Top 5 Reasons to Hire a Quickbooks Advisor

 

5 Reasons to Hire a Pro Quickbooks Bookkeeper

Now that the year is ending, everyone would be thinking of his/her New Year Resolutions. While you could afford the take your personal resolutions casually, you need to take your financial and business resolutions seriously. If you are a small business person, here are the top 5 reasons to hire a quickbooks advisor to help you meet your financial goals in the new year:

• Taking Business Decisions: Financial Advisor Jason Howell compares managing your own finances to a doctor operating himself. Your Quickbooks bookkeeper would help you manage and operate your finances as well as ensure liquidity at all times. The firm would also critically look at your finances and help you take sound business decisions.

• Focusing on your core business: Nowadays people outsource any and all small actions of their lives, so why not do the same with your finances and accounting. Managing your Quickbooks for small business would free up your time and resources to focus on your core business.

• Tackle market instability: The markets can be volatile. When you are managing a small scale business, your investments are of utmost importance. If you were managing your business yourself, you would need to keep an eye on the market at all times, with the Quickbooks financial advisor, especially firms like My Accounts Consultant, you would leave that worry to them.

• Tax Planning: Your Quickbooks Bookkeeper would assist you with tax planning and advise you on how to minimize your taxes legally. There are many investment sources that are tax free, your advisor would sit with you and let you know which would be the investments that would not only help you save your tax, but also provide maximum returns.

• Keep a track of your business: In this tough age of business competition, it is imperative to find a Pro quickbooks partner who would help you keep a track of your business. My Accounts Consultant works on cloud, so now matter where you are, you would be able to access your books of accounts in real time with any device and any where.

Hire a Quickbooks Advisor, These are just few of the reasons, if you feel the need to discuss more about your financial, just drop a message to certified quickbooks proadvisor My Accounts Consultant, we will help you with your queries.

Tips to Convert Transaction Data from MYOB to QuickBooks

Once you decide to migrate MYOB to QuickBooks and have all the files set up, the next thing you need to do is transfer your previous Accounting data into the software.

You can convert both transactions as well as general general entries. Along with that you would be able to export accounts receivable like Item Sales, Money Received, Service Sales, Misc. Sales, Professional Sales and time billing sales .

Once this data is transferred to a text format, then it needs to be exported to excel and tidied up a bit. Once you have everything in order, it is ready to be imported into your newly installed QuickBooks software.

MYOB to QuickBooks Conversion:

We can Convert the following MYOB lists and transactions to QuickBooks Online, Premier or Pro QuickBooks Editions.

• MYOB Client List to QuickBooks
• MYOB Employee List to QuickBooks
• MYOB Vendor List to QuickBooks
• MYOB Item List to QuickBooks
• MYOB Chart of Accounts to QuickBooks Chart of Accounts Conversion

QuickBooks Transaction Types Conversion

• MYOB Invoices to Quickbooks
• MYOB Sales Receipts to Quickbooks
• MYOB Vendor Credits to Quickbooks
• MYOB Credit Card Charges to QuickBooks
• MYOB Item Receipts to QuickBooks

My Accounts consultant will help you arrange the data as you want, along with it would also train you on how making the most efficient use of the Accounting software at the most affordable cost!

Our Accounting Software conversion  is 100% accurate and we offer the competitive prices on the web. We offer the most accurate and cost-effective MYOB to QuickBooks conversion Online accounting services around the world. We can convert MYOB data to the US, Canadian, UK, or the Australian version of QuickBooks.

Benefits of Outsourcing Accounting services Companies

If we look at the competition that most industries are facing, it is no doubt that the firm would like to invest most all of its resources to focus on its core areas of interest. Even if we look at the in house accounting services department, most employees are overworked and overloaded with their jobs and are not able to meet requirement of this uber competitive business world that we see today. Which is why, many large scale corporations or organization as well as MNCs decide to outsource their non core services like accountant services.

While any accounting services provider would offer you the basic services, i.e. managing your books of accounts, financial services and ensuring cost reductions. But, now the companies are looking for more. As the stakes are higher, it is only fair that they would want more from their service providers. We, at my accounting consultants, know and understand this requirement and work with the clients and advice on the best processes and technologies that would enhance their business.

When you outsource your Accounting services, you end up saving your valuable time and resources. It is a challenge to manage all the books of accounts in house, outsourcing them could reduce the pressure on your resources as well as employees and you can manage your all accounting need at single place. It is obvious that backend running of daily function is not only mundane, but it also creates a conflict of interest with the more urgent tasks at hand.

While, if you chose to outsource your accounting services, you get the relief that your data is being handled by the experts who have the expertise in the business and would assist you reach the goals you have set for your business.

So, when you work with a reliable accountability partner, like my account consultant, you can get the best results at an affordable cost. We offer a gamut of services like preparation of taxes, payroll, Accounting, bookkeeping, and much more to meet all your accounting requirements. All you need to do, contact us today.

