Accounting

Accounting
02/23/2022

Why Our Accounting and Bookkeeping Services are Right for Your Small Business

On average, small businesses spend 120 working days on bookkeeping and administrative tasks. Put more hours back in your day and refocus your resources by outsourcing booking and accounting services for your small business. At The Office Squad, we strive to provide business owners with the support they need to make their businesses a success.…

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Accounting
10/19/2021

Should You Outsource Accounting and Bookkeeping Services?

For as long as money has existed, so has bookkeeping and accounting. These two functions keep a systematic record of your organization’s information, allowing you to accurately record and forecast financial performance. Up-to-date records facilitate decision-making for management and are also a legal requirement in some instances. But let’s face it, bookkeeping and accounting aren’t the…

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Accounting
10/05/2021

Is A Bookkeeping and Accounting Franchise Right for You?

Even as the nature of business evolves, two business support services will always be in demand: bookkeeping and accounting. If you’re considering starting a bookkeeping and accounting business, you probably envision starting it from scratch. While this is an admirable endeavor, there’s another option that offers all the advantages of your own startup without the stresses:…

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Accounting
08/24/2021

QuickBooks Tips to Make Your Accounting Easier

If your accounting feels time-consuming, redundant, or too complex, learning valuable QuickBooks tips makes it easier to manage your finances. Whether you’re a new or experienced QuickBooks user, there’s always something you can learn to encourage more effective accounting practices. Check out these time-saving QuickBooks tips. 1. Don’t Skip the Tutorial You may think that…

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Accounting
01/19/2021

Accounting in Las Vegas: Preparing for the 2021 Tax Season

With many individuals and business owners already facing unprecedented financial strains, making sure you’re prepared to file your 2020 taxes will help you preempt any possible issues. Finding a professional to help with your accounting in Las Vegas is a great first step. However, it’s also a good idea to understand some of the changes…

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Accounting
04/09/2020

The Difference Between Accounting & Bookkeeping Services with TheOfficeSquad

Negative cash flow is a major contributor to a majority of failing businesses. However, cash flow problems do not necessarily mean that a business is not profitable. They often arise due to inadequacies in balancing the inflow and outflow of money, ensuring that the business has enough cash for key activities at any given point.…

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Accounting
02/20/2020

The Hidden Costs of In-house Bookkeeping & Accounting

All businesses need accounting services. If yours is growing, you might be torn between maintaining an in-house accountant or outsourcing. Although the former might appear convenient, it also has some hidden costs that you can eliminate by outsourcing. 3 Common Costs Associated with In-house Accounting Before hiring an in-house bookkeeper, you must consider both the…

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Accounting
10/30/2019

5 Tips on How to Fill Out an Invoice for Faster Payment

Did you know that 99.9 percent of all businesses in the United States are classified as small businesses? If you’re running a business then you need to get paid for your goods or services. In order for payment to take place, you must invoice those who owe you. Your invoice needs to be clear and…

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Accounting
10/26/2019

A Short Guide to the Best Quickbooks Versions for SMEs

80% of small businesses use QuickBooks, with 29 million small American businesses using the software. Every business needs an accountant, and in our digital age, it’s easy to download a trustworthy software. But to find the most suitable version of QuickBooks for your business, we must look at the different QuickBooks versions. What is QuickBooks?…

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Accounting
10/26/2019

A Short Guide to Small Business Tax Credits

Running a business costs money…lots of it. If you’re looking for a way to reduce those costs, you could find them in tax reductions. Governments reward small businesses with tax credits for activities like fighting climate change, improving the economy, and enhancing the lives of employees (through things like providing benefits). Here are some business…

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Accounting
09/27/2019

Should You Outsource Accounting or Hire In-House?

As an entrepreneur, you’re going to need someone with proper accounting experience. Not only will this help you manage your company’s finances, but you’ll also be able to improve your efficiency from year to year. It’s not always obvious, though, whether you should hire a new employee for the role or outsource these obligations to…

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