Worst Productivity Advice for Solo Practitioners

By | Accounting, Business Growth, Growth, Small Business

by Shuyi Shang, Accounting Community Manager at Bento for Business   A lot of productivity advice out there is written for business owners with at least one employee or startup founders out to create the next life-changing app. Plus, there’s a lot of advice floating around out there. Not all of it applies to solo practitioners happily providing a valuable service like bookkeeping or tax prep. Here are some of the worst tips I’ve seen…

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23 Resources that Fuel the Most Effective ProAdvisors

By | Accounting, Growth, Small Business

by Shuyi Shang, Accounting Community Manager at Bento for Business   If you’ve been in business longer than five minutes, you’ve realized that succeeding as a ProAdvisor isn’t just about being a stellar bookkeeper or accountant. You’ve also got to be able to sell, set prices, schedule appointments, keep your client pipeline full – and more. Wearing so many hats can eat away at your actual accounting work until you feel like you’re barely doing any…

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Keep your receipts! Credit and debit card receipts are still important

By | Accounting, Education, Guest Post

Stephanie Thomas is a certified public accountant (CPA) with expertise in state and local tax (SALT) issues. She wrote this guest post on why it’s important for you to keep a good record of your receipts. Picture it! The time: Tomorrow. The place: Anywhere, USA. A taxpayer is being audited by a state taxing authority. Everything is in order except for one thing: the auditor wants you to prove that sales tax was paid when your…

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5 Things Sole Proprietors Should Automate or Outsource ASAP

By | Accounting, Business Growth, Small Business, Software, Strategy

by Shuyi Shang, Accounting Community Manager at Bento for Business   One of the topics that comes up most when I talk to our CPA and accounting clients is time: they want more of it. But the universe is stingy. So I decided to ask some people who always seem to get stuff done on time what they recommend. Turns out, it’s two things: automation and outsourcing. Here are five things you can automate or…

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The Post-Tax-Season To-Do List that Will Transform Your Practice

By | Accounting, Business Growth, Small Business

Tax season’s in the rearview mirror, which means a lot of us are breathing a sigh of relief and enjoying some well-deserved down time. That’s great. But before you jump back into business as usual, it’s important to take some time to reflect on your business – especially if this past tax season made you want to pull out your hair. Most solopreneurs don’t make time to do this because they’re so busy keeping up with…

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8 Unconventional May Getaways to Help You Recharge

By | Accounting

by Shuyi Shang, Accounting Community Manager at Bento for Business   March and April suck. How do I know? Tax season. I work with accountants and CPAs every day, and recently you guys have just been…MIA. But hey! It’s finally, officially over, and I have great news. May is maybe the best time of year to travel in the US, especially if you’re looking for a relaxing holiday (and I bet you are). It’s post-spring…

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Fraud Alert: 10 Ways You’re Making it Easier for Employees to Steal from You

By | Accounting, Employee Theft, Finance, Small Business

Whether or not you’ve stopped to think about it, small businesses are more vulnerable to internal fraud than their larger counterparts. This is because small businesses… Typically don’t have a budget for fraud detection. Rarely have official policies in place for handling funds, checks, reimbursements, and bills. Often rely on trust rather than clearly defined documentation, rules, and consequences. These attributes have real-world consequences. The Association of Certified Fraud Examiners found that the median fraud-related…

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5 Fraud Prevention Strategies for Small Businesses on a Budget

By | Accounting, Employee Theft, Employees, Finance, Small Business

Preventing fraud may not be top-of-mind for most small-business owners, but accounting professionals understand that fraud is a real – and potentially costly – risk. In fact, the Association of Certified Fraud Examiners (ACFE) found in 2016 that the median fraud loss at businesses with fewer than 100 employees is $150,000 – the same as it is for businesses with more than 10,000 employees. The implications are staggering. While a loss of $150,000 is never helpful, larger businesses…

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Using QuickBooks Desktop? Import your Bento transactions!

By | Accounting, Bento Tips, Company News

You asked, we listened (always). You can now seamlessly import transactions from Bento for Business into QuickBooks Desktop! Transaction Pro Importer has created custom mapping for Bento users to import Bento transactions into QuickBooks Desktop (Pro, Premier or Enterprise). If you use Transaction Pro Importer already, go ahead and try it today! Simply download your transactions in CSV format in Bento, load it into your Transaction Pro Importer, and follow the step-by-step prompts. Here’s the…

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Winners of the Bento Holiday Giveaway: Dec 19-24!

By | Company News

Happy Holidays! The Bento Team wants to send a big thank you to everyone who participated in our Holiday Giveaway, and we’re excited to announce the final group of lucky winners, from Dec 19 – 24!   Competitive Network Management LLC, Dearborn, MI Amazon Echo Dot, 2nd Gen Lauten Construction Company, Purcellville, VA Starbucks Gift Cards ($45) OpenCollective, Inc., San Francisco, CA Amazon Fire Tablet 7 Driftwood Associates LLC, Jupiter, FL Sony wireless speaker (XB10)…

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