Distributed teams can be ideal for both businesses and workers. About 70 percent of people worldwide work out of the office at least once a week, and the freelance industry is steadily growing. Building a team of remote workers is a great way to save money on office space, and it allows you to select [...]
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Xero is a cloud-based bookkeeping system which makes it faster and easier to maintain your business from anyplace. With over 400,000 businesses utilizing Xero globally, the cloud-based bookkeeping system is changing the face of business operations. Xero bookkeeping currently ranks highest among the widely used accounting software in Australia, offering a full accounting package, including [...]
We mention bill automation frequently (because it makes running a business so much easier, of course). The ones we like the most for this purpose are Receipt Bank and Shoeboxed. There are currently 17 add-ons in the Xero marketplace that can automate your bills: Receipt Bank Entryless Expensify Datamolino Shoeboxed Hubdoc Xpenditure Invoice Smash PocketSmith [...]
What kind of financial maintenance do you need for your business? There’s a common misconception that data entry, bookkeeping and accounting are similar disciplines but each position performs different duties (with some overlap). The chart below identifies the different duties of these three roles. Set-up Enter Transactions Checks, reconciliations and end of year processes Payroll [...]