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Tips to Streamline Your CPA Practice Operations

By Analytix Editorial Team

February 1, 2022 0 Comments
Tips to Streamline Your CPA Practice Operations

Staying ahead of competition and market demand is crucial for any business. It brings opportunities that can allow businesses to grow faster. In addition, businesses can enhance productivity with optimized solutions and new strategies. Nowadays, businesses rely on the latest technology to compete in the market. According to business experts, an accounting firm’s optimization of

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Three Business Tax Credits to Consider

By Analytix Editorial Team

February 1, 2022 0 Comments
Three Business Tax Credits to Consider

Businesses have many expenses throughout the year. However, an excellent way to save money is by reducing the taxes they pay. Tax deduction is a great opportunity to save money when filing income tax. There are tax credits that small businesses may not have heard of. We believe they could take advantage of these benefits.

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Financial Management for Your Business: The Significance of Expertise

By Analytix Editorial Team

January 25, 2022 0 Comments
Financial Management for Your Business: The Significance of Expertise

Today’s technology makes it easier and more efficient to automate day-to-day tasks, however even with this efficiency, human expertise is necessary to make sure everything is in order. No matter how fast technology develops, companies require professional support in each department to maintain progress. This is especially true in the field of finance, accounting, IT,

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Should I Outsource?

By Analytix Editorial Team

January 24, 2022 0 Comments
Should I Outsource?

Nowadays, there are many ways to grow businesses faster to survive in a competitive marketplace. One way is to add the latest technology to automate day-to-day tasks. Some companies are even considering outsourcing their key functions like bookkeeping and accounting to smoothen the business process. This may sound a bit scary for some people, but

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How to Prevent Common Accounting Errors

By Analytix Editorial Team

January 21, 2022 0 Comments
How to Prevent Common Accounting Errors

Financial and accounting work needs extra attention to maintain accuracy. Even a small mistake can jeopardize the entire business. In addition, government regulations make us ensure that books are clear, clean, and error-free to avoid penalties and tax fraud. From debit to credit and receivables to payables, every entry should be recorded correctly under the

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Innovation: Focusing on Resolutions for Your Customer

By Analytix Editorial Team

December 20, 2021 0 Comments
Innovation: Focusing on Resolutions for Your Customer

With the unprecedented crisis caused by the COVID-19 pandemic in 2020, a new way of working and living came to the fore, globally: remote working, remote business transactions, and even remote payments and all related communication. The scale of the pandemic is such that aid continues to be needed and granted. The US Small Business

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Key Features of Restaurant Accounting and Bookkeeping Software

By Analytix Editorial Team

December 17, 2021 0 Comments
Key Features of Restaurant Accounting and Bookkeeping Software

The most active businesses in this world are in the food industry. With what seems like thousands of things happening at the same time, you need a superpower to manage a busy restaurant. A power that provides automation in operations and frees your time to grow your business, and maybe this power is a great

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What Is an Impaired Asset and How Should You Deal with It?

By Analytix Editorial Team

December 17, 2021 0 Comments
What Is An Impaired Asset and How Should You Deal with It?

Given the long-reaching effects of COVID-19 and the existing pandemic landscape, many businesses have struggled with sustainability. A Mondaq report dated September 2021 reports findings that the volatility and uncertainty associated with COVID-19 had a significant impact on asset valuation, contributing to a “staggering $518 billion in total impairments disclosed in 2020.” An impaired asset

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Payroll Mistakes That Should Be Avoided

By Analytix Editorial Team

December 13, 2021 0 Comments
Payroll Mistakes That Should Be Avoided

Processing payroll correctly and free of mistakes can be challenging for small businesses. The owners of most fast-growing firms need to multi-task to ensure the business does not fall behind on deliverables, customer expectations, collections, and even due benefits. Some of the common mistakes that typically affect manual payroll are explained in brief below: 1.

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Getting Your Business Future-Ready with Modern Accounting

By Analytix Editorial Team

December 13, 2021 0 Comments
Getting Your Business Future-Ready with Modern Accounting

Managing finances is a difficult task for many business owners. This situation happens because they typically have so many things to focus on at once with their business. It is vital to keep accounts and books accurate and up to date to know how successful the business is.  However, doing so is time-consuming and prevents

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