Looking for tips to improve time tracking for accountants? Managing your own work schedule is one thing, but managing your time and your team’s time in a remote environment– potentially filled with distractions and less-than-ideal working conditions – is a completely different beast. The issue of time management is not unique to accountants, but it is a crucial one for those of this profession to master (quickly). Accountants generally work under strict deadlines and often deal with the timely delivery of important documents such as taxes, forms, applications, monthly billing, etc. Needless to say, it’s important to accountants (and their paying customers) that they learn to manage their time effectively. […]
As an accountant, you’re likely used to getting things done efficiently and don’t like to make mistakes. Does that sound like you? If so, selecting the proper accounting software is something you want to delve into only once and commit for life. We’ve outlined a few things to consider when looking for your perfect software match.
As February approaches, accountants brace themselves for what will be a particularly unruly tax season. The pandemic sparked extended deadlines and new tax relief options to navigate, and more people will be in need of an accountant to help sort it all out. We thought a touch of “niche humor” might be appreciated during these challenging times.
Are you currently using the On-Premise version of TPS Software and curious about TPS Cloud Axis– the online version of our accounting practice management solution? Many TPS clients have made the transition to Cloud Axis and it’s been serving them well. Here are frequently asked questions about transitioning to Cloud Axis and the steps you can take to make the switch.
You might think a global pandemic and economic downturn as not the best time to grow an accounting practice. Many companies are struggling to stay afloat and cutting expenses left and right. One expense that is difficult to cut– or even worth bringing on– is the guidance and support of a good accountant.
Could COVID-19 inspire more freelance accounting? Accounting has not been unaffected by the COVID-19 public health and economic crisis. At least 17,500 tax and accounting jobs have been lost, according to a report by CPA Trendlines. Many who kept their job suffered pay cuts, with one firm reporting 5% to 14% pay cuts for employees making less than $100,000 annually. Accountants who lost their jobs or suffered pay cuts may find freelance accounting a viable option.
How has your accounting firm held up through the pandemic? In a survey conducted by Accounting Today’s parent company, Arizent, 62% of leaders said their firm’s productivity declined with more staff working from home. Nevertheless, 82% of firms were “very” or “somewhat” likely to continue allowing employees to work remotely after the pandemic.
With the unique challenges that working from home– particularly amidst a pandemic– provides, even the most seasoned managers are struggling to keep tabs on their team and maintain productivity.
The rise of the gig economy– inspired by digitally savvy millennials and independent workers looking for flexible hours– has been paving the way for a freelance boom over the past decade. But no one could have predicted that the Coronavirus pandemic would usher us all into a work-from-home world, primed and ready for freelancers of all kinds.
Choosing the right practice management software for your accounting firm is more important than you may think. Not only will the platform you select integrate all the main functions of your business, it can also boost productivity amongst your team and even provide a competitive edge against your competitors.
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