Nalashaa AccountingNalashaa Accounting

[...] . There comes a tipping point when things start lagging especially when it comes to financial tasks. Here are the signs that give you a clear warning that it may be time to hire a professional [...]

[...] generation, and General ledger management. These are generally handled along with other financial tasks. As companies grow, financial tasks become larger and more complicated. This complexity can [...]

[...] Remote bookkeeping is a sensible option for companies of any size to outsource specialized financial tasks to offshore firms that offer quality services at reasonably low costs. With the world getting [...]

[...] small businesses either have a skeletal in-house workforce to take care of bookkeeping and financial tasks or outsource their bookkeeping and accounting needs. Either way, it is important that the [...]

[...] in identifying any accounting errors between the records of the company and the bank. Bank reconciliations help in ensuring that cash is properly accounted for. Being liquid, cash is often [...]

[...] . It is important to have certain protocols in place like recording of daily transactions, bank reconciliations, financial reports, variance analysis, reviews and forecasting. This […] [...]

What is bank reconciliation? Bank reconciliation is a tool for managing financial transactions. Simply put, a procedure performed by businesses that m [...]

[...] with the basics like Accounts receivable, Accounts payable, customer balances and financial reports. Have a working knowledge of the accounting software programs that are most commonly [...]

[...] choice for a lot of small and medium-sized companies when it comes to bookkeeping, taxes and financial reports. QuickBooks has some really good report formats that can be customized as per your [...]

[...] have certain protocols in place like recording of daily transactions, bank reconciliations, financial reports, variance analysis, reviews and forecasting. This […] [...]

[...] . This is to make sure that the right amount of federal Income taxes, State Income taxes and payroll taxes are withheld from their pay. These taxes are then deposited with the proper authorities. You [...]

[...] State and Federal governments. And their interest is of course money. Employee taxes such as payroll taxes and Social Security and Medicare must be withheld for employees and not independent [...]

[...] owner. You cannot do everything efficiently. Hence it is important that you delegate the financial accounting responsibilities in the hands of able employees. If you have a very small accounting team [...]

[...] the accounting software of choice for many small and mid-sized companies when it comes to financial accounting for businesses. It can be used even by those having little accounting experience. These [...]

[...] of the offshore bookkeeping service providers offer a clear-cut cost advantage over your in-house team as well as local bookkeeping firms in the US. The best of these offshore teams offer a [...]

[...] employer, payroll is a huge responsibility for your organization.   Whether you have an in-house team or outsource the work, it is important to be aware of your payroll responsibilities to [...]

[...] . Yet bookkeeping and accounting are very crucial and must be done correctly. Today, outsourcing bookkeeping is now available to small and mid-size firms, not just large companies. Let us explore [...]