Posted by: Hysam Darwan | August 6, 2015

7 Reasons Your Small Business Should Use Accounting Software

Tom Carlson

Tom Carlson’s Blog Post

During tax season, many business owners provide their accountants with their tax data sometimes neatly compiled and other times in less than orderly fashions. When accountants receive client’s information without any structure or method they tend to wonder what expenses may have been omitted.

Tom Carlson business turnaround and finance

On the other hand, when a client delivers a computerized accounting file that has been kept up to date and includes cash and credit card purchases, accountants can be much more confident that every eligible deduction will be included on the tax return. in my opinion all serious business owners need to keep their books on computerized accounting software. Aside from completeness of data, I have compiled a few other reasons to track a small business’s financial transactions using modern accounting software:

  1. Bank Reconciliation Made Simple: You will not miss deductions when you reconcile your bank account on computerized software. The account…

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