Reconciling the bank and credit card records with internal ledger entries is the standard procedure for cash management in any business. It is not only complex but also is arduous and is time taking process that requires focused efforts since accuracy is paramount in this process. If you are a small business owner who is […]

Bookkeeping and accounting that had been associated with, reams of papers, books and cabinet of files, binders a good 60 years back has come a long way with the help of technology. What started with simple paper, pen and pencil evolved into manual and digital spreadsheets, accounting software and today, cloud accounting – all in […]

Poor cash flow management is one of the most common reasons why the majority of the small businesses experience turbulence, de-rail and eventually fail. According to research, poor cash flow management is responsible for the failure of more than 82% of the businesses in the United States alone. If you are a small and medium […]

Quick Books is widely considered as a powerful accounting software applications available today for businesses of all sizes and types. By simplifying and streamlining the accounting and reporting, QuickBooks available now is different versions make the entire process of financial management simple. We folks at Outsourced Bookkeeping use it extensively for our bookkeeping and accounting […]

The tax filing season has begun and 1099 reporting is soon approaching its deadline. And our accounting team at Outsourced Bookkeeping has successfully helped hundreds of businesses get over the line with accurate and efficient 1099 reporting in shortest possible time. Our accounting team has significantly cut the cost, saved time, got rid of the […]