a training software mostly availed on-line is the Adobe Creative suite training program that allows a person to freely do creative designs to his works starting from in-design up to Photoshop. Through the use of this program, a design project is enhanced to be able to get better quality outcomes. It is surely satisfaction guaranteed when one opens himself to educating programs like this.

Quicken training software courses and programs continuously deliver technological growth and development to every individual living today. With these training programs everyone interested in taking them up are introduced to a simpler and better way of making things possible. Involving oneself into courses such as these definitely make life easier and faster. One is allowed to effortlessly manage everything with the use of these training and learning programs. No headaches at all.

Training and e-learning courses being offered through the internet have definitely eased the difficulty of keeping up with the fast pace technological evolution we have nowadays. If you are interested in getting the latest computer programs that you need for your personal or work purposes, accessing the internet is a sure option that you can choose. It is certainly a big help to anyone who wants to hit the streets of IT and other businesses in line with it.”



By: Andrew Beene

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Time and money are both very important in business. Yet, like me, many business people tend to give a lot more specific thought as to how to spend their money. Too often, how we spend our time is only thought of in terms of “What am I going to do today?” or “What should I do next?”

There are only 24 hours in your day, just the same as everybody else’s and you need to know how to use those 24 hours to your advantage. There are so many simple ways to save time during our busy day that they are easily overlooked. Sometimes we just overlook the obvious. But being prepared with lists, notes, ongoing files, and systems will help you screen out those unwanted distractions and focus on the important matters at hand. So let’s get down to business!

Here are some tips to manage your time:

First and foremost, Set priorities. Determine what is most important. Everything’s not an earth-shattering emergency! Someone else’s perception of a priority does not mean it is so to you. Discern what needs your attention immediately, what can be delegated, and what can be addressed later. Remember, prioritizing is the key to mastering the use of time. Regardless of how your priorities are defined, we could all use some extra time in the day. The following are some time management ideas that can help increase your productivity and improve the quality of your life. Try incorporating just a few of these ideas and see how it affects your life.

1. Plan your day the night before. List and prioritize the top five objectives you desire to accomplish when you get to the office. Start with the number one item on your list and stay with it until it is complete. Try to do the most difficult tasks first.

2. Get to the office early. You will never be successful in the sales profession if you get into the habit of coming to work at the “crack of noon.”

3. Use a diary or digital organizer. With so much to organise in your busy life you need to record your appointments, things to do and goals somewhere. Preferably in a paper diary or digital organiser that you can take everywhere. This is the most effective way to get things done, plan your work and your life.

4. Get in the habit of using a To Do list every day. At the end of each day, make a list of items to complete the following day. This helps you put closure on the day so you do not leave worried about forgetting the tasks that await you tomorrow.

5. Clean out the Clutter. You will save yourself heaps of time, energy and money if you clear out your work and home environment paperwork, books, old equipment etc. You will be able to find things, save money because you won’t have to buy what you already have hidden somewhere, plus you’ll be less stressed.

6. Use the Right Tools. It’s no good having the latest whiz-bang computer when the desk that you sit at is too small to accommodate it, or the chair has poor back support, or the lighting is dull causing you eyestrain and fatigue. All these factors heavily influence how you work. Invest or ask for a decent desk, purchase a desk lamp or request the light globes be changed. Don’t avoid the warning signs your body gives you. Take action now before you have eye, back or neck problems.

7. Resolve to do today what you wanted to do tomorrow. Make a catch-up list of tasks you have avoided or put on the “back-burner” and rank them from the most important to the least important. Resolve to do at least one task from this list each day.

8. Do your most difficult work when you are in your peak performance state. If you’re an early morning person, do that extra-effort-needed project first thing in the morning. If late evening hours are more your speed, save that high-energy project for that time.

9. Place your phone on voicemail mode at strategic times of the day. Voicemail is wonderful for those times when you’re either feeling sluggish, want some quiet time, or just want to get a project done. You can access your messages later and return calls on a priority basis.

10. Learn to say NO once your priorities are set. Avoid interruptions. Set aside a period of the day as “off-limits” during which time you will not be interrupted. Use this time to work on your “A” or top priorities, or even as a designated time to handle your mail or return calls. One way to avoid interruption is to make it clear that when your door is closed you are not to be disturbed. Other way is to Let others in your home/office know when you don’t want to be disturbed.

Constant interruptions are annoying and distracting; they are also time-zappers. Letting people know when it’s ok to interrupt and when it’s not is crucial to time management.

