Tag Archive for Accounting

Why You Should Use Online Accounting Software Over a Spreadsheet

Sponsored by Intuit By Holly Reisem Hanna It doesn’t matter if you’re an Etsy seller, blogger, home-based business owner, freelancer, or independent contractor — you need to track your income and expenses. If you fail to do so, you can end up with some major headaches and financial penalties down the road. In fact, when […]

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Essential accounting tips for small business owners

Accounting is unlikely to be your favourite part of running a business but it is crucial to your survival. Running out of money is the reason 29 per cent of startups fail, according to a survey run by CB Insights. So, how can you prevent yourself becoming one of them? Make sure you get to grips
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Is accountancy software enough?

Learning to drive can be a bumpy road. You need support and guidance as you learn an important life-long skill. You wouldn’t practise in a car without an instructor and the same applies when learning the skills needed for digital accountancy. You need the right advice from an expert. Here, Richard Stonier, partner at Tally
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How tech can save us from the annual tax meltdown

Computers will never replace people. But I say let them try. There are just some things us humans were perhaps never meant to do so labour intensively in the first place. Bookkeeping tops my list. Traditionally, bookkeeping was a job for someone semi-skilled. Accounting paperwork used to be processed through double-entry bookkeeping principles, using appropriately
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How the perception of accounting is changing

We’re all familiar with the old way of splitting the bill after a meal with friends. It used to be that everyone would start bartering for change to get the balance just right. However, today you’re much more likely to see one person pay the bill while the others simply reach for their phones to
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