Accountants: How to Determine the Best KPIs for Your Clients

Your first step as a financial advisor should be asking your client one simple question: What is most important to you? Making sure your employees get paid? Maintaining an average revenue per client? Growing your list of referrals? Staying above a certain balance in your bank account at all times? Asking these initial questions will […] The post Accountants:...

3d

5 FreshBooks Features Accountants Love

Accountants want a software experience that’s user friendly and efficient, for themselves and their clients. We listened to our FreshBooks accounting community, and created a platform that easily solves daily bookkeeping dilemmas and paves the way for higher-value service offerings. Let’s expand on five features in particular that FreshBooks accountants...

3d

Why Your Firm’s Accounting Tech Stack May Be Hurting Your Client Experience

I was the co-founder of an accounting firm for almost six years. During that time, I was proud that my team developed a seemingly perfect workflow, built around our accounting software of choice. I thought this approach made us more efficient. Now that I’ve stepped away from the firm and can look back on that […] The post Why Your Firm’s Accounting...

3d

Understanding Cost of Goods Sold for Services

There’s a lot of information on your financial statements and it can be easy to breeze right over some of the numbers. But one number you don’t want to miss: cost of goods sold (COGS). This number is important and isn’t just a number that you need to know to fill out your tax return. […] The post Understanding Cost of Goods Sold for Services appeared...

3d

Moving Forward with a New Project? What You Need to Know about Construction Contracts

When you’re about to embark on a construction project, you want to make sure that you and your client are on the same page. And the best way to get on the same page—both from a project and a legal standpoint? Drawing up a construction contract. A construction contract lays out the details and expectations […] The post Moving Forward with a New Project?...

2w

7 Tips for Building Relationships with Clients That Last

It’s a well-known fact that long-term clients spend more over time, which can have a big impact on your bottom line. According to global management consulting firm Bain & Company, a 5% increase in customer retention can produce more than a 25% increase in profits. So if you want to build a small business that […] The post 7 Tips for Building Relationships...

4w

New & Improved in FreshBooks: Mileage Tracking, Auto Apply Credits, and More

This month has brought with it some huge releases including Mileage Tracking. Here’s a breakdown of all the new and improved features that launched in August. Mileage Tracking Is Now Live in the FreshBooks iOS App Automatically track your mileage as you drive, easily categorize your business trips, and watch your potential tax deduction grow […] The...

5w

The Power of Integrating FreshBooks and Gusto

FreshBooks knows that accounting practices are only as powerful as the teams and technology behind them, and that integrations are invaluable when it comes to making the lives of firm owners easier. Gusto is without a doubt one of the most beloved payroll solutions in the accounting space. Introducing: The Gusto x FreshBooks Integration Integrating...

Aug 2020

Welcome to the Accounting Professionals Program

The key to solidifying a financially-sound future is guidance from a trusted advisor. Despite the volume of businesses that need this kind of support, there is still a disconnect. Business owners and accounting professionals are both spending too much time on the books, and not enough time strategizing how to scale their businesses. Our FreshBooks […]...

Aug 2020

New: Direct Debit Convenience, Now in the U.K.

When it comes to collecting payments from your clients, you want to make things as simple as possible. And in the U.K., one of the easiest ways for a client to pay is via bank transfer. In fact, according to research by BACS (Bankers’ Automated Clearing System), 90% of UK consumers use BACS Direct Debit […] The post New: Direct Debit Convenience,...

Aug 2020