11. Schedule your phone calls around your peak performance levels. You want to give your customers/clients your very best attention and this requires energy and enthusiasm.

12. Avoid Unnecessary Meetings. Before agreeing to attend a meeting, check if you really need to be there. Maybe a phone call or email will be just as effective.

13. When you need a swift response, send an Email or make a phone call whenever possible to avoid time delays in receiving an answer.

14. Do What You Do Best and Delegate the Rest. At work see if there are ways you can delegate tasks which would suit someone else’s talents. Many office and home based workers are spending heaps of time on mundane secretarial tasks which would take a person who is trained in that area a quarter of the time to undertake. Assign tasks to another or others to give you more time to handle the tasks which only you can do. Effectively multiplying your time is the ultimate time management technique. Remember, everything that needs to be done does not have to be done by you. Delegating to another person can save you a lot of time in mundane tasking. Delegate, delegate, delegate. Avoid the temptation of doing administrative duties and paperwork. Salespeople historically tend to hide behind their paperwork. Focus your efforts on the things that you are licensed or hired to do and consider employing someone else to handle your paperwork. If you have any doubt, ask yourself “What is the best use of my time right now?”

15. Instead of a to-do list, create a goal for the day. Throw out the to-do list that never gets done, causes you stress and frustration, and makes you feel like a failure. Instead, set yourself a single goal for the day.

16. Schedule free time. Find at least one day each week during which you do no work or business at all. You will get a better perspective on your work after you have time away from it.

17. Look After Yourself First. Exercise regularly, eat healthily and be around positive people. Feed your mind by attending personal development courses. Read self-help and motivational books, listen to tapes. Do the right thing by yourself and you’ll have heaps of energy, be motivated which in turn will help you be more productive.

Time management really can be easy. A fact! You are in control of your time. If you take away one time management tip, remember that good time management is about knowing what is most important and doing that the most. Do not forget the most important time management tip make time for yourself. You are no good to anyone if you are sleep deprived and miserable. We all deserve a little downtime, even if that means you have to schedule some time for yourself into your calendar each day. Your business, family and relationships will all benefit when your priorities are in order and you have balance in your life.

By following these simple yet very effective ideas you will have more control over your work and your life, experience less stress and be more proactive. All of these factors affect your general well-being, confidence and results.

Yes, these strategies are simple and you probably already knew what you need to do, you just haven’t done it yet. Isn’t it time you took action?



By: Guy Mendelson

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In today’s society we are constantly being presented with opportunities and suggestions that we can do everything ourselves and that it will save us money. This extends to business as well. Software companies are selling bookkeeping software to run your business, there are web site offering free advice for managing your business, and you can go to hundreds of websites to become incorporated at a fraction of the cost of going to a qualified professional.

Does a small business actually save money by doing these tasks themselves or do they inevitably cost themselves money, time and opportunity. A small business owner has to wear multiple hats including being the president and owner, the sales and marketing team, financial and accounting specialist, administrator, HR guru and technician.

The key to success for any business owner is to identify those tasks that are essential and productive to growing their business and seeking assistance for other tasks. The two most essential functions in any business are sales and operations – finding customers to sell to and providing them with the goods and services you are delivering.

All other functions of a corporation are non-core functions. This is not to say that they are not important. In fact having a good solid financial and accounting system is essential to understanding the performance of your business and then using this information to effectively manage your business and make informed decisions is crucial to your success.

Most business owners do not have the knowledge, expertise and/or training in these disciplines to perform these functions correctly. If they do have this knowledge and expertise, is their time better spent on growing their business and managing their operations or is it performing bookkeeping and financial administrative tasks?

I submit to you that the value of their time is best spent growing and managing their business. The realty is, when an owner is spending time away from focusing on the core functions of the business he or she has a direct cost that is associated with performing those tasks as well as indirect costs.

The direct costs are quantifiable and can be measured. The cost of an employee or the business owner managing his or her own books, running his payroll, filing sales tax or payroll tax reports, running financial reports, etc. multiplied by his or her hourly wages.

If a business owner spends 15 hours per month on bookkeeping, accounting or payroll tasks and their time is worth $50 per hour or more then the direct costs are more than $750 per month. If an employee is performing these tasks then all wages including benefits and payroll taxes have to be factored in as well as the time an owner spends managing and training the employee.

If the hourly wages for an employee including benefits, equals $25 per hour and a business owners has to spend an additional 2 hours each month managing and training the employee then the direct costs are $475.

