Browsing Tag:bookkeeping services philippines

How to Remove the Hassle from Bookkeeping in 2020

It is an acknowledged fact that most business owners regard bookkeeping as a tedious and time-consuming challenge. Then again, this task ought to be dealt with. But if you can take away the hassle from the process, it will become more manageable. Here is how you can do that.   Clean Up Books of Account Stick to a regular schedule to keep yourself on track. Make sure that your financial records are up to date so that you can determine…

Holiday Accounting Tips for Philippine SMEs and Startups

The fourth quarter of the year is usually the busiest time of the year for Philippine SMEs and startups because it’s the holiday season. As a business owner, it’s essential to consider how you’ll keep track of every expense done during this busy quarter. Here are simple accounting tips for businesses in the Philippines to take note of this holiday season.   Tip #1: Track Your Sales and Inventory One of the worst-case scenarios to welcome the holiday season is…

How Philippine SMEs Can Automate Accounting & Bookkeeping Practices

Developments in technology have opened more avenues for businesses to improve their processes. Of course, emerging technologies also affect the accounting industry. That’s why Noe Quiñanola, PRC Board of Accountancy chairman, said in an interview that accountants must learn new digital skills through further education. Basically, automation helps in reducing time in tasks as well as improve accuracy; hence, accountants become more efficient and productive. Going back to Philippine SMEs, the time to go digital is now, and here are…