Blog – Mindspace

Posted by Saurabh Bhardwaj
On July 9, 2020
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accounting, accounting firms, accounting outsourcing, quickbook accounting, quickbook accounting services, quickbooks, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Looking for a real-time view of your finances? Want to do a scenario analysis based on the what-if’s to make more confident and informed decisions? Here’s the perfect way to cash flow forecasting you can trust:- Cash Flow Forecasting with Float By integrating seamlessly with your accounting system, Float can help you understand […]

Sales Tax in the USA and the cascading effect

Posted by Saurabh Bhardwaj
On July 8, 2020
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accounting firms, accounting outsourcing, quickbook accounting, quickbook accounting services, quickbooks, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Sales taxes are different from city to city, town to town, and state to state and as we know, calculation of taxes is not an easy task. Sales tax is generally calculated by multiplying the purchasing price by the applicable tax rate. The seller or vendor collects it at the time of the sale. […]

Guide to Accounting for Real Estate

Posted by Saurabh Bhardwaj
On July 7, 2020
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accounting, accounting firms, accounting firms usa, accounting in US, accounting outsourcing, accounting services, bookkeeping and accounting outsourcing, bookkeeping in xero, bookkeeping india, bookkeeping outsourcing, bookkeeping services, outsource bookkeeping agency, outsource bookkeeping services, tax preparations

While real estate deals are often quite complicated, the actual accounting is comparatively easy. Let’s break it down here:- There are two key questions that you need to ask yourself to do the accounting properly for your real estate acquisition:- Are you developing or flipping a property for a future sale? Or, Do […]

5 Incredible Benefits of Using Cloud Accounting for Small and Medium Enterprises

Posted by Saurabh Bhardwaj
On July 3, 2020
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accounting, accounting firms, accounting outsourcing, accounts, bookkeeping, bookkeeping outsourcing, outsource bookkeeping, outsource bookkeeping agency, outsource bookkeeping services, outsourced accounting firms, outsourced bookkeeping services, payroll accounting services, payroll outsourcing, remote accounting, US accounting services, virtual bookkeeping firm

Just over 53% of businesses have integrated the cloud into multiple aspects of their operations, such as client communication, project management, accounting, etc. With today’s valued-crazed and fast-paced business environment, accounting work is no longer limited to the traditional 9-5 job. Traditional accounting software is seen as cumbersome for small and medium businesses because […]

Why SMEs should outsource their tax and accounting functions in this crisis

Posted by Saurabh Bhardwaj
On July 1, 2020
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accounting firms, accounting firms usa, outsource bookkeeping, outsourced accounting, quickbook accounting, quickbook accounting services, quickbooks, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

The Corona pandemic has placed unprecedented stress on the accounting and taxation processes. The epidemic has not only affected the field of business management, even businesses that were well-established organizations, performing in the market for so many years and which were considered highly stable against recession, were also adversely affected. Millions of people have lost […]

COVID-19 Impacts on Accounting Industry in US

Posted by Saurabh Bhardwaj
On June 26, 2020
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accounting firms, accounting outsourcing, accounting services, bookkeeping and accounting outsourcing, bookkeeping outsourcing, payroll accounting services, quickbook accounting services, remote accounting, tax preparations, US accounting services, virtual bookkeeping firm, wave

COVID-19 has left the very foundations of global financial markets in a state of recession. The effects of this epidemic are increasing day by day and the undisclosed arrival of the Corona outbreak has caused major losses to small accounting firms. At Mindspace US we provide accounting and outsourcing bookkeeping services for accountants. So today […]

The Ultimate Guide to Zapier

Posted by Saurabh Bhardwaj
On June 21, 2020
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accounting firms, accounting firms usa, accounting services, bookkeeping, quickbook accounting services, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Zapier, an automation tool, can help you tie together two or more web apps to leverage their functionalities in an almost automatic way. This essential time-saver tool assists accountants focus on their most important work by saving time through the means of automation. Much like any other tool, Zapier is also a part of […]

Guide to Get Your Finances in Order

Posted by Saurabh Bhardwaj
On June 17, 2020
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accounting firms, accounting in US, accounting services, bookkeeping services, outsource bookkeeping agency, outsourced bookkeeping services, outsourcing companies, payroll outsourcing services, US accounting services, USA accounting, virtual bookkeeping firm

It’s the middle of 2020, and there’s no time like RIGHT NOW to get your money sorted. It is necessary to stay on top of your budget, but you have got to start somewhere, right? Sure, you know the ABC’s of sorting your finances, but sometimes it gets a little overwhelming, and you tend to […]

Virtual Accounting Department for Small Businesses

Posted by Saurabh Bhardwaj
On June 12, 2020
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accounting, accounting firms, accounting firms usa, accounting outsourcing, bookkeeping and accounting outsourcing, payroll outsourcing services, quickbook accounting, quickbook accounting services, remote accounting, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Virtual accounting departments are difficult to set up because of the logistics of obtaining and then returning the receipts of the departments you are trying to provide services for. In traditional accounting companies, you would have a drop and a physical location where companies and the organisations can deposit their receipts on a weekly and […]

How to use Xero

Posted by Saurabh Bhardwaj
On June 11, 2020
0 Comments
accounting, accounting outsourcing, bookkeeping outsourcing, outsource bookkeeping agency, outsource bookkeeping services, outsourced bookkeeping services, payroll outsourcing, tax preparations, US accounting services, USA accounting, virtual bookkeeping firm

Xero is the best accounting software globally. Xero accounting software provides many features that can help you analyze key parameters in a couple of minutes. Xero has grown from an accounting perspective to a small business, making banking relationships core to the small business community. The main features of Xero accounting software include automatic bank […]

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