Monthly Archives: May 2014

Accounting and Bookkeping Services – Thoughts on Using a Professional

lBookkeeping is a very misunderstood undertaking. Most ambitious and intelligent small business owners believe that bookkeeping is a simple process. One popular belief is that you can save the cost of having a professional keep your books by doing them yourself. While I believe that bookkeeping can be done by everyone, not everyone has the patience or desire to properly keep their books. Having a professional bookkeeper can ease the burden on most business owners. Bookkeepers that are knowledgeable can help the business make intelligent, informed decisions

Hiring a professional bookkeeping service is a very personal decision. Accountants and bookkeeping services can often be intimidating. All they have to mention is the IRS and they can get everyone’s attention. It is important that when you are contacting a professional for your business that you are able to relate. You should be able to understand what your bookkeeper is telling you. If you do not understand,¬†feel comfortable asking questions at



Exploiting WordPress Additions on CPA Websites’ Blogs

WordPress blogs very helpful for writers of all kinds and in all markets, but the handiness of just a couple of plugins adds additional functionality in many ways. Most plugins are coded, maintained, and distributed by WordPress users and could add  various layers of functionality and style to the blog.

What is a WordPress Plugin?

Anyone with WordPress blogs for their accountant websites can add plugins, and there are a multitude of uses and benefits to installing them; both for yourself and for your readers. The plugin could do something as simple as adding a Google Search option to your site or something as advanced as backing up your WordPress directory automatically on a scheduled basis, ensuring you are covered in case of disaster. In general, they are used to add additional functionality to your blog and save you the hassle of having to build and code it yourself.

How do I find plugins?

Like anything, you can find plugins all over the internet. One of them is within the admin panel of your blog. Your admin panel has a menu item called Plugins. To install one, simply click install! Another highly suggested option is to go to the official WordPress plugin webpage to search. The only downside to this is that you have to download the plugin to your computer first, unzip it, and then upload it to your accountant website’s WordPress blog. Either option is entirely user friendly and basic. Rarely, people may need to modify security settings on their server to get a particular plugin to work.

What do I do with my plugin?

Once you have found the plugin you would like to use, and if you installed it via the WordPress interface, you will need to activate it under the Plugin menu item.

If you downloaded the plugin to your computer, you will have to unzip it and then upload it to the wp-content/plugins folder. Then just go to the plugin menu and click activate. WordPress has made the user interface very user friendly.

Some plugins will work immediately, others require that you add code to your template. Additionally, some others require different adjustments aside from coding that need to be completed before the plugin will work. The authors typically provide you with installation instructions on their site, so look for a link in your plugins menu if you need assistance.

What’s next?

Don’t forget to confirm that your plugin is working properly. This could mean visiting your blog and testing it out, or you may be able to run the plugin from the settings menu if you installed a plugin that provides an automated service, like a backup, temporary file remover, or a site map creation plugin.

Voila! If your plugin is working, feel free to move on to your next task or to even look into more plugins!

Of course, there is always the possibility that your plugin won’t work right away. If this happens, double check that you didn’t miss any steps, and you may need to upgrade to the latest version of WordPress for some plugins to work. You should also review the instructions on the plugin authors’ site.

Recommended plugins?

Everyone will have different preferences and needs for their accountant website’s blog. Not all suggested plugins will be relevant to your blog and what you want to achieve with it, so feel free to search for plugins that work for you. In general I will always install Google XML Sitemaps, All in One SEO Pack, myEASYbackup, WP-reCAPTCHA, and Akismet. These serve a specific purpose for all of my blogs that I hope to make highly relevant, easily searchable and search engine friendly, and I’ve had the best luck with this “basic” package. I think it’s also very important to back up my blog, just in case. For that, I use WP-DBManager, which can even email my WordPress database to me on a daily basis. I also tend to keep the comments section of my blogs open because I’m always looking for feedback and opinions so I need a few plugins to help with comment spam.

Are they necessary?

The open-ended response is a resounding, “That’s up to you.” If you are happy with the operation of your blog comments and incur little to no commenting junk, then there’s no desperate need for you to look into installing piles of plugins. For users who demand further functionality from a blog or for bloggers who don’t know how to design, the plugins afforded to the WordPress society are a powerful time saving utility.

How Important is Business Accounting For Your Business

???????????All firms need to handle book keeping chores. All companies have accounts payables and receivables. All companies have liens and contracts that have financial workout which amount to keeping of books of accounts. For small business accounting there is lesser need of an accountant. Then there are financial accountants and tax accountant. Many times it is imperative to provide financial accounting services. All accounting services amount to financial accounting services.

Bookkeeping and accounting being a specialized service requires trained personnel and this is possible by qualifying professionals as a business accountant. You need to find an accountant for your company and employ them to render you the expert services you require. When you can’t find your regular accountant, you could use a tax accountant. They render the same financial accounting services also.

Depending on your necessities, you can appoint accountants suitably. You can meanwhile also look and find an accountant to manage your financial operations. Outsourcing is also a good way and based on your needs you can hire an accountant. They will prepare your tax papers and keep your books of accounts. They can also help you with financial analysis in your firm.

In a small business you get to have the proprietor who can handle all the accounting. However there are rules for certain business sizes even small businesses to hire or find an accountant to convene book keeping and handle the accounting procedures as a professional. Much to the needs of the government rules, a company that exceeds a limit of the capital investments needs to hire professional financial accounting services to handle the accounting. All said and done, the services being professional will be a trifle costly. However, it will be an advantage to seek professional help than to try to do it yourself.

There are basically 2 methods of accounting – Cash basis method and accrual method. In any method you need to take care of keeping business records separately. Keep Tax liability issues for income tax and other payroll taxes. You have financial and technical needs that have to be looked into. Then profits and remunerations are to be seen to and financial statement of accounts prepared. There are several accounts that need to be prepared, the trial balance, ledgers and the balance sheet has to be accurate and updated.

After the accounting procedure is complete, these have to be presented to the board of directors and in the shareholders meeting to the shareholders of the business. The shareholders have to be presented their profits and interests too. At the annual general meeting the board of directors makes a presentation of the balance sheet and announces the profits as per the chairman’s directives. A qualified accounting plays vital role in framing and sculpturing the way to prominence for all of these business screening areas.