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Why Should US CPA Firms Outsource Bookkeeping Services to India?

Efficiency, accuracy, and cost-effectiveness are the pillars of success for Certified Public Accounting (CPA) businesses worldwide in the ever-expanding world of accounting and finance. The issue of how to handle accounting services effectively becomes more and more important as the demands on these businesses increase due to complex financial rules, growing customer bases, and the […]

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What is Credit Card Reconciliation?: The 2023 Guide

The process carried out by companies and individuals alike to reconcile both credit card statements with internal records, like your receipts, invoices, etc., is called credit card reconciliation. It is recommended to conduct this process every month to identify any problems if they do exist easily but people conduct them depending on their availability and […]

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How to Get Your Invoices Paid Sooner: Three Popular Routes

Maintaining a healthy cash flow is imperative for every competitive business firm. Working with a healthy capital amount not only allows a business to invest more efficiently but also helps clear out debts and payments on time. However, achieving this crucial aspect can be more complicated than it seems. Therefore, businesses must implement strategic financial […]

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6 Reasons Why Accounts Payable Outsourcing is the Best Choice for Your Business

Nowadays, Maintaining financial records and account books is now a stressful, complex task. With growing responsibilities, organizations struggle to manage accounts and accounts payable outsourcing internally. We, at Outsourced Bookkeeping, provide accounts payable services to organizations and businesses. Our team of dedicated experts and advisors are proficient in quality bookkeeping and process all financial statements […]

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The Top Five Limitations of QuickBooks vs. Sage Intacct

QuickBooks is an easy-to-use accounting software that automates accounting tasks like bookkeeping, invoicing, time tracking, expense tracking, and inventory tracking. It is considered to be the best accounting software for small businesses. QuickBooks offers a variety of accounting and finance opportunities to small businesses with its immediate tools, such as QuickBooks Payroll, QuickBooks Commerce, QuickBooks […]

11 Ways for High Earners to Reduce Taxable Income [2023]

Various taxes come with higher earnings. This aspect is the primary concern of every working individual. Heavy taxes are imposed on high-earning working professions which burn away through the final income generated. There are dozens of taxes in 2023 that are imposed on high-income earners. Therefore, every working professional requires specialized assistance to save significant […]

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Key Features and Functionality of Microsoft Dynamics GP for Accounts Payable Management

Businesses need a strong and dependable software solution to streamline their procedures and guarantee correct financial transactions when it comes to efficient and effective accounts payable management. With a broad array of tools and features created especially for accounts payable administration, Microsoft Dynamics GP stands out as a key competitor in the space. Enterprise resource […]

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Record-keeping Best Practices: Organizing Financial Records for Tax Purposes

Effective tax planning and compliance rely heavily on maintaining accurate records. This piece highlights the importance of proper record-keeping for taxes and the best techniques to achieve it. We cover the benefits of organized financial records, share tax planning tips, and discuss the value of professional bookkeeping and accounting services. By adhering to effective record-keeping […]