Technology is constantly evolving to meet the demands of each generation. Our most viewed blog and video of 2018 delved into how the CRM platform emerged to overtake the older ERP platform, offering customers a more flexible and customizable management solution.
Looking for late holiday gifts for your favorite accountant, or maybe already planning for next year? Be sure to check out these gift ideas that have an accounting twist ranging from accounting-themed t-shirts and shot glasses, to accountant-dog figurines!
Just in time for Halloween, we discussed the perils of using too many software applications to run your business. We uncovered issues that occur when relying on software that requires complicated integrations to work together and explored the value of business platforms that use built-in integrations for its various software.
Relying on outdated accounting data will definitely spoil your business plans. Make it your New Year’s resolution to get into the habit of updating and tracking your finances on a frequent basis. Be sure to invest in a scalable accounting application that will grow with your company and uses automation to help you avoid an accounting graveyard.
Used primarily by software companies and subscription-based services, deferred revenue hinges on the successful delivery of the items/services to the customer over a defined period of time. We covered how deferred revenue works, looked at why it’s considered a liability on your balance sheet, and delved into how account analysis can help you use deferred revenue effectively.