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Thought Leadership from the Leaders in Virtual Accounting and Bookkeeping Services
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27, May
2019

5 Tips to Get Clients to Pay on Time

We are generally industry agnostic when it comes to the clients we serve, but we count a significant portion of our clients from the professional services industry. As such, we have developed deep understandings of specific concerns that those in the professional services industry experience frequently, such as the payment cycles of clients. From late paying to non-paying, we know that getting clients to pay bills is a particular pain point in the services industry.

For example, you get to the end of a project, send the invoice, and you wait. Weeks pass, and you still don't have anything to show for your work. Late client payments do more than throw off your company's accounting — they could also cause major stability problems for your business. Entrepreneur reports 82 percent of small and startup business failures result from issues with cash-flow management. Use these five tips to get your invoices handled on time.

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16, January
2019

Accounting Tips: Understand Differences Between Divisions and Classes

The ability to sort accounting transactions by user-defined divisions and classes in QuickBooks is a great way to.

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24, July
2018

First-Time Contractor's Guide to Completing the CAS Disclosure Form

Government forms - they're a given when you work as a government contractor, but that doesn't make them any easier.

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25, April
2018

4 Accounting Tasks You Should Do Each Week

Strong bookkeeping and financial accounting records are essential for the success of any business, big or small..

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13, February
2018

5 Signs That Your Business Has Outgrown its Accounting Software

 

As a business expands, a competent CEO realizes that the previously reliable accounting system has become a.

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21, November
2017

Looking Forward: The Age of Cryptocurrency in Accounting

Cryptocurrency (e.g. Bitcoin, Dogecoin) has become a hot-button issue in the financial and technology industries as.

8, September
2017

Telecom, Travel and Technology: What to Consider When Managing the Three T's of Expense Management

Managing a profitable company is all about controlling costs enough that revenues outpace expenses and margins are.

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