Category Archives: Documentation

Set Up an Electronic Filing System for Your Business

Going paperless is becoming standard in the business world. If your company has not converted to electronic filing, now is a great time to understand the benefits of digital documents and what steps you can take to implement an electronic filing system.

What Are the Benefits of Using an Electronic System?

Digital copies won’t deteriorate. Over time, paper documents can fade, fall apart, incur water damage, or disappear altogether. On the other hand, electronic documents that are added to a filing system will stay in the same condition forever.

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What Should A Business Expect From Financial Statement Preparation?

woman sitting at a desk and using a calculator while preparing a client's financial statement

In a business of any size, financial reporting is critical to the success of the organization. When stakeholders need a clear financial picture of your organization, financial statements are the first place to which they turn. The process of preparing financial statements is an important one to be familiar with, whether you require these statements annually around tax time, or on a more regular basis. 

Before we dive into the preparation of financial statements, first let’s explore what exactly they are and what they’re used for.

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9 Paper Documents to Keep Forever

As tax season comes to an end and you file away your records, you may be looking at your ever-growing file cabinet and wondering, “can I get rid of some of these documents?” While there are many reasons to keep or discard certain paperwork, there are some documents you should never throw away! (IRS Tax Returns and supporting documents should be kept for 5-7 years, by the way.)

Below are the 9 paper documents you should keep forever in their original form:

Infographic of nine documents to keep forever in their original physical form

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