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Bottom Line Benefits to Automating Your Accounting System

By Satish Patel

June 28, 2012 0 Comments

Although not always the most exciting aspect of a business, a company’s accounting system is its backbone. The accounting system is the engine that drives the machine, providing business owners with key indicators regarding their profitability and the overall state of their business.

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Accounting and Bookkeeping Services for the Small business

By Satish Patel

June 28, 2012 0 Comments

Accounting and bookkeeping services function as the backbone for every business. As a small business, it is very essential to ensure you maintain your company’s records in a comprehensive manner. Good accounting and bookkeeping practices include thorough record-keeping and ensuring that every bit of expense and revenue is accounted for.

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Efficient Record Keeping Strategies to Ensure Smooth Audits

By Satish Patel

June 18, 2012 0 Comments

Take any process. You will find that efficiency most often results from investments of time and organization. The same theory applies to accounting functions as well.
Audits are an accounting function where financial statements are examined to verify information. A financial audit determines whether the information contained within financial statements is reliable and accurate.

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Working More Effectively with Your CPA

By Satish Patel

May 18, 2012 0 Comments

Hopefully by now, your 2011 taxes are a fading memory (or soon will be!). For many small to mid-sized businesses, the annual, looming tax deadline is a daunting one. As a business owner, the added tasks of compiling tax paperwork amidst a multitude of other daily responsibilities equates to added stress. Many of our clients

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Optimizing Your Accounting System – Measures to Ensure Your System Functions at its Best

By Satish Patel

May 1, 2012 0 Comments

Accounting system optimization involves implementing software to enable quicker turnaround for accounting functions. Specifically, optimization can make for easier, faster, and more accurate accounting, such as processing payroll or resolving accounts payable. Optimizing your accounting systems also reduces the need for manual practices. Is your accounting system optimized effectively to fully leverage its capabilities? It’s

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Is Payroll Outsourcing Right for Your Business? – 5 reasons Why it May Make Sense

By Satish Patel

April 16, 2012 1 Comments

The payroll function is a task every business performs, whether it is a small or a mid-sized company. Smaller firms that maintain a solid, predictable revenue stream, may manage their books internally with assistance from an independent accountant. The accountant is devoted to processing payroll for a limited number of staff members, but is that

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Profitability Is Not Just “Luck o’The Irish”

By Satish Patel

April 9, 2012 0 Comments

In March, even those of non- Irish descent tend to hope for a little St. Patrick’s Day luck. After all, who wouldn’t want to find that proverbial “pot of gold” at the end of the rainbow? For small to mid-sized businesses, even minor fluctuations in cash flow can have a larger scale impact. That “pot

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Five Bookkeeping Tips

By Satish Patel

March 14, 2012 1 Comments

Irrespective of the size of a business, bookkeeping is one of the most basic responsibilities within a company. It involves tracking expenses and financial transactions that have occurred on a daily basis. Bookkeeping differs from Accounting in that an accountant is dependent on the bookkeeper’s records. The bookkeeper is responsible for making accurate records of

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Heads Above the Rest – Are You a Good Leader?

By Satish Patel

February 22, 2012 0 Comments

This month we celebrate the President’s Day Holiday, a holiday which recognizes the birthdays of two of our country’s great Presidents. However, it is also a reminder about the historical leadership from which this country has benefited. So, what defines a leader and what leadership skills can small business owners practice to help their company

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Automating Accounts for Profitability

By Analytix Editorial Team

February 7, 2012 0 Comments

As we acclimate into a world where speed is essential and computerized work has become the industry standard, automating accounts is now a necessity, not an option. While automating your accounts results in immense time savings and cost reductions, did you realize its direct, positive impact on profitability? Accounting and bookkeeping functions are often considered

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