Improving Cash Flow Through Your Tax Planning

Posted on December 14th, 2021 in Accounting, Money Management, Taxes

The importance of cash flow for a business’s sustained financial success cannot be overstated. Positive cash flow affects daily operations, payroll, and the overall financial health of your business. Without it, businesses that would otherwise be successful with high-quality products and services can quickly flounder. In the rapidly changing tax environment, especially with the emerging […]

What Is an M & A Advisory Firm?

Posted on November 4th, 2021 in Accounting, Money Management, Scaling & Business Growth

Mergers and acquisitions describe the process by which companies consolidate their assets through various financial transactions. These transactions include mergers, acquisitions, consolidations, assets purchases, management acquisitions, and corporate restructuring.

What Is a Fractional CFO?

Posted on October 18th, 2021 in Accounting, eCommerce Accounting, Money Management, People & Hiring, Small Business, Types of Accounting,, Your Back Office

If you’re a small business or a business trying to scale, financial procedures, reporting, and forecasting can seem like a nightmare. Fractionalized CFOs help you respond to these problems and more, ensuring you can execute your goals and position yourself for sustained financial success. However, you might have questions about the difference between a controller […]

What is the Difference Between an Accountant and a Controller?

Posted on October 18th, 2021 in Accounting, eCommerce Accounting, Money Management, Types of Accounting,, Uncategorized, Your Back Office

Structuring your company’s accounting infrastructure is always a challenge, no matter your size or success level. One of the questions companies often find themselves asking is about the differences between controllers and accountants. Controllers and accountants are closely related, but the main difference between the two roles is the level of oversight controllers provide to […]

What Is Cash Flow Analysis?

Posted on October 18th, 2021 in Accounting, Data Analytics, Money Management

Increasing your cash flow is essential for your company, no matter the industry. However, to increase your cash flow, you need to devise a tested, effective cash flow analysis strategy. But what is cash flow analysis and how does it improve this vital aspect of any business? Cash flow analysis involves more than just monitoring […]

How to Choose an Outsourced Accounting Firm

Posted on October 18th, 2021 in Accounting, eCommerce Accounting

Choosing an outsourced accounting firm can bring your company many advantages. However, once you decide to outsource accounting, you need to ensure the prospective firm can deliver those benefits as promised. This blog discusses what you should consider when hiring an outsourced accounting firm. To ensure you take advantage of all the benefits these companies […]

What Are Benchmark KPIs?

Posted on September 8th, 2021 in Accounting, eCommerce Accounting, eCommerce KPIs

Benchmark KPIs are financial key performance indicators that help gauge a company’s financial and operational performance while identifying future strategic initiatives for the future. These KPIs can often be automated, but they require thorough analysis to unlock their full potential. Fully Accountable has a complete team of experienced financial professionals who identify benchmark KPIs and […]

What Is eCommerce Accounting?

Posted on September 1st, 2021 in Accounting

Regardless of where you are in your eCommerce business, bookkeeping and accounting are two of the most critical determinants for your long-term success. Without a solid eCommerce bookkeeping and accounting system in place, things can quickly go awry. Unclear tax laws and exciting growth possibilities afforded by the internet are just a few reasons why […]

Outsourced Accounting Misconceptions

Posted on August 25th, 2021 in Accounting

Outsourced accounting comes with a lot of preconceived notions. After all, outsourcing any part of your business comes with inherent risks. You need to know you can trust who you’re outsourcing to and what they can offer. However, as this blog shows, many of these preconceived notions are simply misunderstood. While outsourced accounting is relatively […]

What is Cash Flow and Why is it Important?

Posted on August 18th, 2021 in Accounting

We here at Fully Accountable can sum up the importance of cash flow with one statistic: 82% of businesses that fail do so because of cash flow issues. Care about cash flow yet? This article discusses the reasons why cash flow is critical to any business looking to afloat. Cash flow gives you critical expense […]

Do you Outsource Accounting for a Startup?

Posted on July 29th, 2021 in Accounting

You’re a startup owner. Did you start your business to perform tedious bookkeeping tasks and constantly worry about training your new hires? No. You started your company because you care about your products and services and how they help your customers. Maybe you want a yacht along the way. Whatever your reasoning, you didn’t sign […]

8 Warning Signs Your Business Needs Outsourced Accounting

Posted on July 21st, 2021 in Accounting

As a small business owner, you need to make sure your finances are in check at all times, especially when you’re trying to grow. One accounting misstep can cause severe repercussions. You may not always notice when your accounting is at risk. However, these warning signs will quickly tell you when you need to consider […]

Category: Accounting