Finaccountants  a venture by Finguru Services India Private Limited

Bookkeeping

What is the accounting cycle, and how does it work?
the-accounting-cycle

What is the accounting cycle, and how does it work?

According to bookkeeping process that is used to produce information for business stakeholders about the company’s financial performance and position, for a specific period (monthly, quarterly, annually). The primary reason why the accounting cycle is required in every business is that it maintains all the financial data consistently, accurately, and in an organized format. Also,…

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The Future of Accounting and the Role of Technology
the-Future-of-accounting

The Future of Accounting and the Role of Technology

Overview The future of accounting looks to be heavily influenced by accounting and bookkeeping tasks. This trend is expected to persist and even accelerate in the coming years. Here we have listed a few technological trends that might change the accounting future. Accounting Technology:

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13 Financial Statement FAQs to Know
Financial-Statement

13 Financial Statement FAQs to Know

Financial statement mirrors the health and status of your business. Sorting through various aspects such as debit, credit, income, and expenses calls for financial literacy. Accounting is a language in itself; to understand financial summary, you must be wary of a few accounting terms. We are often approached by our clients with plenty of questions…

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Small Business Bookkeeping & Accounting: In House Vs. Outsourced
Bookkeeping Sevices

Small Business Bookkeeping & Accounting: In House Vs. Outsourced

Small business bookkeeping and accounting bring loads of complexities and choosing whether to do it in-house or hire an

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Top 6 eCommerce Accounting Basics You Must Know
eCommerce-Accounting

Top 6 eCommerce Accounting Basics You Must Know

The eCommerce market is booming, and as the trends suggest, it will not slow down anytime soon. 

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CLOUD ACCOUNTING – Why and future for bookkeepers, Accountants, and Auditors
Cloud-Accounting

CLOUD ACCOUNTING – Why and future for bookkeepers, Accountants, and Auditors

Cloud Accounting is a relatively new concept but a very much accepted product in the business world, especially by the accounting aficionado. In the world, information about any subject is a click away; why should it take more time to obtain information on your own company's book of accounts? The thought of having access to…

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Why must you choose to outsource finance?
Outsourcing-Your-Finances

Why must you choose to outsource finance?

Outsourcing your finance can help your business grow, but many business owners are unaware of the benefits. Accounting and finance are frequently thought to contribute in traditional ways: Outsourced accounting and fractional CFO services that help a company think strategically and track its strategy back to key performance indicators (KPIs) can be critical in growing your…

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Why should accounting firms invest in Cybersecurity?
Cybersecurity

Why should accounting firms invest in Cybersecurity?

Introduction The rise of automation tools in accounting firms' operations made the life of customers easier than ever — but this has raised another alarming ring of factors, i.e., cybersecurity vulnerabilities.  There is a treasure of sensitive data at any financial firm that always attracts cyber crooks. As per PwC, 30% more prone to becoming…

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Ultimate Guide on Bookkeeping & Accounting Services you need to know
Accounting-and-Bookkeeping-services

Ultimate Guide on Bookkeeping & Accounting Services you need to know

It is not a good idea for a business owner to handle bookkeeping. You must maintain track of all receipts, comprehend cash flow, and prepare tax reports. Instead, you should hire a professional accountant or bookkeeper. But first, you need to understand the main distinctions between bookkeeping and accounting. As a result, we'll go over…

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