Today, it’s more important than ever for small business owners to focus their attention on sustaining and growing their businesses. For most SMB owners, managing accounting functions is simply a distraction from what they need and love to do. And few small businesses use accounting tools proactively to better manage their business finances.

And you know well the consequences for you and your clients. You spend a significant amount of your time fixing the bookkeeping errors that clients make, and perhaps more alarmingly, your clients using DIY (Do-It-Yourself) accounting systems limits your ability to provide them with timely strategic insights based on their financial situation. In these challenging times, your clients need the very best advice you can provide, but their choice of software can limit your ability to do so.

In short, the current situation creates pain for both you and your clients.
In this ebook, we’ll examine:

• why DIY accounting systems created for small businesses cause undue pain for both small business owners and for accountants
• how Client Accounting Services can not only eliminate that pain, but also open up new opportunities for accountants to better serve their clients
• eight features to look for in a professional accounting system to ensure CAS success

Digital transformation (DX) is not a destination or a journey; it is a technology-enabled philosophy. A belief system for seeking improved outcomes using technology to digitize data and activities. Once you embrace this definition, you’ll realize that you are already following it by way of the IT, telephony, software, GPS and devices used in your business today.The question then changes from ‘What can DX do for my business?’ to ‘How much can DX improve my business?’

Traditionally, payroll has been considered a low-margin service. But the reality is that many accountants are making more money per hourof their time with payroll services than their peers are making from tax, accounting, or audit.

What’s their secret? In this ebook, we’ll present a series of additional tips for elevating your elevating your payroll practice.

Let’s get started! 

Expense tracking that informs business strategy

Your business needs expense tracking if you ever wish to meet your financial goals. Your business expenses are the key to understanding what it takes to run your business and maintain profitability.

You need to manage and track your business expenses in order to:

1. Keep the lights on—literally and figuratively

2. Establish a healthy business credit score

3. Determine profits after revenue

Tracking your business expenses is so much more than just making sure you can cover your accounts payable or finding receipts when tax season arrives.