Category do bookkeeping.

Entries 15 Total

WinWeb’s Free Online Accounting Software Now With Cost Centre Functionality.

Nov 19, ’07 7:57 PM

WinWeb has just updated their OnlineOffice accounting module, to include cost centre functionality.This allows you to "tag" expenses to products, departments, services or projects - giving you the opportunity to analyze the true cost of a department or any project.... This functionality is free of charge along with the 24/7 live support for all of WinWeb's software products - another reason to sign up to LiveNet of OnlineOffice for the free 30 days trail, if you do not like or need the full OnlineOffice functionality, you can use the accounting module, including the cost centre functionality, free of charge forever.This will give you financial information to make even better decisions.

Comments · Email this · Share on Facebook · Tweet · Permalink

Q & A: What questions should I ask my accountant before I start my business?

Nov 1, ’07 9:29 AM

Choosing an accountant/CPA is probably one of the most important decisions to get right, because you are unlikely to have an accountant's grasp of taxationcompany lawdealing with the tax authoritieswide range of knowledge about small business.You need to make sure you find an accountant/CPA who concentrates on small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants before you make any appointments.Another aspect is size, make sure you are not "one among millions" sort of speak, smaller accountants practices are often more in tune with your small business needs, because they are a small business too.Here are some questions I would be asking when starting out with a new business venture: Should I start my business as a sole-trader, partnership or limited liability company?Can you help me to find and raise finance? (Read about bootstrapping first!)Will you help me with setting up my cash-flow forecast?When do I need to register for VAT (UK), GST (Australia) or when do I need to charge sales tax (US)?Am I ready to start trading, or should I wait?Do I need to choose my financial year and trading year end date?Are you going to do my bookkeeping and accounting work?Will you work online with me, so we both can be up-to-date with my business progress?Will you deal with my employment issues, pensions, annuities and insurances for me?Will you help me to understand more and more of these issues myself, and will you be available for advice if and when I need it?There are many more issues to consider and they depend on your business, that is where your accountant will help you too.

Comments · Email this · Share on Facebook · Tweet · Permalink

Q & A: What are successful cost-cutting solutions in small business?

Oct 18, ’07 11:49 AM

Let me give you some pointers here, but please remember you can always do more on the cost-cutting front in any small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer- or Personal business, like professional, contractors, freelancer, self-employed, sole-trader and virtual assistants.... Or have it done on a results basis, doesn't cost you time and gets you money back.Do credit control - get your money in lower your bank overdraft cost and charges.This is only a short list of what you can do, but it's a start.

Comments · Email this · Share on Facebook · Tweet · Permalink

Bookkeeping for Small Business

Oct 12, ’07 6:33 AM

More important than that, you will learn new things about your business: You may have higher (good) or lower (bad) sales, than you expected?Your cost in your business may be higher (bad) or lower (better) than you expected?Your cash-flow may be better or worse do to the above two points?You may need to outsource some business processes to lower your fixed cost structure, to make your business more recession proof or just more profitable?You may need to ramp up your sales and marketing activities for your small business products or services?You may also have to adjust your SWOT analysis and your business goals?You will be surprised how creative you can be, once you know about and understand a problem in your business plan.... There is no excuse not to do it, all the tools are available for free, for anyone.If you feel the initial process of business planning is too much for you, than get your accountant or bookkeeper to help you to set your cash-flow fore-casting, SWOT analysis with you, doing it online will give you strategic advantages, like you can work with your accountant or bookkeeper in real time in different places, this lowers your cost, no time wasted and is good for the environment.I would like to make one more point here, the aim of all this planning is not to get it spot on - no, the aim is to understand what is happening in your business, that is why you should be doing it.

Comments · Email this · Share on Facebook · Tweet · Permalink

Managing A Small Business In A Recession

Oct 10, ’07 6:01 PM

The government set out it's plans to get small business owners to pay more tax, they increased capital gains tax by 90%.... Keep your fixed cost down, make sure you have reserves, keep up with your credit control, here I had to help him with most answers.I've been talking about "bootstrapping" or "cost-cutting" for a long while now, with business planning as an additional tool, to combat any surprises.

