Accounting Trends 2018 that Business SMEs Should Know

The accounting field in the Year 2017 becomes its milestone. Since this year, accounting began to be applied with technology and automation processes. Application of special software such as Quickbooks Accounting Software, Sage 50 Quantum Accounting, Invoice2GO, XERO or MyOB with all its features by most SMEs companies.

Let us review each feature of accounting software above.

  1. QuickBooks Accounting Software has the following features:

Expense Tracking: Record cost for tax time. You can even take and save your receipt with the QuickBooks Online mobile app. Invoicing: Create custom, professional invoices, sales receipts, and estimates you can send in minutes. Accounting Reports: Instantly see how your business is performing with customizable reports and dashboards. Cash Flow Management: Enter a bill from the vendor, and pay them only when they are due. Periodic payment schedule to save time. Accountant access: Accountant You can manage your records from anywhere, anytime so it’s easy to work together. Automatic backups: QuickBooks Online backs up data every day, so your numbers are always up-to-date. Data security: The bank security level (128-bit SSL encryption) ensures your data is secure. Free unlimited support: If you need help, support is available from Monday to Friday at 7:00 am – 12:00 am (GMT + 8).

  1. Xero Online Accounting Software has the following features:

Easy invoicing: Create regular invoices and get updates when opened. Go mobile: Xero mobile app works with iPhone and iPad & Android phones and tablets. Inventory: Inventory items accelerate invoicing when tracking sales and purchases. Multi-currency: Reconciliation of foreign currency accounts, with exchange rates updated hourly. 700+ third-party apps: Inventory, invoices, time tracking, fees, and more are all integrated with Xero. Attach files to data: Attach source documents to almost anything in Xero …

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Why is a Tighter Stop-loss Considered Wrong ?

Why is a Tighter Stop-loss Considered Wrong ?

People have many ways to minimize their loss. One of the popular technique in Forex used by both professionals and novice traders is the stop-loss. This is a strategy where your trades are automatically closed if they reach to your set levels of price. This stop-loss orders do exactly what their name says. They save your money from being gone into the Forex industry. It is not possible for the people to monitor their trades all the time. It creates confusion and you also need to plan for the next trades after placing this trade. One way to close the trades automatically is by setting a stop-loss at your expected price level. When the price comes down and hit this level, your trade will be closed. Many people set this system to tight and lost their money even in natural volatilities. This article will tell you why you should not set your stop-loss too tight.

Give your trade some space

The new traders never want to give space to their trade. Most of them use a tight stop loss to limit their risk exposure. But if you do so the market noise will always trigger your stop loss. You need to give some space to your trade. If you stop loss price is too obvious chances are very high it will be hunted by the big investors. The experienced professionals in the Australian trading community always suggest using a wide stop loss. But when you use the wide stop loss make sure you reduce the lot size. Never trade with big risk as it will cause heavy loss.

Use the price action signal

So what is the ideal place to place stop orders? To be honest no can tell this in the CFDs market. However, if you can understand the …

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Why Businesses Need Marketing Consultants on Side

marketing consultants

For many businesses both large and small, marketing is a necessary yet slightly tiresome task. When your core, day-to-day activities drive most of your business’ profit, it can sometimes seem like a waste of time to focus an extra hour of the day on marketing activities. But that’s not the case, marketing is essential to practically every business, and there’s no way of getting around the importance it can play in the way a firm’s success pans out. That’s why all businesses should strongly consider investing in a marketing consultant who can help them get their new business operation running smoothly. Whether it’s a social media maestro to help your firm go the distance on Facebook or a B2B expert who knows how to get sales sorted out, there’s a marketing consultant out there for you.

Make the most of the internet

Every business owner knows that the internet is full of potential to both change how our society works and how our economy functions too. Fewer business owners, however, know how to make the most of the internet for marketing purposes. Employing a marketing consultant provides a great return on investment then, because they have the skills to get into the nitty gritty of the marketing platforms on offer.

Even if you’re familiar with the basics off or instance Google advertising, it’s often a good idea to get an expert consultant in to help you push the potential of your business’ ad even further. That’s because there are all kinds of tips and tricks out there which only experts tend to know. Did you know, for example, that you’re much more likely to drive click-throughs on your Google advert if it contains a figure or a statistic about your business? It’s these kinds of insights which a marketing consultant …

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Things You Need to Know About Business

Things You Need to Know About Business

Business is one way to earn a lot of money. The reason why many people prefer to have their own business rather than investing their time and energy in jobs, is there are pretty good chances of getting success in business. SO if you are interested to earn a lot of money easily, business is a good option for you. If you are interested to have your own business, you need to read the following points and keep them in your mind:

·        Products and services:

One of the important things is business is to decide the product and the kind of services you want to provide. For example, if you want to launch a product, you should know all the pros and cons about it. If you are planning to sell warm clothes, and you live in the warm area, there is less chance of getting more sales. SO these things should be considered properly and thoroughly and for that you need more than one mind. Make a list of all the pros and cons of the product or services and see what suits you best among them.

·        Loans:

Another important concept that you should be familiar with before you start your business is loans. Yes that’s right. Now you can get loans for any kind of business. All you have to do is sign some papers. Now the main question is what kind of loan should you apply for? Well, if you think you would be able to return money easily, you should take a short term loan; otherwise go for the long term, as it will give you more time to return the money. No matter what kind of loan you take, you should remember to read all the papers before signing them off to avoid …

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How to Turn Your Business Dreams into Reality

We all have dreams of creating a business that turns us into a millionaire, with real influence, and a lasting value to the industry we’re aimed at, but how do you go about doing that? Here’s a quick overview.

Ideas and Research

Obviously, the initial part of starting a business is always going to be ideas and research. There’s no way to get around this, you need a solid idea you can pitch to people, that you know and believe in. It needs to be plausible, and ideally, inspired.

On top of that, you need to research it to the nth degree. You absolutely need to know every facet of the industry you’re getting involved with because, without that background information, you’ll never succeed in a new industry. That’s why working within an industry you already know is so handy.

Knowing Who to Know

Hopefully, you won’t simply be leaping into a whole new industry without knowing anyone at all, but if you are doing that, there are ways to get around those issues. Ideally, you want to be creating a business within an industry you already know and understand. You want to know colleagues and trendsetters within the industry and you want to be able to get them on board if needed.

If you don’t know anyone yet, and it’s crucial to your business idea to get some insider help, you need to start schmoozing. Get yourself down to conventions and functions, and start talking to all the right people. Build relationships with future clients and partners, just make sure you’re starting to create the network that’ll guarantee your businesses success in future.

Capital is Crucial

Everyone knows that in order to get going with any major business idea and to start really developing and making your mark, you …

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