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Welcome to the Resource hub of Iota Finance, where financial knowledge meets practical application. Dive into a curated collection of tools, insights, and expert advice designed to empower your financial decisions. From the latest tax strategies to innovative accounting tactics, our resources are tailored to enrich your business acumen and support your entrepreneurial journey.
hs_entrepreneurship • hs_business • 1 episode
How to create a monthly accounting cycle
Latest episode
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In this episode of "Not Your Father’s Accountant," Igor Tutelman, CPA, shares practical tips for small businesses and startups to streamline their monthly accounting process. He covers the essentials of a well-structured accounting cycle, including managing transactions, using the right software like QuickBooks and Xero, and setting up internal controls to reduce errors and fraud. Igor also provides guidance on documenting and delegating tasks, as well as regularly reviewing financial statements and KPIs to assess business performance. Throughout the video, he offers free resources like checklists and templates to help businesses implement these practices effectively. If you’re looking to keep your books accurate and up-to-date while avoiding last-minute stress, this episode is for you!How to create a monthly accounting cycle
2024-09-25
10 min