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Laura Redmond

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Top Accounting Problems IT Companies Face (And How to Fix Them)

Accounting /

Top Accounting Problems IT Companies Face (And How to Fix Them) Streamlining your workflows, systems, and workforce is part of being a cutting-edge tech company that focuses on efficiency and profitability. Accounting problems can strain your business, causing: Poor cash flow Disorganization Potential costly oversights Avoiding accounting problems as a tech company is crucial at […]

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QuickBooks for Lawyers: CRM Integration

Cloud-based accounting software /

QuickBooks for Lawyers: CRM Integration Accounting is complicated, especially for law firms. But client relationships can be just as complex. Fortunately, QuickBooks can help you manage both of these things.  There are many advantages to using QuickBooks for lawyers (time savings, improved accuracy, automation, etc.), but one often overlooked advantage is CRM integration. Customer relationship

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Bank Feed

How to Properly Record Your Technology Expenses

Accounting, Bookkeeping, Small Business Accounting /

Technology Expenses 101: How to Record Cloud Storage, Server Costs & More Tracking technology expenses can be tricky for any business, but for SaaS and tech companies in general, it can be even more challenging. In addition to the tech costs associated with the creation and delivery of your products and service, you must also

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bookkeeping for saas

Bookkeeping for SaaS Companies: How to Handle Monthly Recurring Revenue (MRR) Properly

Accounting, Bookkeeping /

Bookkeeping for SaaS Companies: How to Handle Monthly Recurring Revenue (MRR) Properly Software-as-a-service (SaaS) is big business, generating over $390 billion worldwide each year and forecasted to grow at a rate of 19.38% annually. Annual subscriptions and enterprise options may be available for a SaaS, but monthly subscriptions are most common.  Bookkeeping for SaaS requires

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Bank Feed

Budgeting vs Forecasting: What’s the Difference and Why Does It Matter?

Accounting /

Budgeting vs Forecasting: What’s the Difference and Why Does It Matter? Businesses run on money. Without cash flow, your business will quickly fall behind. You need a budget to manage your money and a forecast to better understand what your finances may look like in a given reporting period. If you don’t know the difference

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profitability analysis

How Profitability Analysis Helps Businesses Understand Financial Performance

Accounting /

How Profitability Analysis Helps Businesses Understand Financial Performance You run a business. Sales are coming in, and it can be easy to assume that since you can pay your bills, you’re in good financial health. But that may not be the case. A profitability analysis can provide some answers and help you better identify: Trends

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