DoMyLLC.com DoMyLLC.com
  • Start Your Business
    • LLC
    • S Corp
    • C Corp
    • DBA
    • Form a Professional Corporation
    • Apply for an EIN
    • Nonprofit
  • Compliance Solutions
    • Business Filing Services
    • Amendments
    • File a DBA Online
    • Foreign Qualifications
    • Dissolution
    • Reinstatement
    • Withdrawal
    • Certificate of Good Standing
    • Conversions
    • Certified Copies
    • Corporate Entity Management Services
    • Corporate Bylaws & Minutes
    • LLC Operating Agreement Filing
    • Annual Report Filing Services
    • Create & File Timely Initial Reports
    • Corporate Seals & Embossers
    • Registered Agent Services
    • Appoint a Registered Agent
    • What is a Registered Agent?
    • Find a New Registered Agent
    • Registered Agent Faqs
  • Learning Center
  • About Us
  • My Account
info@domyllc.comBlog
888.366.9552
DoMyLLC.com DoMyLLC.com
  • Start Your Business
    LLC
    S Corp
    C Corp
    DBA
    Form a Professional Corporation
    Apply for an EIN
    Nonprofit
  • Compliance Solutions
    Business Filing Services
    Amendments
    File a DBA Online
    Foreign Qualifications
    Dissolution
    Reinstatement
    Withdrawal
    Certificate of Good Standing
    Conversions
    Certified Copies
    Corporate Entity Management Services
    Business Filing Services
    Corporate Bylaws & Minutes
    LLC Operating Agreement Filing
    Annual Report Filing Services
    Create & File Timely Initial Reports
    Corporate Seals & Embossers
    Registered Agent Services
    Appoint a Registered Agent
    What is a Registered Agent?
    Find a New Registered Agent
    Registered Agent Faqs
  • Learning Center
  • About Us
  • DoMyLLC.com
  • DoMyLLC Blog
  • Finance
  • Accounting Shortcuts for Small Businesses

Accounting Shortcuts for Small Businesses

on August 14, 2012by DoMyLLCin Finance

There are many parts of running a small business that are enjoyable. It’s amazing to have a hand directly on the pulse of a business and to control what happens every step of the way. Additionally, you are in charge of your own growth and expansion; the sky is the limit. However, there are certainly downfalls too. The inability to pass-the-buck, so to speak, is difficult. When there is a problem, you are the one who must deal with it. Another aspect of owning a small business that many owners dread is the accounting. Keeping the books organized and everything up-to-date is tricky, but there are a few simple shortcuts that can make this task easier.

Shoebox and Other Accounting Shortcuts

It seems nearly everyone has a smartphone these days. These high-tech gadgets are good for more than just texting and playing Angry Birds; they are often a useful tool for small business owners. Developers have created several apps that can make running a small business much easier. Consider these:

  • Shoebox – This app essentially turns your phone into a portable scanner. You can scan photos, notes, business cards and anything else, then save them on your phone’s memory. How does this help your accounting problems? Scan your receipts as you get them, and have a simple database of spending.
  • Accounts 2 – This app replaces your checkbook registry and creates a digital picture of your accounting process. You can see at a glance where the money goes.

Paycor

Dealing with your company’s payroll is a time-consuming process. However, not every small business owner has the means to hire someone to take care of it. The solution for many is to outsource the payroll process to Paycor. It’s the perfect balance between affordability and assistance. You submit your company’s payroll information to Paycor and a dedicated payroll specialist takes care of the process for you, working with you every step of the way. There are also online payroll tools to allow you to process your own payroll, if that is the route you choose. There’s a solution perfect for every business.

Quickbooks

Quickbooks is not a secret. This computer program is well known by business owners everywhere. While it does provide assistance, is still slow and cumbersome to work with at times. However, there are a variety of shortcuts built into the program that may have slipped by you. Take the time to learn more about the program, perhaps even learning a few of the shortcuts. The time you spend learning will pay off in the end when you are not fighting with Quickbooks and instead have it working for you.

There’s no need to overwork yourself, at least when it comes to accounting shortcuts. There are always tools and ideas out there to make your work a touch easier. If you find the entire process too overwhelming, a final suggestion is perhaps hiring a college accounting student part-time to help you with the difficult details of your accounting process. The student will appreciate building a résumé in his or her field, and you’ll get the benefit of a more affordable accounting assistant.

  • like
  • tweet
  • +1
  • share
  • pin it
  • mail
  • Previous

    Stop Thinking Small: Business Bankings Tips For All Sizes

  • Next

    How Do Startups Recruit the Right Talent?

Search

Categories

  • 101
  • DoMyLLC Blog
  • Finance
  • Human Resources
  • Infographics
  • Law
  • Marketing
  • Home
  • My Account
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Sitemap
DoMyLLC.com BBB Business Review
Copyright 2023 DoMyLLC.com