310-278-5004 | info@magidovcpafirm.com

Magidov CPA Firm
  • Home
  • About us
    • The Firm
    • Our People
    • Client Testimonials
    • Strategic Partners
    • We’re Hiring!
  • Tax & Accounting Services
    • -
      • Accounting
      • Accounting Services
      • Auditing
      • Audits, Reviews and Compilations
      • Bookkeeping
      • Bookkeeping/Write-Up
      • Business Accounting
      • Business Consulting
      • Business Management Service
    • -
      • Business Succession Planning
      • Business Valuations
      • Buying & Selling A Business
      • Cash Flow & Budget Analysis
      • CFO Services
      • Consulting Services
      • Economic Damage Analysis
      • Estate & Trust Tax Preperation
      • Financial Forecasts & Projections
    • -
      • Financial Statements
      • Financial Statement Review
      • Forensic Accounting
      • Fraud Prevention & Detection
      • IRS Help Services
      • Litigation Support
      • Management Advisory Services
      • Nonprofit Accounting & Tax Services
      • QuickBooks
    • -
      • Real Estate Accounting
      • Small Business Accounting
      • Tax Consulting
      • Tax Planning
      • Tax Preparation
      • Tax Representation
      • Tax Resolution
  • Industries
    • Entertainment
    • Services
    • Construction
    • Medical and Health Care
    • Real Estate
    • Non Profit
    • Retail
    • Restaurant
    • Manufacturing
    • Wholesalers and Distributors
  • Resources
  • Blog
  • Contact
March 26, 2020

Mobile Accounting? It’s Here, Now

Ruslan Magidov Accounting, Cool Tech Tools

That’s right: The future is here! Now that it’s officially 2020, it may be time to jump on that accounting app bandwagon if you haven’t already done so. The exciting news is you can actually do a lot of your accounting tasks from your phone instead of your computer.

Here are just a few examples of accounting things you can do on your phone.

Banking

Are you still trudging to the bank to make your deposits?  If so, there is a better way! Simply download your bank’s mobile app, login, and look for the Make Deposit function. Get the check you want to deposit, write “For Electronic Deposit Only” on the back and endorse it. On your phone, enter the amount, then take a picture of the check. Presto! Hit Deposit and the money will be in your account in no time.

Receipts

Shoeboxes of receipts are a thing of the past. (Thank goodness, we say, as we wipe our forehead!) Send your receipts to your accountant simply by taking a picture of them and sending them via email or through a document entry system like Receipt Bank or AutoEntry.  You’ll need to set this up to connect with your accounting system, but once it’s set up, it’s a real time-saver.

Accounting

Wondering how much income you made last month? Download your accounting app on your phone and login to get many of the features that you have on your computer onto your phone. You’ll need to be on a cloud system like QuickBooks Online or Xero, or possibly have a hosted desktop solution in order to have this functionality.

Payroll

There’s no need to be tied to your desk on payroll day if you can submit or approve payroll from your phone.  Many payroll systems have apps you can download so you can be free of your computer.

Add-ons

There’s a mobile app for almost any add-on you might need, such as TSheets for time tracking or Square for taking payments.

Artificial Intelligence

There are even some apps where you can talk in plain English and get a plain English answer back. These apps are using artificial intelligence which is exploding in the accounting space.  You can ask questions about your cash flow or check a metric that you like to follow.

Feel free to reach out to us if you’d like to find out more or get help moving some of your accounting functions to your mobile phone.

If you find yourself on the go more often than not, having constant access to your business accounts and these features will be beneficial.

New Tax Deadline Is Official — July 15, 2020 Changes Affecting Small Business Employers

Related Posts

Business Tips, Cool Tech Tools

Cool Tech Tools: Easy Ways to Create Video Graphics

Cool Tech Tools

Cool Tech Tools: Apps that Get You Places

Accounting, Accounting Software, Business Growth, Business Tips, Technology

5 Signs You Need to Upgrade Your Accounting System

Recent Posts

  • Should Your Business Become Cash-Free?
    January 14, 2021
  • Wrapping Up 2020
    December 31, 2020
  • The Power of Listening
    December 17, 2020

Latest Tweets

→ Follow me
Magidov CPA Firm
  • Home
  • About us
  • Tax & Accounting Services
  • Industries
  • Resources
  • Blog
  • Contact

Contact Us

Tax Services, Accounting Services and Services for QuickBooks®

Magidov CPA Firm

1080 S La Cienega Blvd. Suite 205
Los Angeles, CA 90035

303 N. Glenoaks Bl., Ste 200
Burbank, CA 91502

info@magidovcpafirm.com

Phone: (310) 278-5004
Fax: (866) 334-0208


Intuit, QuickBooks, and QuickBooks ProAdvisor are registered trademarks of Intuit Inc. Used with permission under the QuickBooks ProAdvisor Agreement.
Copyright © 2020 Magidov CPA All Rights Reserved