Summary: Most employees have at some time experienced the misery of working for a micromanager boss. This can demoralize workers and lead to inefficiencies. Click through for signs of micromanagement and advice on handling it.There is nothing so demoralizing as reporting to a boss who makes every single discussion feel like a performance review, wants […]
Summary: Before you know it, it will be time to think about tax season. As always, we’ll see some desperate tax avoidance schemes. Click through for some examples of ludicrous arguments the IRS has long rejected.You’ll be organizing your paperwork for tax season soon, so now is the time to consider your situation. Contrary to […]
Summary: Probate is the court-supervised process of validating and administrating wills. Click through to learn how probate involves identifying final assets that once belonged to living persons, finalizing their debts, and distributing property within the estate to the appropriate beneficiaries.Probate is an experience many people go through. However, you’d be surprised how few people know […]
That’s right: The future is here! Now that it’s officially 2020, it may be time to jump on that accounting app bandwagon if you haven’t already done so. The exciting news is you can actually do a lot of your accounting tasks from your phone instead of your computer. Here are just a few examples […]
You might wonder why there are so many extra tasks at year-end. While the government requires much of the work, there is clean-up work and adjustments that need to be done to make the books accurate. It’s not always cost-effective to perform all of these updates monthly, so you’re actually saving money by doing some […]
Did you know that you can add apps to help increase the functionality of your core accounting system? The process will save you time and frustration. It is because every business is different that you may—and likely will—need these add-on features that aren’t already included in the accounting system you currently use. That’s where the […]
If your eyes glaze over when you’re presented with financial statements for your business, you’re not alone. Many entrepreneurs benefit greatly when they can see their financial results in graphical and chart formats. Fathom is the perfect tool to help your numbers come alive so they can become meaningful for you. Fathom is a company […]
A great way to make a wonderful start to 2020 is to wrap up 2019 feeling organized and on top of the world. Here’s a checklist of items that you can start on now to make your year-end close go smoother than ever before. And don’t worry if you don’t know how to do some […]
Custom fields in your accounting software are data fields that you can define yourself. They are typically associated with customers, vendors, employees, and items, and they can help you store and categorize additional information about these stakeholders and your products and services in your business. An example custom field that can be associated with customers […]
When you pay a bill in your business, are you 100 percent comfortable that the bill payment is correct and justified? Is there ever a chance that that bill is fake or fraudulent? What about duplicates? With so many fake bills being mailed to businesses these days, it makes sense to think about controls you […]