Comments · Email this · Share on Facebook · Tweet · Permalink

SaaS Benefits for Business Start-Up and Small Business

Aug 28, ’07 3:17 PM

ClimateByte™ TechnologyOur environment is in trouble - by using our on-demand Small Business Infrastructure™, you can help to reduce your carbon footprint and help our environment - we are dedicated to develop our future products and services with this in mind.Our Software as a Service products provide your small business with a on-demand Small Business Infrastructure™ helping you to concentrate on your business, while we run your office and IT. This makes your business more mobile and competitive while saving you time, money and helping the environment.When you run a small business and personal business, like contractors, freelancer, self-employed, sole-trader and virtual assistants you probably benefit even more from using SaaS technology - program your business for success.

Comments · Email this · Share on Facebook · Tweet · Permalink

Small Business Infrastructure For Business Start-Up.

Aug 28, ’07 12:42 PM

WinWeb On-Demand Software Solutions - Anywhere At Anytime.AccountsOffice and OnlineOffice are our two software offerings, which are based on the SaaS - Software as a Services model, to allow for the following key business benefits:• tight inclusion of business advisors from the start,• cultivating outsourcing techniques at the outset, i.e. virtual assistants,• no IT knowledge needed and hassle free operation,• real-time multi-user access from anywhere, increasing mobility.2.... WinWeb Live - Networking Community for Small Business Only.To foster collaboration and outsourcing we have expanded our WinWeb Live™ offering to allow for small business community networking - thus enabling the business owner to make decisions about his / her current needs, with the following benefits:• timeshare virtual assistants for professional results,• offer contracts of work to contractors on a case-by-case basis, • promote the business to a large audience or even locally,• find new work and contracts online4.

Comments · Email this · Share on Facebook · Tweet · Permalink

Small Business Failure – Reason: Management Control

Aug 28, ’07 12:41 PM

You can pick and choose what you do work-wise everyday, you can not pick and choose what you should know about and make decisions about - this is your business, not your staffs business - act like it.Am I running my business or is it running "itself"?... When I hire people I always hire people who do something better than I, but you have to stay involved.You can see other reasons for small business and personal business, like contractors, freelancer, self-employed, sole-trader and virtual assistants failures in my Health Check Category, if you can add to this list please do so, I would welcome your comments.

Comments · Email this · Share on Facebook · Tweet · Permalink

Small Business Failure – Reason: Cash-Flow

Aug 24, ’07 11:37 AM

Check your cash-flow each time before you make a bigger purchase or hire staff which is not in the plan, you will quiet easily see if you can afford to do it or not.How much reserves does my business have?... On those terms you should get an overdraft, even if you do not need it, so if something unexpected happens you got the cash-flow reserve.The importance of your cash-flow situation can not be overestimated, as long as you can pay your bills you are in business - as the saying goes: Cash Is King!You can see other reasons for small business and personal business, like contractors, freelancer, self-employed, sole-trader and virtual assistants failures in my Health Check Category, if you can add to this list please do so, I would welcome your comments.

Comments · Email this · Share on Facebook · Tweet · Permalink

Small Business Failure – Reason: Fixed Cost

Aug 23, ’07 9:37 PM

Even if you have staff - outsourced of employed - doing your bookkeeping and organize the payments for you, you need to make the decisions of when your suppliers get paid, so you can control your cash-flow.There are many more questions you could ask yourself, here I just wanted to get you going. If you have any more issues or are uncomfortable with any of your costs and answers to the above questions, then you should get some professional advice.Running out of money is the reason most small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal businesses fail, not controlling your fixed costs is one of the main reasons for this.

Comments · Email this · Share on Facebook · Tweet · Permalink

Follow us on:
WinWeb Business Cloud - Creating Financially Sustainable Businesses