FAQ

Yes, in most cases, accounting services are tax deductible as they are considered business expenses.

Accounting advisory services provide strategic financial guidance to help businesses make informed decisions.

Accounting firms offer a range of services including bookkeeping, tax preparation, auditing, and financial consulting.

Accounts payable refers to money owed by a business to its suppliers or vendors for goods or services received.

MyBooks offers catch-up bookkeeping services to bring your financial records up to date efficiently.

Bookkeeping Clean-up Services involves fixing errors in existing records, while catch-up involves bringing outdated records up to date.

Our experts at MyBooks specialize in cleaning up messy bookkeeping records, ensuring accuracy and organization.

Cloud accounting refers to using online software to manage financial processes and data storage securely.

Cloud accounting software allows users to access financial data remotely, collaborate in real-time, and automate tasks.

Yes, cloud accounting platforms implement robust security measures to protect sensitive financial information.

Cloud-based accounting software is hosted on remote servers and accessible via the internet, offering flexibility and scalability.

Cloud accounting offers accessibility, real-time collaboration, automatic updates, and cost-effectiveness compared to traditional methods.

Advantages include flexibility and scalability, while disadvantages may include dependency on internet connectivity and data security concerns.

MyBooks offers personalized accounting solutions, including bookkeeping, tax and tax preparation, and financial advisory services, tailored to meet your business needs. Our expert team ensures accuracy, compliance, and efficiency in your financial management, allowing you to focus on growing your business with confidence.