Tag Archives: accounting

Purpose of corporate accounting and preparation of finances

Accounting services for companies are usually made available to various companies by independent auditing firms. The process by which these services are provided is known as outsourcing. Bookkeeping can definitely be a difficult task for new entrepreneurs who have no knowledge or experience of it. Do you know how to …

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Importance of accounting services for small businesses

Bookkeeping is a task that requires special attention and accuracy from the person performing the work. The small business owner needs to be more careful when it comes to keeping proper financial records as the growth of the business largely depends on it. A small mistake can sometimes become a …

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Accounting Services Accounting Service Outsourced Accounting

Contrarian Consulting is an outsourced partner for accounting, payroll and compliance tasks in India. By considering the complexities of the accounting, tax and regulatory environment and the availability of appropriate resources to address significant challenges, we created Contrarian Consulting to provide our clients with compliant and cost-effective services. We are …

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Record keeping and basic accounting

What to avoid when budgeting and what to strain your money with the right financial planning. Proper inventory management to save money and get more profit. Basic accounting for entrepreneurs. How to limit stock losses due to stock wastage, breakage and spoilage. introduction Many companies fail due to insufficient or …

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payroll accounting and tax administration

Payroll and tax administration services are among the comprehensive services that PEOs (professional employer organizations) offer to client companies. PEOs provide comprehensive human resource management solutions. The other solutions offered within human resources management include human resources administration, employee benefits administration, employee compensation, risk management and support, legal and regulatory …

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Comparison between manual and computerized accounting

Accounting is a basic slogan of every company. Without the practice of accounting, it is difficult to be effective in your business. It basically helps you monitor the transactions taking place and ensure that all the spending makes sense. Accounting will help you reduce unnecessary expenses and increase the profit …

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Benefits that accounting outsourcing can bring to your business

Outsourcing of accounting is one of the outsourcing areas that are rapidly diversifying. It seems that the traditional process of hiring accountants is becoming obsolete. Perhaps there will be a day in the future when all companies in all industries will only use outsourced accountants. Complicated accounting functions such as …

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Why we all need accounting software

There are many reasons why companies choose not to install dedicated accounting software. These include perceived costs, concerns about complexity, and a gut feeling that piling receipts in a shoebox and handing them to an accountant at the end of each year should be enough. The truth is that while …

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Accounting tips for small businesses

It is important to keep a clean ledger of your business for tax purposes. This will save you a lot of trouble in the near future. Bookkeeping is the process of keeping all the records and transactions of a business. Transactions that are tracked are income, expenses, profits, net profits, …

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How online accounting services are helpful for small businesses

The World Economic Forum Meeting (WEF) 2016 was an absolute eye-catcher. Industry experts, economists and many other eminent figures present there brought to life the theme of the Fourth Industrial Revolution around the globe. It illustrated an essential fact, namely that updated technology will change our way of life, work …

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About MYOB – Mind Your Own Business accounting software

If you are looking for accounting software for small to medium sized businesses, you have several options to choose from. MYOB has a large market share in the Australian, New Zealand and UK markets and has now successfully entered the US market as well. MYOB offers various products to fit …

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How ERP cloud accounting software streamlines your business

Every business is looking for ways to make financial savings to work more efficiently. No matter the industry or the size of your business, you can expand your budget and increase your resourcefulness by integrating an ERP cloud accounting software into your management. ERP, an acronym for Enterprise Resource Planning, …

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