Shay CPA

FEBRUARY 19, 2025

Accrual accounting can be somewhat complicated, especially for software as a service (SaaS) companies, so we have a guide to help you better understand it. Theres another similar component of GAAP thats relatively new and applies to many startups: lease accounting.

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audit auditor accrual accounting accounting principles 52

Basis 365

JULY 13, 2023

Managing your cash flow effectively can help you avoid cash flow problems, such as needing more cash on hand to pay your bills or make payroll. Profit and cash flow are different things when you are using accrual accounting. Make sure you look at both profit and cash flow.

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inDinero Accounting

APRIL 9, 2021

Seeing the cash-in and cash-out every month is reassuring, but you’re making the change in accounting method because your company’s growth depends on it. You are familiar with the pros and cons of cash versus accrual accounting. How do you switch a Software as a Service (SaaS) from cash to accrual? Glad you asked!

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Snyder

JANUARY 3, 2023

But the most important aspect of any business is accounting. All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them react to any adverse changes faster. What is accounting?

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xendoo

MARCH 16, 2022

They can use their personal accounts for business, but we strongly advise against it. Here’s why: It will make it easier to file taxes for your business (since they are separate from your personal accounts). Your accountants and bookkeepers can monitor the account more freely. Choose an accounting method.

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accrual accounting Account accountant accounted 52

Accounting Seed

JULY 21, 2022

Target maximum revenue, growth, and profit with this in-depth startup accounting guide. Like many startup owners, you may have more passion for sales than for bookkeeping, but managing the money is essential to success. One of the most important first steps to take with startup accounting is choosing between cash or accrual accounting.

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accrual accounting Account accounted accountant 52

Basis 365

MARCH 30, 2023

Basis 365 was created to deliver a unique, outsourced accounting experience to small businesses by providing a virtual accounting department using cloud-based accounting applications. The bookkeeper-only option will be part of the bottleneck of the business's growth. WHO CAN ADVISE YOUR BUSINESS?

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accrual accounting Account accountant accounted 52

inDinero Accounting

JANUARY 9, 2023

This requires accrual accounting rather than the simple cash-basis. A qualified accountant can help you make calculations that maximize the value and attractiveness of your business. Cash vs. Accrual Accounting Calculating and itemizing all the assets and liabilities can be a tricky endeavor.

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inDinero Accounting

JANUARY 9, 2023

This requires accrual accounting rather than the simple cash-basis. A qualified accountant can help you make calculations that maximize the value and attractiveness of your business. Cash vs. Accrual Accounting. The Right Chart of Accounts. All of these should be managed and handled by your accountant.

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Basis 365

FEBRUARY 1, 2024

If you decide not to do this on your own, we recommend partnering with an outsourced team of accountants and bookkeepers. Their accounting software is outdated and clunky, disconnected from other systems. Payroll runs like clockwork, eliminating errors and boosting employee satisfaction. Reach out for a free consultation.

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accounting system Account accountant accounted 59

Snyder

NOVEMBER 16, 2022

In the case of bookkeeping, again, it can be extremely error-prone and time-consuming (and you can spend a fortune on a bookkeeper, provided they charge you per hour). The answer is to learn what features accounting software offers and put them in the context of your business needs. A quick note. Source: xero.com.

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accounting software Account accounted accountant 52

inDinero Tax Tips

JANUARY 16, 2024

Check out these other posts: Cash vs. Accrual Accounting C-Corporation vs. S-Corporation Controller vs. Comptroller vs. CFO Consequences of Missing Tax Deadlines Should you miss a tax deadline, you’re likely to face consequences such as interest charges, penalties, and even potential loss of refunds owed.

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