QuickBooks to NetSuite Migration: A Comprehensive Guide
Migrating from one accounting software platform to another is a critical undertaking for businesses. This is especially true when considering a transition from QuickBooks to NetSuite.
How do I know which Software is right for my company?
Selecting the "right" software for your company might seem like an overwhelming task, but we'd like to help make this process easier for you.
Sage
Sage Software
Innovative software to manage your accounting, people, payroll, payments, and more.
Sage Intacct
Automate the critical processes, reduce the spreadsheet headaches, and get greater visibility into real-time business performance.
Sage 300 CRE
Sage 300 Construction & Real Estate connects finances and operations to help ensure maximum profit.
Sage 100 Contractor
The all-in-one construction software that goes beyond basic accounting to put you in total command of your projects.
Sage Estimating
Build bids quickly and precisely, plus integrate with other Sage software solutions to streamline operations.
Sage Paperless
Easily store, retrieve, and route documents for accounting and operations.
Sage Service
Streamline service calls and construction projects from start to finish with web-based real-time information.
Additional Solutions
Add-on these services to improve workflow and enhance data and analytics.
How and When to Choose Construction Accounting Software?
The right tools can help you manage your construction projects efficiently, provide clarity of your finances, and ultimately help improve profitability and job success.
5 Types of Visibility Every Construction Firm Should Have.
Here we list 5 key elements to help capture insights that are pivotal to running an efficient and lucrative constriction firm.
ABOUT
About Plumb
Plumb seeks to empower business owners and leaders to gain clarity about their financials to grow their business.
Case Studies
Learn more about our work with clients in a variety of different industries.
Meet the Team
Learn more about the Plumb leadership team.
The Plumb Promise
Careers
Want to join us? Check out our current open positions and apply today.
At Plumb we pride ourselves on providing "clarity in accounting and stewardship in service." But what does that actually mean?
What's the Plumb Promise and What's in it for You?
We're on a continuous journey to go above and beyond for our clients. Here's how we do that.
Why Double Entry Bookkeeping is so Important for Accurate Financials
Posted on April 30, 2021 at 7:19 PM
Written by Justin Atneyel
Double entry bookkeeping is an accounting system that means every transaction requires two accounts. For example, when a business uses funds from a loan, their Cash account will increase and their Liability account – or Loans Payable will increase.
Double entry bookkeeping allows for the accounting equation (assets = liabilities + owner’s equity) to be in balance.
Double entry bookkeeping also means that the amounts entered into the General Ledger accounts as debits must be equal to the amounts entered as credits.
AtPlumb, a premieroutsourced accountingfirm, we work with companies across the country to handle their bookkeeping and accounting needs. Our accountants understand the importance of the double entry system in order to get an accurate view of business finances. By tracking every transaction and recording a debit to one account with a credit to another account, we make sure all accounts are in balance.
The double entry accounting system is a more complete way to track your spending, cash and reconcile accounts. The benefit of using this system of tracking is to make financial reporting easier. This process will generate more detailed income statements, including statement of cash flow and balance sheets, so your business can have more up-to-the-date financial picture.
Considering using a firm foroutsourced accounting servicesto handle your double entry bookkeeping? Here are some of the ways that Plumb can help.
Top Bookkeeping Duties:
Assist with the production of accurate and timely financial reports
Balance the books on a monthly, quarterly and annual basis
Enter and track AP & AR in accounting software
Bank & credit card reconciliations
Payroll
Collections
Bill payment
Properly tracking income and expenses
Preparing and filing 1099s & 1096s
Bookkeeping with QuickBooks
Plumb works with companies on a part-time and interim basis or can fully outsource your accounting department, and we have industry expertise and software expertise in Sage, NetSuite, and QuickBooks. Pricing is on a fixed fee basis or hourly rates depending upon the level of services. Please contact us for more information. We're here to help!