The indirect costs are not as transparent or as easily measured but may be even more significant. The indirect costs can include lost sales opportunity, decreased efficiencies and higher expenses in operations, a decrease in customer service or overall quality of services or products being sold, simply due to the business owner having less time to spend managing the operations side of the business.

Indirect cost may even include mistakes due to an insufficient understanding of the subject matter, laws or filing deadlines. It may also include in an inability to access financing due to an improper corporate structure or poor financial reports that lack supporting backup documentation.

It has been our experience as a professional CPA firm that has looked at thousands of owner prepared financial statements that the vast majority of them are incorrect and in many instances have contributed to the failure of a business.

Finally, lawyers, CPAs and other professionals will typically spend more than a hundred thousand dollars investing in their education and learning to practice in their respective fields. They then have to pass a rigorous exam showing a proficiency and understanding of the knowledge in there respective fields. Most likely they will have dealt with hundred of clients and thousands of unique situations. This experience should not be minimized or dismissed.

When the investment of hiring a professional CPA is matched against the direct and indirect costs of not hiring a professional CPA, the decision will be a “no brainer.” By hiring a professional CPA firm a business owner realizes the following benefits: he or she frees up valuable time to manage their business; the bookkeeping is done correctly so that the owner has accurate timely financials to make informed decision; financials are available to a banker or venture capitalist when financing is required; the business owner stays in compliance with the tax laws.

At the end of the day a CPA firm will end being one of your most inexpensive but most valued members of your team. Not tapping into this knowledge and experience puts the business owner that is not utilizing these services at a disadvantage to their competitors who are making use of these services. The competitors that are utilizing these services and tapping into this experience are saving time, money and capitalizing on opportunities that will contribute directly to increasing both the top line – sales and bottom line – net income.

If you are not currently using a CPA and trying to go it alone, give a CPA firm a call and learn how they can put their experience and knowledge to work for you.



By: Richard Beauchemin

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Contrary to popular belief, QuickBooks training is not just for business owners and professionals who work in accounting. Although individuals in these two fields are the most likely candidates for taking a QuickBooks course, those who can benefit the most from taking the time to learn QuickBooks include office managers, secretaries, virtual assistants, and other professionals who work with budgetary concerns. In fact, adding your experience in QuickBooks training onto your resume is one of the best ways to set yourself apart as a potential employee. Whether you’re looking to find full-time employment or seeking to market your services as a freelancer, successfully completing a QuickBooks course can give you the edge you need.

 

What QuickBooks Software Can Do

 

For professionals, QuickBooks classes are a great supplement to an existing business education. Many of today’s top employers seek more than just a standard degree; they want to know that their future employees are dedicated to learning the latest technologies. They also want employees who know how to use the software their company relies on. QuickBooks training is a great way to prove your commitment to a lifetime of learning while fulfilling a needed role within the corporate walls. This is true whether you work as an employee or in the capacity of an independent contractor.

 

Independent contractors and business owners can also benefit when they learn QuickBooks because it is a great way to create accurate, professional reports. These reports can demonstrate income and expenses, business fluctuations, and patterns of spending. Provided in different graphs and charts that are compatible with a number of software applications, these reports are a great way of showing investors and partners how your company stands financially. The software also offers the ability to create estimates, notify billing dates, create invoices, and upload information from bank accounts.

 

Keeping track of all this information in a timely, consistent manner also means that you and your employer will have an easier time when tax season rolls around, since all your financial information is up-to-date and contained in one easy location.



Why Choose Professional QuickBooks Training

 

When you learn QuickBooks, you’re not just getting a way to streamline the process of accounting. Although having an accurate understanding of how to keep track of expenses using QuickBooks is key, there is additional value in making financial plans, expanding your client services, and even improving your marketability.

 

Like all types of software, QuickBooks is just a tool – a tool that requires education and skills before it can be used accurately and to its best potential. That’s why QuickBooks classes are essential for anyone looking to use the software in its appropriate capacity. Whether you want to increase your skills for entering the job market, train your accounting department to better utilize the QuickBooks software, boost your own ability to run your business effectively, or simply increase your skill sets when it comes to accounting, the right QuickBooks courses can go a long way in helping you to realize your goals.



Who Can Benefit

 

QuickBooks training is for just about anyone who is interested in taking control of business finances using the QuickBooks software. From small business owners and bookkeepers to virtual assistants and work-at-home moms, there is no limit to the age or educational background of prospective students. In fact, the training offered at companies like IAC University is designed for this diverse kind of audience.