Reasons for choosing quickbooks for small business

Quickbooks is the choice of small scale businesses across the globe. Over the years, My accounts Consultants has worked with many clients and have dealt with many softwares in order to provide the best services. Over the years, our team has managed to witness the growth of Quickbooks software. If you have a small business, here are a few reasons for choosing Quickbooks for small business:

• Adaptability: Quickbooks software can be adapted according to the needs of almost any small business. The business also has an option of adapting the reports and records as per their requirements. Along with this, the business can also export these reports to other softwares.
• Ease of use: Once the Quickbooks software has been properly set up, it is extremely user friendly. You can record, report and organise your data with just a few clicks.
• Quality: As most of the small scale businesses now make use of this software, this software has been widely tested as well as is seen as reliable. If you list all the features that it offers and then compare it with cost, it beats any other software of this price and feature range.
• Compatibility: Quickbooks is compatible with many other vertical market applications that would allow industry specific applications to be directly exported into it. Currently, Quickbooks Premier comes many industry specific editions.
• Updates: Since most small businesses are on their path towards growth, Quickbooks can be easily updated to Quickbooks Enterprise Solutions in order to accommodate the new changes and services that you would require as a medium scale business.

These are some of the reasons for quickbooks for small business that showcase the versatility of the product. We, at my accounts consultant, believe that no matter which small scale business you open, you will find quickbooks to be your most reliable accounting software If you want to know more about quickbooks or how its fesible with your business then please Contact Us.

How to choose a Top accounting firms

Every year, during the national budget certain laws are tweaked and changed, which leaves the citizens wondering how they are to go about to make decision changes for your business. When you work with Top accounting firms they would know all the new laws and offer advice as to how to best use these laws to your benefits. They even assist small businesses in setting up their budgets as well as their goals. No matter what your accounting requirement.

Here are some of the tips to help you choose a top accounting firms.

• Fees: The first and foremost thing to take into consideration is the fees. Since each firm has different charges, it is essential to know exactly what they are charging for, what is their fee structure and what is the amount that you would be expected to pay.

• Area of Specialization: While there are tax return preparation firms that train and assist people on the procedure of filing income taxes, but these services are quite general. A small scale business firm would not be benefited much by them. There are also cases where you might need certain financial advice while taking business decisions. According to their individual policies, different firms offer different levels of guidelines. If you already have in depth accounting knowledge than you could go for the firm that offers only services, but if you would need advice as well, you could go for one that would assist you in taking decisions whenever you want.

• Service Requirement: Different accounting firms require different levels of accounting. Some might need help only in maintaining day to day books of accounts, while others might also want financial statements, or tax filing, or payroll. Depending upon your service requirement, choose a firm that would offer those tasks.

• Accessibility: How much do you want to connect with your Top accounting firm? Some like to be in touch once a year, some quarterly, while some need to talk to them daily. Figure out what is your accessibility requirement, and whether the accounting firms that you opt for are offering that level of accessibility.

•  Support: There are some accounting firms that would help you set financial goals for your business as well as help you monitor your progress. If you are just setting out, this would be quite useful to you. Look at the firm’s goal setting policy and talk to them as to how they would be involved. Additionally, check in advance if there are any fees that you would be charged for this.

• Assistance: While there are tax return preparation firms that train and assist people on the procedure of filing income taxes, but these services are quite general. A small scale business firm would not be benefited much by them. There are also cases where you might need certain financial advice while taking business decisions. According to their individual policies, different firms offer different levels of guidelines. If you already have in depth accounting knowledge than you could go for the firm that offers only services, but if you would need advice as well, you could go for one that would assist you in taking decisions whenever you want.

• References: There is nothing like word of mouth reference. Look around the market, ask your friends, see who your competitors are working with and then make an informed decision.

Choosing the right accounting firm is the most important for your business as it would determine the success and failure. Contact us for more details Choose wisely!

Reduce your costs by hiring an accounting consultant

Reduce your costs by hiring an accounting consultant

It is needless to say that accounting is the backbone of every organization. In order to be successful, it is important for a business to keep a daily record of all its financial transactions. If done from the first day itself, a lot of effort is saved at the time of auditing. When making these records, one must be sure that they are recorded accurately, and are being organized securely. Having a solid system in place helps detect, or even better avoid, errors and misuse of these documents.

Hiring accounting consultant helps your budget

All this can be quite time consuming, and a small scale business or a startup has everything but time. So, working with an Accounting consultant would help you take your load off. There are many top accounting firms like My Accounts Consultant who would help you each step of the way.

They would help you not just in accounts but would help you manage your finances in a much better way. They would help you set a realistic budget for the next year by looking at the current state of finances. A sound budget would ensure that there is enough liquidity in your business at the time of need and at any time an important expense comes up.When you follow your budget, you would also stay clear from accuring undue debts and would have a clear idea of your bills receivable.

Accounting Consultant, like My Accounts Consultant have a team of experts who create and maintain an accounting system that your information is error free, safe and secure. We help you by creating a work environment of a good business and making sure your information and investors are always working to your benefit. With a team working dedicatedly for you, this is one of the top accounting firms to work with.