Category Archives: Accounting

Six Business Topics and Trends to Study for 2014

Posted on January 9, 2014 by lorriallen-sc

Happy New Year! The New Year brings new areas to benefit from and be aware of. You’ve likely heard these topics mentioned in the news. The question is, have you stopped and thought about how they will be impacting your … Continue reading →

Posted in Accounting, Business Development, Business Tips | Comments Off

Five Tips to Get Ready for a Pain-Free Tax Time

Posted on November 14, 2013 by lorriallen-sc

With the holiday season just around the corner, it’s a perfect time to get your financial records in order. Tax moves you make now can mean finding more “green” to spend on family gifts and festivities. Here are five quick … Continue reading →

Posted in Accounting, Bookkeeping Tips, Business Tips, Cost-Savings Tips, Expense Reduction Tips, Management Tips | Comments Off

Five Best-Practice Accounts Payable Tips for a Smoother Cash Flow

Posted on October 31, 2013 by lorriallen-sc

Watching the cash balance is one of the most frequent activities of a small business owner. Besides making sure you have enough cash for payroll and bills, there is another huge opportunity you can benefit from: lowering the cost of … Continue reading →

Posted in Accounting, Bookkeeping Tips, Business Tips, Cost-Savings Tips, Management Tips | Comments Off

Do You Know Your Small Business Vitals?

Posted on September 5, 2013 by lorriallen-sc

On a doctor’s visit, the first thing the nurse does is take your vitals: your temperature, blood pressure, pulse rate, and respiration rate. These basic measurements are the first place doctors look to see if something is wrong with our … Continue reading →

Posted in Accounting, Bookkeeping Tips, Business Development, Business Tips, Management Tips, Profitability Tips | Comments Off

What Does Popeye Have to Do with Accounting?

Posted on August 8, 2013 by lorriallen-sc

You might have heard the terms “cash basis accounting” or “accrual accounting.” Your net income number can change depending on which method your books are set up for. Here’s a simple explanation of the difference, with a little help from … Continue reading →

Posted in Accounting, Bookkeeping Tips, Business Tips, Expense Reduction Tips, Management Tips, Profitability Tips | Comments Off

Mobile Accounting

Posted on July 25, 2013 by lorriallen-sc

If you are the type of person who loves mobile apps, texting, and getting your email on your phone, then you’re in for a treat: accounting has finally come around to your smartphone. Here are a couple of great developments … Continue reading →

Posted in Accounting, Bookkeeping Tips, Business Development, Business Tips, Cloud Accounting | Comments Off

Budgeting Breakthrough

Posted on July 11, 2013 by lorriallen-sc

When you hear the word “budget,” what do you think about? Most people would say something similar to “Ugghh!” If you would rather do just about anything besides create a budget, you’re not alone. The word “budget” brings up connotations … Continue reading →

Posted in Accounting, Bookkeeping Tips, Business Tips, Cost-Savings Tips, Decision-Making Tips, Expense Reduction Tips, Profitability Tips | Comments Off

Need an A/R Makeover? A Quick, 5-Item Best Practice Checklist

Posted on June 27, 2013 by lorriallen-sc

Technology has allowed businesses to make substantial improvements in their customer invoicing processes. The good news is that when you implement these technologies, you will almost always get paid much faster. If it’s been a few years since the last … Continue reading →

Posted in Accounting, Business Tips, Cost-Savings Tips, Profitability Tips | Comments Off

Is Hosted QuickBooks Right for You?

Posted on May 16, 2013 by lorriallen-sc

If you are currently using the popular QuickBooks desktop software, you now have a fairly new option available to you: hosted QuickBooks. In this article, we’ll talk about what it is, what type of businesses it’s right for, and how … Continue reading →

Posted in Accounting, QuickBooks Help, QuickBooks Software | Comments Off

What Is Cloud Accounting?

Posted on April 4, 2013 by lorriallen-sc

One of the most exciting changes in the accounting industry is cloud accounting. The concept is easy to grasp: cloud accounting simply puts your accounting system in a private space online so that it is fully accessible to you via … Continue reading →

Posted in Accounting, Business Development, Business Tips, Cloud Accounting, Cost-Savings Tips | Comments Off