Educational Formats

 

Fortunately, QuickBooks courses aren’t like the drudgery days of high school and college. When you choose a training course that offers learning on your own terms, you can get access to individual study options, live classes, online group classes, or even one-on-one attention from an experienced professional. No matter what your learning style, there is most likely an educational format that will help you to get the most information possible without disrupting your already busy lifestyle.

 

IAC University offers QuickBooks training to just this audience. With different levels of training, qualified instructors, and flexible class times, IAC is one of the leaders of providing professionals and individuals with the edge they need in understanding and using the QuickBooks software.

 

www.IACUniversity.com

 



By: Cindy Kue

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In the current scenario of economic crisis, small business owners are worried on what lies next after the dirt that’s raised by Fannie and Freddie, Lehman Brothers, ML and AIG. The latest to this list could probably be Washington Mutual.

As a small business owner you might not directly feel the heat of these large scale episodes, but all this is severely affecting all businesses across United States and other economies as well. The entire focus should be on tightening your business model, cutting any extra flab and being resourceful to tide over the current downturn.

If cost cutting becomes your primary agenda in sustaining this slump, “Outsourcing” is one avenue that cannot be given a miss. Small businesses might have ignored this option, but now it’s high time to embrace outsourcing otherwise it might prove difficult to survive. One can virtually outsource entire back office services to help survive this rising tide of liquidity crisis.

This definitely begins with taking a peek into your regular bookkeeping practice. Hiring staff would surely not be a favorable option. Doing the bookkeeping and accounting work yourself whenever you get some time or taking help from somebody you know and trust, usually a relative or a neighbor who does your bookkeeping for you; might give poor output. All this will cost precious time with no productive output for your efforts. The need to have instantaneous financial reports with complete accuracy is a must to strategize in the current environment.

Stop gap arrangement are dangerous since inexperience green horns handling your accounting work might prove fatal for your business. Hire an outsourcing vendor who provides experienced professional bookkeeper along with financial and accounting work. This could be your best bet since it is cost efficient compared to hiring in-house staff.

Small businesses need professional accountants but their services are too expensive so it’s better to hire an outsourcing vendor providing cost-effective accounting services and allow them to take your business to next level.  Hiring a part time bookkeeper can help you with basic tasks, while other crucial financial requirements get neglected. So search for an expert outsourcing bookkeeping service vendor who can offer you robust and quality services. A lot of these outsourced bookkeeping providers have switched over to online bookkeeping services that can be scaled up right from basic accounting to part time CFO/Controller services.

Be alert and recognize what your business needs before it’s too late. Hire a Financial and Accounting Outsourcing vendor to help manage all your bookkeeping, accounting, financial reporting and tax preparation needs. Partnering with an outsourcing vendor will save you the hassle of training, set up costs; or any infrastructural requirements while you gain a readymade team at your disposal as and when you need. Create a virtual support which you can access anywhere, anytime 24×7. Make your business sleek, compact while you grab time to concentrate on essential revenue generation activities.

Your accounting operation directly impacts the survival and growth of your company. If you don’t feel confident that existing environment will take your business to the next level, it’s time you brought in the professional bookkeeping and accounting experts immediately.



By: Mark Waltzer

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The most mesmerizing feature of Peachtree Training is its automated double-entry accounting system that consists a full-time audit trail and screen-level security settings, utilizing true period closing/locking to maintain appropriate GL accounts and journals which makes it reliable and user friendly. Converting customer quotes to sales invoices is rather easy and quick.

The payables module will show and support multiple transaction reports supporting electronic payments via EFT. The inventory management is quite strong, supporting costing control costing with the ability to set up to 10 price levels per item, along with tracking serialized inventory and assembled items.

Peachtree Premium offers the following features

Reporting & Management Functions

These functions include about 140 customizable reports and the ability to produce full financial statements and even consolidated statements for multiple entities.   Its budgeting tools and Management utility can support scenarios for individual business. Wage and contractor reporting forms maybe obtained through the system.

Import/Export/ Integration

This utility integrates with Microsoft Word and Excel for report editing and Outlook for contact management, also importing data from QuickBooks and exporting reports into PDF. Integration with Sage’s Time slips program is available for time-based billing, and remote access options are offered.

Peachtree Training offers several help & support options Peachtree Premium includes a built-in Guided Tour, in addition to more than 20 instructional demonstration videos to help in learning common tasks and functions. It also offers interactive such as “How Do I?” features for better interaction.

Relative Value

What the system offers here is excellent scalability, allowing the smallest of tasks to be started with a true, double-entry system and then gradually and easily move up to more power systems as their business needs build up along with communication tools that greatly empower small business owners to achieve stable financial control for their businesses.



