Category do bookkeeping.

Accounting and Accountants for Business Start-Ups and Small Business

Do you want to:Do you just want to collect your receipts and other documents and than hand it over to someone else?Are you happy to fill in a simple online forms and have the double entry done by an bookkeeper or accountant?Or do you want to do the accounting yourself and have the accountant prepare your tax-returns for you?Each of these options is OK, as long as you do not relinquish all your responsibility to the other party when you outsource.... then their are products on the market that can help you, one of them is our AccountsOffice- Lite Edition ( currently still called CashBook), for a full tri-ledger accounting system you can use our AccountsOffice Standard Edition, both of the single user versions are free BTW.For small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal business, the only way to go is online - I'm sure you think I would say that - but consider this.

Online Accounting for Small business and Start-Ups

Also it simplifies things for entrepreneurs as they donít have to spend so much of time saving and updating their accounting books.Specialized accounting and cash flow solutions for small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal businesses, allow the employers and employees time to focus on core productive activities rather than spend it maintaining accounts and on financial management.... "The fact that data is offsite, safe and secure is one of the main benefits of managing your accounts online, but it also means that you can work from anywhere or at any time," commented Michael Turner, general manager Tallia on the advantage of online accounting for small firms.

Why businesses fail and go bust!

While the government passed the Late Payment of Commercial Debts (Interest) Act 1998 to protect the rights of businesses, not many businesses actually use it.Small business, like home-, micro-, lifestyle-, mobile-, SME-, SMB-, SOHO-businesses are losing out due to the chaos created in their cash-flow but also on precious funds that they could have charged clients for late payment.... They are effectively financing their clients business and should charge interest on money owed in excess to what their bank charges the business.You can always outsource your bookkeeping and credit control function, use a virtual assistant and WinWeb's On-Demand Small Business Infrastructure approach to solve this problem - you want to stay in business (?)

Not all accountants are created equal (how do you choose an accountant)

This is where I would definitely look for an accountant who belongs to a professional body, and holds a current and up to date practicing certificate, at least this way I would know this ‘stranger’ has gone through a certain standard of training and will have had to achieve a minimum level of experience before being admitted to membership.... In summary, if you know someone who uses an accountant they are happy with meet them first, next find an accountant who understands your industry and finally if you have to make a selection on your own, then meet and interview at least three accountants before making your choice, remembering their membership of a professional body affords you some protection.

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