Top 5 Tools to Help Accountants Manage Clients More Effectively
Gone are the days when bookkeeping for small business, planning and budgeting revolved around physical ledgers, or even excel spreadsheets. While accountants are naturally going to be drawn to processes which allow them to really get into numerical detail and work with complicated formulas, these days there are so many tools available that allow for […]
Using QuickBooks Desktop? Import your Bento transactions!
You asked, and we’ve delivered (as 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 […]
The 5 Best Ways to Grow Your Accounting Business
To be honest, many of your clients and potential clients probably don’t think that there’s much of a difference between one accounting business and the next – as long as their books are done and taxes filed without any issues from the IRS. Unless you offer extremely specialist services, in order to get new […]
Great Accounting Conferences for 2020
Accounting conferences can keep you up-to-date on the changes in your profession, help you develop important industry contacts, and give you continuing professional education hours. There are a lot of great conferences all over the US. Some cover specific industry issues or specific accounting platforms, others are of more general interest. Check out this […]
17 Red Flags Your Client Is Hiding Something
Part of the job of any bookkeeper or tax preparer is to keep an eye out for fraud. Ignoring warning signs in a client’s finances could leave you on the hook for charges related to tax fraud, which could lead to fines, loss of your license to practice, and even (in extreme cases) jail time. […]
Worst Productivity Advice for Solo Practitioners
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. […]
5 Things Sole Proprietors Should Automate or Outsource ASAP
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 […]
The Post-Tax-Season To-Do List that Will Transform Your Practice
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 […]
8 Unconventional May Getaways to Help You Recharge
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 […]
Fraud Alert: 10 Ways You’re Making it Easier for Employees to Steal from You
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 […]
5 Fraud Prevention Strategies for Small Businesses on a Budget
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 […]
Engagement Letter Lingo – Say What You Mean!
Susan Pruskin, a Top 100 QuickBooks ProAdvisor who writes for ClockShark, created this helpful post on how to write good engagement letters. (It’s harder than you think!) An engagement letter is an absolute necessity in any service business. Your client must know exactly what to expect from you. Words can be tricky little things, especially […]
What’s Keeping Accountants Up at Night?
Accounting is an interesting, complex and often rewarding career, but being responsible for the financial ins and outs of a business, no matter how large or small, is bound to be the cause of some pressure. If you’re an accountant, then chances are you’re being kept awake at night by some, or even all, of these […]
Independent Accountant vs. Working for an Accounting Firm: What’s Right for You?
Are you a qualified accountant considering whether to strike out on your own? As with any industry, there are pros and cons of working for yourself as well as working as an employee. To make it easier for you to decide, we thought we’d look at the pros and cons of each option for you: […]
