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CPA FAQs – Preventing the Negative Impact of Low Cash Flow on Clients

By Analytix Editorial Team

August 20,2019 0 Comments
CPA FAQs - Preventing the Negative Impact of Low Cash Flow on Clients

82% of startups and small businesses fail due to poor cash-flow management! Has a new business client ever come to you after a missed payroll? Turns out your vendor trust is more than just a firm handshake when your cash flow is running low. While it is only natural for small business owners to focus

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How Your Small Business Can Increase Cash Flow

By Analytix Editorial Team

August 6,2019 0 Comments
Increase Small Business Cash Flow

Positive cash flow is significant to a growing business because it has the power to influence business sustainability. A rapidly growing, profitable business needs to consistently work on ways to increase the cash flow alongside maintaining the growth momentum. Even seemingly minor matters such as an invoice payable to a supplier being due before an

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How to Handle Multi-Location Restaurant Bookkeeping

By Analytix Editorial Team

July 16,2019 0 Comments
How to Handle Multi Location Restaurant Bookkeeping

Operating restaurants in multiple locations presents both bookkeeping and accounting challenges, including: Monitoring and managing non-central payments or payments made at different locations and payments made in diverse forms such as cash, debit card, credit card, etc. Monitoring Point of Sale or Service, including financials to ensure the customer experience is consistent across locations. Ensuring

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Divestment for Profitability – A Quick Guide for the Business Owner

By Analytix Editorial Team

July 10,2019 0 Comments
Divestment for Profitability - A Quick Guide for the Business Owner

Divestment or disinvestment, also known as divestiture, can prove to be indispensable to businesses for optimizing their operating capabilities and maximizing returns. A Deloitte survey revealed divestiture expectations in the year 2018 pegged at 70%. This figure shows an increase for the year 2019 with more than 80% of the combined corporate and private equity

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CPA FAQs – Suggestions for Securing Client Tax Documents on Time

By Analytix Editorial Team

July 5,2019 0 Comments
CPA FAQs - Suggestions for Securing Client Tax Documents on Time

It is not easy to get your client’s tax documents on or before tax season. Most CPAs face this situation, and it only increases the stress levels during an extremely busy time period. When clients are habitually late or submit incomplete or disorganized information and do not respond to multiple queries, it can be frustrating,

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Here’s the Numbers Behind CPA Tweets at #SNH19

By Analytix Editorial Team

June 28,2019 0 Comments
Scaling New Heights Rage in Cage Marketing Campaign

Did you attend last week’s @ScalingNH event in Salt Lake City? Or maybe you just followed it online via hashtag? Either way, here’s a quick recap of how this small business accounting event played out on Twitter. We crunched the CPA event’s Twitter numbers over the last two weeks, and our audit uncovered the following:

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Checklist for Selecting Restaurant Accounting Services

By Analytix Editorial Team

April 22,2019 0 Comments
Checklist for Selecting Restaurant Accounting Services

Restaurant accounting is a specialized activity that often requires more attention than accounting for other industries given the high volume of transactions throughout various parts of the day. If you choose to operate a restaurant, what does that indicate about your passion? Probably one of the following two things: You love to cook; you probably

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Tax Memes – Humorous CPA Reactions Captured Perfectly

By Analytix Editorial Team

April 16,2019 0 Comments

Accounting is detailed. Accounting is tough. Get even a single digit wrong, and you will see what we mean. Gearing up for tax time? We know how it feels! Here’s a succinct collection which is our take on the accounting life. Never a dull moment!

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Which Financial Operations Areas Are Best Automated?

By Analytix Editorial Team

April 11,2019 0 Comments

Automating essential functions, including financial operations of a business, is on the rise. The trend probably is a result of greater demands for transparency and higher quality expectations from clients. CPA firms and other accounting practices are keeping pace with this and choosing a double advantage: 1. Automating key financial operations and 2. Choosing to

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How Automation Can Help Ensure Better Bookkeeping

By Analytix Editorial Team

April 11,2019 0 Comments

Automation goes a step beyond conventional bookkeeping practices: the involvement of machine or software means that data management is easier and the likelihood of error, including human error, is reduced. Given the importance of attention and detail-orientation required in standard accounting and bookkeeping, even seasoned accountants and CPAs grow weary and fatigued. Add to this

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