Browsing Tag:startup accounting services

Productivity Tips for Busy Small Business Owners

Small business owners are used to spreading themselves too thin. This makes them prone to believe that by doing many things at the same time, they are being productive. What they fail to realize is that their divided focus affects the quality of their output. Allow us to share some productivity tips to help you stay on top of things despite the busyness of your everyday work life.   Stay Healthy. Make sure that you get enough rest. Use the…

TIPS: How Philippine SMEs and Startups Can Earn More Profits in 2020

At JCSN Accounting Services, we take pride in providing efficient and precise assistance to businesses across a wide range of industries. Our commitment to helping them thrive goes beyond extending SME and startup business accounting services that enable them to make better financial decisions. We have prepared some tips that can help businesses earn more in the coming year.   Plan for the Long-Term. Your startup or SME must never be treated as a side job. Keep that in mind,…

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…

What SME Businesses Need to Know About the New Tax Amnesty Act of 2019

Republic Act No. 11213, otherwise known as the Tax Amnesty Act of 2019 provides tax amnesty on delinquencies as well as estate tax amnesty. Since we prepared this article to show what’s in it for SME businesses, allow us to focus exclusively on tax amnesty on delinquencies. In a nutshell, through such amnesty which covers all national internal revenue taxes, businesses with long overdue tax liabilities will finally be given a clean slate. This is because the taxes previously deemed…

How to Avoid Unwanted Tax Season Trouble

Tax time is mandatory, and no one is above it. Every year, businesses in the Philippines are required to submit tax returns to the Bureau of Internal Revenue (BIR). Filing taxes enable them to know if they owe additional taxes or eligible for tax returns. For those who don’t pay their taxes, it’s against the law to do so. In the Philippines, tax evasion cases, once proven guilty, can lead to a fine between ranging from ₱30,000 to ₱100,000, different…

JCSN Accounting Recognized by Xero as Bronze Partner

June 7, 2019 Paranaque City, Metro Manila – JCSN Accounting Services has been recognized by Xero as a certified Bronze Partner. Xero is a public software company that offers a cloud-based accounting software platform for small and medium-sized businesses. Xero is among the top accounting and bookkeeping software by businesses across New Zealand, Australia, the United Kingdom, the United States, Canada, Asia, Africa and the Philippines. The Xero Partner program is a certification and recognition that commends accounting firms for…

How Filipino SMEs and Startups Can Streamline Their Financial Book Management

As a Filipino business owner of either an SME or startup, it’s common to see that financial book management is a chore, tedious, and a pain. But, to be frank, it’s actually extremely important. Not only does it make tax time easier, recording your transactions make it easier to look back and track your financial activities. Managing your business’ financial books is an obligation, and here are tips on how you can streamline your financial book management.   Avoid Procrastination…