What is the best accounting software? At Acuity, we get asked that question rather frequently, as many of the entrepreneurs we work with want to know which accounting system they...
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The balance sheet is a snapshot or moment in time. If you own a business, you’re probably at least somewhat familiar with the term balance sheet. If it feels like...
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Accounting controller, financial controller, director of accounting — these are three different ways to describe a finance guru who oversees accounting managers, accountants, and clerks/bookkeepers. But what does a financial...
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Ever wonder what other business owners like you are doing to improve their back office throughout the year? Well, you’re in luck! Small Business Tax Services In every quarter, our…
With the survival of many businesses in question when the COVID-19 pandemic hit in March 2020, people had to react immediately. And of course, with financial implications being the epicenter…
Every business owner approaches financial reporting transparency differently. Some are open books. Others, with no ties to outside debt or investors, may never share their company’s financials (other than with…
If you’re an ecommerce company looking for accounting help, it’s important that you work with a firm that understands your business. We specialize in accounting for Shopify sellers — meaning, we…
If you’re an ecommerce company looking for accounting help, it’s important that you work with a firm that understands your business. We specialize in accounting for Amazon sellers — meaning, we…
If you’re an entrepreneur raising capital, looking to go public, or even facing an audit, you’ll most likely need to mind the GAAP. In these instances, GAAP accounting is essential—yet…
Before we dive into all the details, here’s a quick TDLR: Clio is a tech stack software that allows your firm to easily manage clients, billable hours, business development, and…
Our Account Executive Tyler Horn has taken a lot of sales calls recently from potential clients inquiring about cryptocurrency. Many are saying, ‘Hey. I’m getting into crypto. Now what?’ The…
When business owners and entrepreneurs come to us for help, they’re in need of a solution, and so the first thing we really try to pinpoint is: What is the...
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Today we’re excited to announce our partnership with NetSuite! We’ve always said — and our clients have always agreed — that one of our biggest value adds is that we…
Good business starts with great data. Being able to easily access and understand your financials at any given time doesn’t just give you a better understanding of your current financial…
Pumpkin spice, football, changing leaves, horror films, and an extra hour of sleep aren’t the only great things about fall! This year you can also enjoy savings! ‘Tis the season…
ScaleFactor recently announced that it is shutting down in August and has already terminated accounting services. Beginning August 11, and continuing through August 27, contracts for ScaleFactor will end. Read...
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A recurring question we get revolves around entrepreneurs trying to figure out if they need a financial controller role in their company, and just why they need this middle layer…
As the CEO of Acuity, it’s my responsibility to keep an eye on current events, industry trends, and generally what’s happening within the market that we serve. One ongoing trend…
As a business owner, you don’t need to know the in’s and out’s of accounting. But you do need to know the purpose it serves and when your business could…
One of the questions we frequently get asked (by businesses of all sizes) is about international wires: What can I do about the high cost of international payments? When we…
It’s hard to believe, but Q4 is almost here! Every business is trying to finish the year strong and start next year off on the right foot. For your business,…
Many people use the terms bookkeeping and accounting interchangeably because of their overlapping duties. However, bookkeeping and accounting are not the same, and their differences could mean significant things for…
In today’s tech-driven world, few professions can be traced back hundreds — let alone thousands — of years. One exception? The field of accounting. Every business, large or small, relies…
Until now, QuickBooks customers have either used the platform themselves or worked with a third-party accounting firm to use it for them. But just this week, QuickBooks has launched its…
The market has been abuzz regarding a slew of recent changes from Intuit’s QuickBooks. Disruption is never comfortable, but these changes have accounting professionals and small business owners alike concerned…
Let’s talk cash flow. As a small business, cash flow is EVERYTHING. It’s a good indicator of your business’s current financial health, it informs your decision-making, and, through cash flow…
We get this question a lot, so don’t worry if you don’t know the difference between a CFO and a CPA. Here’s what you need to know as a small…
Automation has definitely been a hot topic these days in the accounting industry. Research shows that more and more business owners are accepting automation, and accounting firms must do the…
The new year is a great time to take a step back and assess your business. What did you accomplish in 2018? What are you trying to achieve in 2019?…
The end of 2018 is fast approaching, and the pace is becoming more frenzied. More things to do, more deals to close, more loose ends to tie up before we…
No matter the size of your company, it’s always important to have reliable resources to not only get the job done but to make your life easier. Whether you’re a…
You may be familiar with Reddit’s “Ask Me Anything (AMA)” series. Here’s our version. First up — our COO and resident cryptocurrency expert, Matthew May. 1. What’s your favorite customer…
The 2018 QuickBooks Connect event brought together over 50 speakers, 5,000 attendees, and close to 100 exhibitors under the “Anything is Possible” theme. With speakers like Amy Purdy, a paraplegic…
Who isn’t making the move to cloud-based technology? After many years of desktop-based solutions, the initial security concerns have all but disappeared and SaaS tech companies like yours have found…
This post is part of Acuity’s Master Class Series, dedicated to shedding light on financial and other influential industry topics. Our goal is to provide a deeper understanding of the…
In today’s economy, both consumers and business owners are more focused on cost-effectiveness than anything else — it’s just the smart way to navigate the current climate. The next smart…
If you’re a chapter-based organization with the goal of growing your membership, you may not have a dedicated person for bookkeeping or accounting. But that doesn’t stop the questions about…
We know that houses don’t sell themselves, which is why time is always money when it comes to real estate. On top of that, each developer, property manager, agent or…
If you’re in the professional industry — doctor, lawyer, architect, engineer, consultant — you’re highly qualified, expertly trained, and have absolutely no time to manage your financial accounts. On top of…
When cryptocurrency showed up, the accounting book flew out of the window. Not only did it make even basic accounting difficult, but with the very nature of cryptocurrency as a…
