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Whizconsulting's Blog – May 2022 Archive (5)

Factor to Consider When Selecting Cloud-Based Accounting Software For Your Business

As technology has advanced worldwide, cloud accounting software has been developed, making the accounting function easier than ever. If you seek cloud-based accounting software to streamline the accounting functions, you should not do it in a hurry. When choosing cloud accounting software, there are many things that you should consider before making any decisions; after all, it is all about… Continue

Added by whizconsulting on May 27, 2022 at 3:28am — No Comments

Significance of E-commerce Accounting For Small Businesses

The small businesses selling goods and services over the internet make the best use of e-commerce platforms to grow. However, they also have to face accounting and bookkeeping challenges specific to e-commerce accounting services. Unlike traditional accounting, accounting for e-commerce companies is no walk in the park.



There are particular regulations to follow and unique needs… Continue

Added by whizconsulting on May 25, 2022 at 2:18am — No Comments

Comparison Between QuickBooks and Xero Payroll Services

Payroll happens to be the most critical element of an organization's functioning. It handles one of the most significant assets- employees (human personnel). Businesses calculate employees' paychecks, withhold taxes, provide benefits, and comply with legal rules with an adequate payroll management system. The significance of payroll makes it prone to errors and manipulations. If it does not receive proper attention, it can cause havoc for companies. Thus, a business struggling with the process… Continue

Added by whizconsulting on May 17, 2022 at 4:24am — No Comments

Overview of The Progressive Taxation System In The US

Accounting and bookkeeping play a significant role in a company's smooth functioning. They help maintain accurate and up-to-date financial reports and statements for the stakeholders to see and make decisions. These reports can be prepared by an in-house team or financial reporting services providers. Accounting determines the financial performance and position to allocate resources, invest or… Continue

Added by whizconsulting on May 9, 2022 at 8:13am — No Comments

Learn About Debit Memos

A business incurs several expenses to run its routine operations. Usually, the cost to maintain seamless daily functioning remains the same. However, sometimes, sudden hikes or affecting factors result in high costs. In such cases, documents get issued and received to address the changes. Maintaining these records completely and accurately is crucial for smooth business running. However, many firms struggle to handle and organize their paperwork or electronic files. Delays in proper processing… Continue

Added by whizconsulting on May 5, 2022 at 4:11am — No Comments

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