Accounting Systems Archives - Patriot Software Mon, 24 Jul 2023 17:48:32 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://www.patriotsoftware.com/wp-content/uploads/2020/01/cropped-site-favicon-32x32.png Accounting Systems Archives - Patriot Software 32 32 How to Use Accounting Software https://www.patriotsoftware.com/blog/accounting/how-use-accounting-software/ Fri, 04 Nov 2022 17:30:00 +0000 https://pslohio.wpengine.com/uncategorized/how-use-accounting-software/ After deciding to streamline your business processes with accounting software, you might be wondering, What now? You need to know how to use accounting software to get all the great benefits out of it. The first step in using accounting software is to choose which one you want. Though not all accounting software is the […]]]> How to Change from Cash to Accrual Accounting https://www.patriotsoftware.com/blog/accounting/cash-to-accrual-conversion-section-481-change-accounting-method/ Thu, 03 Nov 2022 13:04:00 +0000 https://pslohio.wpengine.com/uncategorized/cash-to-accrual-conversion-section-481-change-accounting-method/ When you started your business, you might have chosen to use cash-basis accounting. Cash basis is the simplest way to record your books. It is good for new businesses with few transactions. You might consider switching to the accrual accounting method as your business grows. Accrual accounting offers several perks for financial management. And if […]]]> 7 Advantages of Accounting Software You Can’t Beat https://www.patriotsoftware.com/blog/accounting/advantages-accounting-software/ Thu, 25 Aug 2022 20:45:00 +0000 https://www.patriotsoftware.com/?p=56962 As a busy business owner, you’re always looking for ways to save your time and money. And, you certainly don’t want to waste your precious time, energy, and hard-earned cash on accounting tasks. The solution? Accounting software. Along with saving your money and time, there are plenty of other advantages of accounting software. Ready to […]]]> Changing Accounting Software? Here’s What You Need to Know Before Making the Switch https://www.patriotsoftware.com/blog/accounting/changing-accounting-software/ Tue, 23 Aug 2022 20:53:54 +0000 https://www.patriotsoftware.com/?p=56864 As a small business owner, you already have enough on your plate. There’s no reason to hold on to accounting software that doesn’t meet your needs. Changing accounting software can make your business’s day-to-day run smoother than ever. So, how do you do it? Read on for the scoop. Reasons for changing accounting software There’s […]]]> Crunching the Numbers: Setting up an Accounting System https://www.patriotsoftware.com/blog/accounting/setting-up-account-system/ Thu, 11 Aug 2022 18:58:32 +0000 https://www.patriotsoftware.com/?p=56785 Software is a popular type of accounting system you can use to streamline your bookkeeping process. Depending on the software you choose, you can save your time and money and focus on what matters—running your business. But first, you need to know about accounting software setup. Lucky for you, our guide makes setting up accounting […]]]> What Is Bookkeeping? The Truth Is in the Numbers https://www.patriotsoftware.com/blog/accounting/small-business-bookkeeping/ Tue, 19 Jul 2022 20:20:37 +0000 https://pslohio.wpengine.com/uncategorized/small-business-bookkeeping/ Whenever you make a sale or purchase, the amount of money your business has will change. Keeping track of your business’s financial transactions is key to your business’s future. Luckily, those sales and purchases create documents such as invoices and receipts. Bookkeeping tracks your finances through the documentation that your business creates on a day-to-day […]]]> How to Choose the Right Accounting Software for Your Business https://www.patriotsoftware.com/blog/accounting/choosing-accounting-software-whitepaper/ Tue, 21 Jun 2022 12:10:00 +0000 https://pslohio.wpengine.com/uncategorized/choosing-accounting-software-whitepaper/ Maybe you’re thinking about buying accounting software for the first time. Or, you’re finally ready to switch software providers. At some point, you may wonder how to choose accounting software. There are so many options out there that even knowing where to get started selecting the right accounting software can feel impossible. This article will […]]]> For Simple Bookkeeping, Consider Going With the Cash Method https://www.patriotsoftware.com/blog/accounting/simple-bookkeeping/ Thu, 26 May 2022 15:51:00 +0000 https://pslohio.wpengine.com/uncategorized/simple-bookkeeping/ alt=""Forty percent of small business owners agree that bookkeeping (the process of recording transactions) and taxes are the worst part of the job. Although it might be taxing (no pun intended!), bookkeeping is a key part of business. But, that doesn’t mean you have to make things unnecessarily difficult. For simple bookkeeping, you may consider […]]]> Should I Use Cash or Accrual Accounting? Your Answer Awaits… https://www.patriotsoftware.com/blog/accounting/cash-or-accrual-accounting/ Thu, 12 May 2022 19:11:13 +0000 https://www.patriotsoftware.com/?p=56253 When it comes to running a business, you take on the role of decision-maker. And, one of your biggest decisions is if you should use cash or accrual accounting. What’s the difference? How in the world does accrual or cash accounting impact your books? We’re gonna break it all down for you. Your accounting software […]]]> AI in Accounting: The Future Is Here [& Ready to Streamline Your Bookkeeping Responsibilities]  https://www.patriotsoftware.com/blog/accounting/artificial-intelligence-ai-accounting/ Tue, 26 Apr 2022 16:30:21 +0000 https://www.patriotsoftware.com/?p=56118 alt=""AI (artificial intelligence) has been a game-changer for everything from speech recognition to language translation and … accounting? Yes, AI in accounting continues to transform the process of bookkeeping. How so? Many accounting software platforms use AI to streamline tedious accounting tasks like data entry and bank statement reconciliation. Want to learn more about it? […]]]>