How to move your accounting practice to fixed fees

How to move your accounting practice to fixed fees

Wayne Schmidt from PracticeIQ was kind enough to ask me to sit in on one of his weekly webinars. In this video I share a bit what I learned about pricing in 3 years of starting up and running my online bookkeeping firm.

Xero Hits a Home Run with Find & Recode

Xero Hits a Home Run with Find & Recode

Today Xero released Find & Recode, a tool for accountants and bookkeepers to quickly find and edit transactions in bulk. As with a number of Xero features, QuickBooks Online has had this one for years. But as usual, Xero came through with a tool that is far more elegant and useful—so I'm not complaining! Here's a breakdown of Xero's Find & Recode and how it compares to QBO.

Is Bench Bookkeeping Right for My Business?

Is Bench Bookkeeping Right for My Business?

Started in 2012, Bench Inc. has grown quickly to become one of the world’s hottest accounting services startups. In January 2015, Bench closed a $7 million Series A round, bringing total funding to $10 million. With 126 employees, Bench appears poised to scale into what would be a first for the industry: a national bookkeeping services firm.

Starting out as a freelancer? Get an EIN, ASAP

Starting out as a freelancer? Get an EIN, ASAP

When you work as a freelancer, employers who are on top of their accounting game will always ask you for a signed W-9 form before they pay you the first time. Most freelancers just use their Social Security number as their tax ID number on the W-9. This is a big mistake, unless you really, really trust the company you’re working for.