Accounting -

Opening a Business Bank Account Is Crucial for Your Business – Here’s Why

Accounting, ArticlesBy Harbortouch POS Team October 27, 2022

You need a dedicated business bank account if you are a business owner. Many people use their personal bank accounts, but this can make paying your taxes or handling any of your business’s financial affairs difficult. It should also be noted that business bank accounts have many advantages, such as bonuses, cashback, and the option to open additional savings accounts. This post will explore this topic in more detail, explaining a business bank account is crucial for your business and for its success.

7 Tips for Finding The Right High-Yield Savings Accounts Online

Accounting, Articles, FinancingBy Harbortouch POS Team October 21, 2022

A lot of people have large amounts of savings, but no savings account. Storing money in your current account makes no sense because you don’t earn interest on it. Opening a high-yield savings account is very easy, and will ensure that your savings increase in value, rather than decrease. But how are you supposed to find a high-yield savings account? This post will answer that question for you.

How to Manage and Organize Small Business Finances

Accounting, ArticlesBy Harbortouch POS Team October 19, 2022

Running a small business is no easy task because there are a million things to keep track of, and if you’re not careful, your finances can quickly get out of control. But with a little organization and planning, you can stay on top of your expenses and income, and keep your business running smoothly.

Understanding The Importance of DCAA Compliance

Accounting, ArticlesBy Harbortouch POS Team September 21, 2022

The purpose of the DCAA is to audit and provide financial advice on contracts and subcontracts for the Department of Defense. To ensure that all contractors working with the Department of Defense comply with government regulations, the DCAA has developed a set of guidelines known as the “DCAA Compliance Manual”. Let’s explore what these guidelines are and why they’re important.

How To Automate Your Accounting And Save Time

Accounting, ArticlesBy Harbortouch POS Team November 22, 2021 Leave a comment

Accounting is one of those necessary evils that we need to do, but don’t want to. It’s the bane of many entrepreneurs’ and freelancers’ existences – so much so that there are people known as “virtual accountants” who will do accounting tasks for you for a fee. Here are several suggestions for ways you might manage your accounting without the need for a virtual accountant.

Warning Signs That You Need A Small Business Accountant

AccountingBy Harbortouch POS Team November 15, 2018 Leave a comment

We here are to surprise you with some critical factors describing that hiring a small business accountant is completely necessary and worth the cost. A business accountant can save your business thousands and make your life as a small business owner worthwhile. In light of this, when businesses should hire a small business accountant?

3 Reasons You Need POS Integration With Your Back-End Accounting Software

AccountingBy Russ Davidson August 28, 2018 Leave a comment

Retail accounting already has unique challenges, and ensuring that you have proper integration between all business software (in this case, your POS system and your back-end accounting) is crucial. Some key ways of keeping customers coming back to your restaurant include

Can Accounting Software Help Keep Your Cash-only Business Legal?

AccountingBy Rachel Blakely-Gray June 26, 2018 Leave a comment

Running a cash-only business means you strictly accept cash payments and pay in cash, leaving out a credit card and electronic payments. Although it might seem like a way to cut back on time and eliminate credit card fees, cash businesses can quickly come under IRS scrutiny for underreporting income and taxes.