Bookkeeping

Paperwork can be intimidating, but it doesn’t have to be if you use the right tools. QuickBooks Online is one of the most feature-rich, but easy-to-use accounting solutions on the market, and can help to make the process infinitely smoother. Once you have a handle on the day-to-day use of QuickBooks Online, try adding a […]

Using an app such as Countingup can help save your hours of accounting admin as it automatically creates profit and loss reports for you. The management of online documents has become increasingly favored by businesses and individuals alike. It offers an ideal eco-friendly alternative to conventional printed and signed paperwork, allowing you to locate the

Finding qualified staff can be difficult—and training new hires while tax season ramps up is even more inconvenient. Outsourcing tax preparation to an experienced team with quick turnaround time helps you prepare more returns without hiring additional team members. OBS specializes in accurate and timely tax return preparation when outsourcing. Our experienced team has delivered

In the conservatism accounting principle, revenue and expenses both need to be realized. If they’re not realized, you can’t record them on your income statement or balance sheet. If you make a transaction that doesn’t result in a monetary exchange, intro to bookkeeping and special purpose journals revenue doesn’t get recognized. So if there is

QuickBooks Desktop Pro is the software that put QuickBooks on the map. In terms of accounting, QuickBooks Pro is one of the most developed solutions available, boasting a chart of accounts, journal entries, bank reconciliation, 130+ reports, and more. The downside of QuickBooks Online is that customer support is a bit lacking, and the subscription