Category: Uncategorized
-
Integrating Bookkeeping with Business Strategy for Long-term Success
In the grand chessboard of business, every move counts towards victory or defeat. Similarly, integrating bookkeeping into your overall business strategy is not just a tactical maneuver but a strategic play for long-term success. Let’s explore how the fusion of bookkeeping and business strategy can set your enterprise on a path to enduring prosperity. The Foundation of…
-
Bookkeeping Myths Debunked: What Every Business Owner Should Know
In the world of business, bookkeeping holds a critical yet often misunderstood position. Myths and misconceptions about bookkeeping can lead business owners astray, potentially harming their operations and financial health. Let’s debunk some of these common bookkeeping myths and set the record straight, especially highlighting the role of online bookkeeping in today’s digital age. Myth 1: Bookkeeping is…
-
The Top Benefits of Outsourced Bookkeeping for Companies in the US
Companies in the US are constantly seeking innovative ways to streamline operations and enhance efficiency. As a result, outsourcing services is on the rise. Among them, outsourced bookkeeping services have emerged as a prominent service used by businesses of all sizes. Let’s dive into the key benefits that US businesses can reap from these services. 1. Financial Health Monitoring…
-
How Online Bookkeeping Can Transform Your Small Business
In today’s fast-paced business world, small businesses need efficient ways to streamline operations and boost efficiency. Enter online bookkeeping, a transformative tool that is reshaping how small businesses manage their finances. More than just a digital trend, it has come as a fundamental change in managing financial data as it offers unparalleled advantages over traditional methods.…
-
Tech Times names Maxim Liberty the best online bookkeeping service
In the fast-paced world of business, effective bookkeeping holds the key to financial success. Amidst a plethora of bookkeeping companies, one has risen above the rest, capturing the attention of both entrepreneurs and industry experts. Maxim Liberty, a leading bookkeeping service provider, has recently been recognized as the best online bookkeeping service by the esteemed…
-
Clutch names Maxim Liberty as the #1 Bookkeeping Service
Maxim Liberty, a pioneering bookkeeping service provider based in San Juan, PR, has recently received the prestigious #1 ranking on Clutch.co, a leading B2B ratings and reviews platform. This recognition further solidifies Maxim Liberty’s position as a frontrunner in the bookkeeping industry, showcasing their commitment to excellence, innovation, and unparalleled client satisfaction. Clutch.co’s annual rankings…
-
Maxim Liberty Celebrates 18-Year Anniversary
18 years focused on bookkeeping Maxim Liberty, a leading bookkeeping service provider, is proud to celebrate its 18-year anniversary. Since its founding in 2005, Maxim Liberty has been committed to providing high-quality bookkeeping services to businesses of all sizes. “We are excited to celebrate our 18-year anniversary,” said S Krishnakumar, CEO of Maxim Liberty. “Over…
-
FTC Safeguards Rule for Accounting & Bookkeeping
Outsourcing bookkeeping to a professional bookkeeping service provider can help small businesses save time and resources while ensuring that their financial records are accurate and up-to-date. However, outsourcing sensitive financial information to a third-party service provider also comes with its own set of risks. As part of the Gramm-Leach-Bliley Act, the Federal Trade Commission (FTC)…
-
What is an Accounts Receivable Aging Report?
What is an A/R Aging Report? Accounts Receivable (A/R) aging report is a financial management tool that tracks outstanding customer balances and invoices. It shows the amount of money owed to a business, the length of time those debts have been outstanding, and how those debts are categorized. In simple terms, the A/R aging report…
-
What is an Accounts Payable Aging Report?
What is an A/P Aging Report? An A/P aging report is a financial document that shows the outstanding invoices or bills that a company owes to its vendors or suppliers. It lists all unpaid bills and invoices, categorized by how long they’ve been outstanding. The report usually shows the invoices that are due within 30…