Blog – Mindspace

Posted by Saurabh Bhardwaj
On October 15, 2021
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bookkeeping india, canada, online bookkeeping, quickbook accounting services, quickbooks, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Companies need to report to the Internal Revenue System (IRS) about their incomes and expenses every year. The main aim is to ensure fair payment of taxes, even though there are a plethora of tax service providers, but the key is to hire reliable outsourcing bookkeeping services as incorrect tax fillings can attract penalties and […]

5 Areas to Focus On When Outsourcing Your Accounting Work

Posted by Saurabh Bhardwaj
On October 8, 2021
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accounting firms usa, accounts outsourcing, bookkeeping and accounting outsourcing, quickbook accounting, quickbook accounting services, quickbooks, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Accounting is one of the vital elements of any business as it allows one to make well-thought financial decisions based on facts and figures. They can also keep track of the latest business finances. Ideally, outsourced accounting services in the UK come into the picture because it is challenging to run the business and […]

Most Reviewed Accounting and Bookkeeping Service Provider in India

Posted by Saurabh Bhardwaj
On September 28, 2021
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accounting, accounting and bookkeeping service, accounting firms, accounting firms usa, accounting in US, accounting outsourcing, bookkeeping and accounting outsourcing, bookkeeping services, outsource bookkeeping agency, outsourcing bookkeeping services, US accounting services, USA accounting, virtual bookkeeping firm

This year, Mindspace Outsourcing Services celebrates our 14th year in the accounting and financial services industry! Since 2007, we have been the leading provider of outsourced bookkeeping services to growing and changing businesses all over the world! The Manifest recognized our efforts and included us on their list of Most Reviewed Accounting Companies […]

Why should you have separate business and personal accounting ?

Posted by Saurabh Bhardwaj
On September 20, 2021
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accounting services, cpa accounting, outsource bookkeeping services, payroll outsourcing services, quickbooks, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Ignoring the lines between business and leisure is never a good idea as experts offer bank reconciliation services. When starting a business, it is vital to separate business and personal finances, and it would play a crucial role in how one’s company operates and how the corporate world perceives it. Differentiating between personal and business […]

Managing Client Expectations During the Tax Season

Posted by Saurabh Bhardwaj
On September 15, 2021
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accounting service provider, quickbook accounting services, quickbooks, remote accounting, US accounting services, USA accounting, virtual bookkeeping firm

Tax season is the maximum Productive time in a financial year for CPAs and accountants, accounting services providers. This method is also a hectic time and getting beaten with height tax season workload within reason common, as are sleepless nights, anxiety, and a consistent feeling of now no longer being capable of doing enough. The […]

Accounts Reconciliation to keep track of your business

Posted by Saurabh Bhardwaj
On September 6, 2021
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accounting services UK, online accounting services, outsource accounting, Outsourced Accounting Services, outsourcing for accountants, quickbooks online, QuickBooks Online Accountant

Account reconciliation…… Do you know what account reconciliation means? How important is it for your business? This post will tell you what it means and how important it is to keep your business on track. What is Account Reconciliation? Account reconciliation is when you compare the bank balance as per the company’s accounting records with […]

10 Mistakes to Avoid When it Comes to Accounting

Posted by Saurabh Bhardwaj
On August 31, 2021
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accounting, accounting firms, accounting firms usa, accounting in US, accounting outsourcing, accounting services, accounts, bookkeeping, bookkeeping and accounting outsourcing, coronavirus, outsourcing companies, outsourcing services, payroll accounting services, US accounting services, virtual bookkeeping firm

Ideally, bookkeeping and accounting are accessible for small to mid-sized businesses thanks to the technology and accounting software, but it hasn’t eliminated costly accounting mistakes. Some of the common mistakes include: Entering incorrect data- companies need to maintain accurate and complete business transaction records while entering incorrect data creates an inaccurate status of one’s financial […]

Real estate technology trends 2021

Posted by Saurabh Bhardwaj
On August 28, 2021
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accounting, accounting firms, accounting firms usa, accounting in US, bookkeeping and accounting outsourcing, cpa accounting, online bookkeeping, outsourced accounting, outsourced bookkeeping services, outsourcing services, tax preparations

The future is undoubtedly technological advancements, and the covid19 pandemic has also proven this point by accelerating technology adoption into industries globally. Additionally, the Real Estate sector has sped up during 2020, even though the COVID-19 pandemic seems to have set things back at first glance, and of course, all of us know that home […]

Save your small businesses with these cash flow strategies

Posted by Saurabh Bhardwaj
On August 16, 2021
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accounting outsourcing, bookkeeping outsourcing, online bookkeeping, quickbook accounting services, quickbooks, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

+ No doubt almost every element of one’s business can be perfect – the people, services, advertising, and market – but, irrespective of the fact that their business seems, one can still encounter cash flow problems that could threaten their company’s future. Therefore, the following cash flow strategy helps one save or safeguard their business […]

Cyber Security Risks to an Accounting Firm

Posted by Saurabh Bhardwaj
On August 9, 2021
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accounting firms, accounting firms usa, cloud accounting, cyber attacks, cyber security, online accounting, online accounting software, quickbooks, remote accounting, virtual bookkeeping firm

In today’s era, companies in most industries are vulnerable to various types of cyberattacks. According to the 2019 Symantec Internet Security Threat Report, approximately 4,800 websites are affected by cyber-attacks every month. Among all these businesses, accounting/bookkeeping is one of the businesses most vulnerable to security threats because customers deal with their valuable financial information […]

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