LedgerDocs Blog

The cloud accounting blog for businesses, bookkeepers, and accountants.

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.

We're excited to announce a variety of new features and updates made to LedgerDocs over the past couple months. These features are all currently available within the LedgerDocs app and were rolled out in various phases over the summer. Our team is continuously looking to improve and innovate our product and are excited to announce the release of the following new and improved features that add value to our user-base of bookkeepers, accountants, and business owners.

As baby boomers move closer to towards retirement, millennials (the generation that was born between the early 1980's and late 1990's) are set to become your accounting firm's largest customer base. We've all heard the stereotypes but, when it comes down to it millennials are arguably the most educated, connected, and digitally savvy generations to date. It's important to your business that you adjust to this looming demographic change accordingly. Below are 5 strategies to attract, retain and delight your millennial customers.

Bookkeeping is no small task in any business, nor is it unimportant in the least. Accurate, effective, timely bookkeeping is an absolutely necessity in order for any business to survive, let alone thrive. This is especially true as a business grows larger or more complex. It's critical to be able to follow every transaction undertaken by the business, to understand the impacts of different lines of business and other factors on the bottom line. Bookkeepers must be honest, vigilant, and sure to follow these do's and don'ts.

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LedgerDocs is a small business tool for managing & filing accounting documents in the cloud.

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