Author: Rogelio Jimenez

Small business remote accounting services come in many packages Some firms only do accrual-basis bookkeeping rather than cash You definitely need a dedicated CPA for comprehensive tax service There’s more to good accounting service than just data-entry SyncLedgers provides many powerful services and support for others What should you expect from a company that offers…

As a business grows, using accrual basis accounting becomes essential Cash accounting doesn’t reflect the full reality of one’s obligations The accrual basis is more complex but gives a much clearer picture Outsourcing bookkeeping lets you devote resources appropriately SyncLedgers provides benefits on top of daily recordkeeping. When some small businesses are just starting out,…

Outsourced financial reporting provides clear financial visualizations. Profit and loss statements provide the big picture of financial health. Balance sheets get into the nitty-gritty of what’s generating money. Cash flow statements show how much cash you actually have. SyncLedgers combines accurate reports with elegant dashboard software! Whenever a small business considers implementing outsourced financial reporting,…

Bank account reconciliation ensures business financial accuracy Reconciliations compare bank statements with business legders They help to show the true state of a company’s finances Errors and fraud can be uncovered and corrected SyncLedgers makes reconciliations easy for small businesses There are often differences between what businesses write in their accounting books, and what the…

Easy Small Business Tax Solutions to Keep Your Paperwork Organized   Most small business tax solutions center around smarter paperwork control. It’s important to make sure your papers are easy to access at tax time and all the time! Annual cleanups are great opportunities to make sure your documents are in order. Monthly reconciliations help…

What’s the Cost of Outsourced Bookkeeping? Business owners may worry that the cost of outsourced bookkeeping may be too high More often than not, building your own accounting department will incur more expenses than you initially anticipate Outsourcing is a tried-and-true way to save money by letting someone else handle human resource issues By outsourcing,…

Should I Outsource Bookkeeping? When you ask yourself, “Should I outsource bookkeeping,” it’s good to consider the advantages. Outsourcing is a touchy subject because sometimes we think it’s hard to trust others with our money. The reality is that trusting others with our money is totally normal if you think about it. Outsourcing gives you…

List of IRS Business Expense Categories There are many official IRS expenses that businesses can deduct from their tax bills Business tax deductions make it easier to own and run a business Claiming your deductions takes careful paperwork management and bookkeeping We’ve identified at least 35 categories of deductions every business should know about SyncLedgers…

The 5 Best Receipt Tracking Apps for Your Business in 2019 Every business needs to track expenses. Receipt tracking and scanning apps make it easier. The best apps let you scan your receipts, then automatically transcribe the data for you. Most of these apps will also integrate with standard accounting software. Of the five best apps,…

What Does the Average Cost to Hire a Bookkeeper in 2019 Mean for Small Businesses? Expanding businesses need to weigh the potential bookkeeper cost against clerical burdens on current staff. Hiring an in-house bookkeeper can be expensive, but the job needs doing one way or another. Outsourced bookkeeping firms like SyncLedgers offer a better value and…