By: Tom Herry

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Many people still associate outsourcing with manufacturing or global workforces, but it is much more.  Outsourcing is an efficient way to manage special projects or overflow, expand staffing resources, and grow your business.  Many businesses outsource critical business tasks that require specialized knowledge such as bookkeeping.

Outsourcing your bookkeeping is an effective way to manage a business critical function without incurring the expense of full time employees.  Heather Villa, CEO of IAC Professionals states “Clients have found that they save money by outsourcing bookkeeping.  They no longer have the challenge of growing and running a business and managing financial records, and tax deadlines.  It is far more cost efficient to pay a trained professional for their expertise rather than try to learn the task yourself or manage it haphazardly.”

In a Fortune 500 company, you are unlikely to find the CEO working in the mailroom or the Administrative Team putting together quarterly forecasts.  Companies hire people to do specific jobs based on their expertise.  Each employee contributes to the success of the organization by performing their specialty. 

Outsourcing Bookkeeping Services Can Save You Money

Small and growing businesses often make the mistake of failing to hire help because they don’t believe they can afford it.  Every business must manage a budget and no one has infinite resources.  But your budget is more than the tangible dollars in the bank; it’s also the value of your time.  As a business owner, if you spend 15 hours per month on bookkeeping you have taken 15 hours away from other activities.  Consider this example from a solo entrepreneur:

20 billable hours per week at $100 per hour = $2000

10 non billable hours per week (bookkeeping, admin) worth $45.00 hour = $450

If the entrepreneur outsourced the non-billable tasks she would gain 10 more billable hours or $1000.00.  Even after paying $450.00 for outsourcing, she gains $550.00 and is no longer burdened with a task outside her area of expertise.

“In addition to the financial gains, outsourcing your bookkeeping provides a peace of mind that the task has been expertly managed.   It is a critical area of your business and a missed deadline or accounting error can be costly” notes Villa.  Outsourcing your bookkeeping can be the smartest investment you make in your business.

If you have any questions about our outsourcing bookkeeping services, contact us  today.

IAC Professionals is a single source for contracting qualified professionals to assist you with your most critical business needs.   They offer a wide range of outsourcing solution which include Accounting, Virtual Assistants, Company Formation and Business Consulting.



By: Cindy Kue

About the Author:

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Every good thing has to start somewhere, and even QuickBooks Enterprise, the number one financial management software for mid-sized companies, originates from humble beginnings. As an introduction, QuickBooks Enterprise is a business software designed to automate and streamline various business processes to make things easier and work faster within a company. But how did it get to be the number one of its kind?

It all begins with Intuit

The humble beginnings of the QuickBooks Enterprise Solutions as well as other popular QuickBooks products such as QuickBooks Point of Sale can be traced to the history of Intuit. Intuit is the company that created and developed the QuickBooks Enterprise financial management software. The company was founded back in 1983 by partners Tom Proulx and Scott Cook. Intuit started out in Mountain View, California. Its first product was Quicken, a financial management software targeted to individual users. After the success of the product, the company thought to extend the same benefit to business owners and managers like you.

That was when QuickBooks was created, and soon, other business solutions followed such as the QuickBooks Point of Sale. These products touched not only on accounting matters but also streamlined the entire structure of the business. Now, the QuickBooks Enterprise Solutions package has played a key role in the success and growth of several mid-sized businesses.

When QuickBooks Enterprise was introduced

Upon the introduction of QuickBooks Enterprise, it was immediately greeted with a warm welcome especially from business owners who do not have formal training in in-depth accounting. The QuickBooks Enterprise Solutions took that responsibility off their shoulders. It did not take long for the system to claim up to 80% of its target market, focusing mostly on small businesses. To this day, the same dominance can still be attributed to the software, only this time, it has moved to the mid-sized businesses.

QuickBooks Enterprise: Further developments

The rise to fame of QuickBooks was not without stumbles. Professional accountants, unlike the business owners and managers, critiqued the system for deviating from traditional accounting purposes.

In order to develop further, Intuit used these critiques to turn the product around. Intuit responded to the accountants’ feedback by using them to improve the QuickBooks products. Thus, several other accounting features were added. Some of these were audit trail capabilities, double-entry accounting, industry-specific reports, and several other great features, most of which were added in the period between 2000 and 2003. During this time, a basic and a pro version of Enterprise QuickBooks were released to cater to varying levels of needs.

Now, however, several specialized versions are on the market, responding to even more needs. There are versions designed specifically for:



By: mike faraone

About the Author:

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