Question 1

Can Accountooze do my taxes?

Accepted Answer

Yes, currently Accountooze preparing and filling of taxes in USA and can prepare and file your 1040, 1120S, 1120 etc.

Question 2

Do I need a bookkeeper if I have an accountant?

Accepted Answer

No, there is a very thin line of difference and both the roles can be played by 1 person.

Question 3

What cloud tools Accountooze use for managing Books?

Accepted Answer

Quickbooks online, Xero, MYOB etc

Question 4

Does Accountooze assist businesses under 100k annual revenue?

Accepted Answer

Yes, Accountooze serve almost every size of business.

Question 5

What types of business does need an accountant?

Accepted Answer

Almost every type of business need a accountant.

Question 6

How bookkeeping services saves my business?

Accepted Answer

By helping booking of expenses and taking the maximum deduction and reducing the overall tax liability

Question 7

How to choose the right bookkeeper for your business?

Accepted Answer

Bookeeper should be efficient and should be very accurate.

Question 8

Do my accountant needs to be local?

Accepted Answer

No, in this virtual world accountants can be any where and need not be local.

Question 9

What are the golden rules of accounting?

Accepted Answer

Debit what comes in credit what goes out.

Question 10

What is the most commonly used accounting software?

Accepted Answer

Quickbooks and Xero.

Question 11

What are fixed assets?

Accepted Answer

All the immovable assets owned by the company is known as fixed asset

Question 12

Is payroll part of outsourcing?

Accepted Answer

No, that is a separate assignment.

Question 13

What are accounting outsourcing services?

Accepted Answer

Outsourcing the services of accounting division to an outside organization.

Question 14

Is it better to outsource accounting?

Accepted Answer

Yes it is always better to outsource accounting, as you will receive expert assistance.

Question 15

How much does it cost to outsource an accountant?

Accepted Answer

It will depend upon various factors, visit our pricing page.

Question 16

Does a bookkeeper do payroll?

Accepted Answer

Yes, a bookkeeper can also do payroll if required.

Question 17

How to outsource accounting services of a small business?

Accepted Answer

Contact Accountooze and we can help.

Question 18

Best USA accounting outsourcing companies in India?

Accepted Answer

Its Accountooze.com, contact us now.

Question 19

What are included in bookkeeping services?

Accepted Answer

Bank reconciliation, Data Entry, Accounting , Management reports.

Question 20

What is credit and debit in accounting?

Accepted Answer

Credit is a liability and debit is an asset.

Question 21

Should I hire an accountant?

Accepted Answer

Yes, you should always hire an accountant.

Question 22

How can I prepare for a tax season?

Accepted Answer

You should keep all the documents organized by hiring a bookkeeper / accountant.

Question 23

How do I file a small business taxes?

Accepted Answer

You need hire a consultant.

Question 24

What is monthly reconciliation in business?

Accepted Answer

Reconciling the book balance with bank balance.

Question 25

What are virtual CFO services?

Accepted Answer

Hiring an outside agency consultant who can look after companies finance.

Question 26

What tasks do accountant perform monthly?

Accepted Answer

Bank reconciliation, Data Entry, Accounting , Management reports.

Question 27

What’s the difference between an accountant and bookkeeper?

Accepted Answer

Accountant offer more complex finance solution then bookkeeper.

Question 28

Why is payroll important in accounting?

Accepted Answer

There could be penalties in case not handled accurately.

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