As a busy accounting or bookkeeping professional, let’s assume that you’ve weighed the pros and cons of automating your bookkeeping or accounting workload. You’re onboard. Great, so what’s the next step?
The cloud accounting blog for businesses, bookkeepers, and accountants.
QuickBooks Connect 2017 is officially kicking off in San Jose today with Day 1 being Accountants Day followed by an evening Welcome Reception for all attendees. In the world of accounting and bookkeeping, this is one of the major events to mark on your calendar for several reasons. Not only will thousands of pros from our industry be on hand to mix and network with, there are plenty of interesting panels and workshops to glean good information. You can add considerable value to your clients by sitting in these talks and soaking up information straight from mouth (and Powerpoint decks) of experts.
It is safe to say that the majority of bookkeepers and accountants receive a PDF of some sort, on a daily basis. For many bookkeepers, these documents include a wide variety of information including bank and credit card statements, receipts, deposit slips, invoices, and the list goes on. As a business owner, it can be difficult to find the time or patience to scan individual documents – instead, many business owners (or admin staff) quickly scan their stack of paper into a multi-page PDF and send it to their financial consultants in order to input into their accounting application.
If you are over the age of 30, chances are you remember taking pictures using film. Kodak used to be one the largest camera companies in the world, generating billions of dollars in revenue a year. With the creation of digital cameras, their entire business was suddenly thrown into flux. Slow to adapt they eventually filed for bankruptcy in 2012. It may be stating the obvious, but companies that ignore new technology do so at their peril. Below are 3 trends in the accounting industry that you should be putting into practice this instant.