An automated accounting landscape significantly changes the role of the accountant – but not in the way you may think. Many are concerned that technology will eliminate jobs, while in fact, it will eliminate the most time-consuming, manual processes that prevent accountants from delivering the strategy and analysis that drew them to this profession in the first place.
We can help you automate your system to get more from the same data.
Leveraging technology not only improves the efficacy that you need to deliver better intelligence, but it creates real-time access to financial data so that reporting and analysis can be done continuously. This provides the relevant, timely data executives need to inform business decisions and develop strategy, along with full confidence in the numbers. It really is the only way forward, especially with the increasingly complex regulatory guidelines and ongoing changes to local statutory reporting.
Robotic Process Automation (RPA) is not replacing your software or bookkeeper, but evolving their role and augmenting their effectiveness through automation. It is a progressive, positive, and necessary shift that is creating the digital workspace for accounting and finance professionals to focus on the greatest value they can provide to their organization.
We can assist in designing and implementing a solution that will allow you to use historical data to make information future decisions. Call us at 616-776-6457
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Since the Tax Cuts and Jobs Act (TCJA) passed into law, the deduction for personal exemptions is suspended for tax years 2018 through 2025.
Although the exemption dollar amount is zero, eligibility to claim an exemption may make you eligible for other tax benefits.
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It could be that QuickBooks is still the best choice for you. It’s an excellent product and many owners use it successfully.
But it’s definitely worth a conversation with your accountant. Ask what other solutions on the market might better align with your business structure.