As a small business owner, you might be a born entrepreneur, but you’re less likely to be a born accountant. so it’s possible that you’ll find bookkeeping a tedious distraction, especially when your focus lies with building your brand and growing your business. Small businesses all over the world are turning to online bookkeeping services to keep on top of their accounting, payroll, on-boarding [...]
Role of bookkeeper in a company is indefinable. Whether it is recording entry on the books of accounts, calculating taxes or preparing bills, the bookkeeper does it all in a few minutes. There are endless benefits by picking the best bookkeeping services if you have a small business. Bookkeeping firms offer many accounting software solutions at reasonable rates. These solutions can handle all the [...]
Benefits of cloud accounting for small and large organizations Development of technology has made the workflow easier than before in each company. Whether it is the preparation of cash flow statement of bills, small and large business owners have got an array of latest cloud-based tools for handling accounts. Let us first discuss what is cloud accounting? It is the management of accounting tasks [...]
From pen and paper to digital convenience we can make it happen! How to Choose an Invoicing Software for your Business Let us help you make invoicing and billing a simple task with cloud based software for small business. At The Red Bench we handle all aspects of invoicing, from bulk invoicing and setting up repeated invoices, to [...]
Xero Add-Ons We Love Xero is one of the best cloud accounting software packages. We’ve been using it for years and it’s fair to say we like it A LOT! One of the really cool features about Xero is that it allows users to integrate with hundreds of add-on apps. Here's a list of Xero Add-Ons We Love. Vend: Inventory [...]
From pen and paper to digital convenience we can make it happen! Say No To The Spreadsheet When helping a new client I am always surprised to see the sheer quantity of business owners that do their own bookkeeping using a combination of a box of receipts and excel. So, what’s holding them back from using an accounting [...]
Year end is approaching. It's a good idea to make an early start on tidying and preparing your accounting information. Understand your obligations You need to start preparing your business accounts towards the end of the financial year so that they’re ready for tax filing and form submission. For many businesses, that’s the end of the calendar year too. And December can be [...]
Stay up to date with the latest news and legislation about sales tax. Here are the basics. Nexus A nexus is when a company maintains a permanent or temporary presence within a particular state. If your business is headquartered in Chicago, for example, you would need to collect sales tax from customers in the state of Illinois. This is called a substantial nexus. You [...]
Fall is in the air – and just like farmers around the country, Intuit® is “harvesting” new apps that integrate with QuickBooks® Online (QBO). Here is a sampling of some of the new apps: Team Pay: Enables your employees to request, approve, pay for and reconcile all of their purchasing into QBO, automatically through virtual VISA cards issued in Slack. integraRental: Rental software solution [...]
Dominate 2019 with using cloud accounting and a bookkeeping team that can help streamline your bookkeeping processes. As an entrepreneur, you’ve got big dreams and ambitions. It’s time to get a financial team and modern bookkeeping system to match those ambitions. It's time to get a fresh start with Red Bench Financial. What do we mean by that? Too many entrepreneurs want [...]
