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Author Archives: Madhu Jain

About Madhu Jain

Find more about me on : f g l t

Quickbooks Online – India Presence

30 Nov

Quickbooks is one of the leading accounting platforms primarily serving markets of USA – UK and Australia. Quickbooks offers both desktop version and online version for businesses to manage their finances and accounting. Quickbooks has a strong hold in the US market and is also increasingly being considered as an accepted vendor for other countries including UK, Australia and Canada. [1] Quick Book Online India Presence Quickbooks offer a highly versatile and flexible option for business stakeholders to ensure the finances are managed in the best ways and acceptable by the GAAPs applicable for a country. Quickbooks has recently launched its online ...Read More

Posted in Accounting Outsourcing Services | Comments 0

How to Know the Correct Time to Outsource Payroll Services?

27 Nov

Every business owner has a horde of work to accomplish [1] on daily basis. Outsourcing payroll services results in saving a lot of time and money for a business owner. The responsibilities covered under Outsourcing payroll services include preparing salary checks, handling employee and company tax issues, preparing and filing quarterly reports, state disability and unemployment issues, issuing statements at year-end and paying withhold to various private and government agencies. If you are looking forward to outsourcing payroll services, you need to consider following tips: Explore The Options: Look at the various options available for outsourcing payroll services. Don’t ...Read More

Posted in Outsourcing Payroll Service | Comments 1

Accounting and Bookkeeping in XERO for Small Businesses

26 Nov

XERO is an online accounting platform and is gaining huge acceptance in all countries including New Zealand, Australia, UK, US and Canada for accounting and bookkeeping of small and medium sized businesses. [1] Accounting And Bookkeeping in Xero for Small Business The key reasons which may have played major role in making XERO a huge success is the ease of use, access flexibility (being an online platform) and the support team. Today, when the world is moving towards increased connectivity in all aspects of business verticals and cost cutting being a thrust for all business owners, there is no reason why off-shoring would ...Read More

Posted in Accounting Outsourcing Services, Accounting Services For Small Business, Bookkeeping Service | Comments 0

Bank Reconciliation – A Must for Small Business Accounting

17 Nov

Bank reconciliation could be termed as one of the basic and prime control factors while performing accounting and bookkeeping for any business. For a small business, bank reconciliation plays a more vital role as generally there are no explicit control mechanisms in place for a small business and hence reliance on bank reconciliation like tools could not be ignored. In a lay man’s terms – A Bank reconciliation ensures that whatever needs to be paid – has been paid and what was due to be received has been received. This is one of the biggest hurdles faced by a small and ...Read More

Posted in Bank Reconciliation | Comments 0

Managing Cash Flow for Small Business

17 Nov

Cash flow management refers to tracking the cash position of the business on a regular note so that the decision makers have the correct financial picture to take informed business decisions. Cash flow management for a small business involves tracking the actual cash receipts and payments and it also include mapping the receivables / payables with the expected dates of realizations etc (to the extent possible to map) so that the expected cash flow position is visible to the business heads to take realistic business decisions. An accounting cash flow position is different from an economic cash flow position as the accounting ...Read More

Posted in Accounting Services For Small Business | Comments 0

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