Archive for May 7th, 2017

When Is A Good Time To Switch Accounting Services

From improper classifications to the 1099s you still don’t have prepared because you’re tracking down corresponding W-9 information, your taxes are going to need an extension—again. This is the fifth year in a row you have agonized through tax season, wringing your hands and wondering how you can fix it yet the dread you feel when you think about switching accounting services has kept you in the same annual cycle. To avoid the same crisis next year, it is officially time for you to figure out when is a good time to switch accounting services.

How Much Back Work Will You Have?

This is a question only you can answer, as there is no one-size-fits-all for any business. Do you plan on having your new accounting services fix last year’s books? Then you’ll want to find a new provider without delay. The faster you switch, the faster they can get on with their work. This will save you time and money over waiting and letting the work pile up.

Starting Fresh With New Accounting Services?

You can technically start any time with accounting services but be mindful of your current situation. If you plan on terminating any of the staff currently working on your accounting, you want to make sure either their work is complete or you have a plan in place to finalize their previous work. This is especially true if you don’t want your new accounting services to provide any back work support but still need your completed books for last year. The more your accountant is still waiting on from your current bookkeeper, the more sensitive you need to be to announcing a switch.

Can You Afford To Wait?

Of course, if your accountant isn’t getting any information from your bookkeeper, simply waiting for information and completed books isn’t likely to be of much help (or simply, happen at all!). If your books are a total mess right now, you may be better off making the jump to new services without delay. After all, do you really have much else to lose?

13 Reasons All Our New Clients Use (and Love!) Bill.com

We pride ourselves on being on the cutting edge of accounting technology and innovations both on behalf of our customers as well as in our role as an industry expert. After extensive review, we made the company-wide decision in 2014 to bring all new clients on the Bill.com platform as they were on boarded as a client. To date we can say client experiences have been nothing less than stellar—and after a year and a half we seen enough to compile the following list of features that our clients love about Bill.com.

  1. Instant access and connections from invoice lists and bills to vendor information, historical documents and statements, and all related data.
  2. Smart support via drop down suggestions and keyword search, keeping you from having to remember vendor names or specifics to find the information you need.
  3. Current vendor status snapshots and notes in one place.
  4. The ability to choose which bills to pay, edit payment amounts and ask questions about invoices from one interface, without navigating between screens or programs.
  5. Comprehensive dashboards with segmented areas to consolidate invoices with partial payments.
  6. Major vendors are already enrolled in the system and easy to link to new accounts.
  7. Payments are made electronically with vendors getting an invite and taking over the responsibility of updating their bank information to receive payment.
  8. No more printing, stuffing or signing checks.
  9. QuickBooks balances and bank balances are synchronized without check cashing delays.
  10. Mobile applications and cloud-based systems allow users the ability to approve via any device with the internet.
  11. Multiple approval levels managed within single workflows without any burden on users.
  12. Old information is readily accessible so questionable transactions can be reviewed, cleared check information can be printed to send to vendors and all historical data can be retrieved easily.
  13. Everything is readily available online, allowing users the ability to run reports, export and view offline, and access information without waiting on others or putting in requests.

Did we mention no more manual data management—ever? Yes, our clients love Bill.com. And so do we.

 

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