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As the widespread practice of social distancing continues, many businesses have updated their policies for these unprecedented times. When the only certainty seems to be the unpredictability of this current situation, it can feel like there is a lot out of our control. As business leaders, we have some tried

One thing we’re never short on is advice for business owners. Process and procedure is the key to Payroll and Accounting. Skytrax Accounting and Payroll Services employees are trained on the optimal best practices and procedures for every aspect of Payroll and  Accounting. Extensive and ongoing training ensure our best

  During these uncertain times there’s a lot of uneasiness in terms of “how do I get my Monthly Payroll and Accounting done?”. We are living in an unprecedented times and with operational regulations constantly changing, we want to assure our community that we are here to support you and

Do you have strong sales but still find yourself in a cash crunch? The solution could be shortening the amount of time it takes to collect your accounts receivable. Here’s what you should do. 1. Speed Up Your Invoicing Do you batch up invoices and send them all at the

As your business grows from a start-up to a full-fledged established company, you’ll have more decisions to make when it comes to accounting. See what options exist and how to determine which one is right for your company’s success. 1. Hiring An Internal Accounting Department Keeping a business running smoothly

Budgeting and forecasting allow a business to plan accurately for its financial year. Below are 10 ways to improve these processes to create a strategic plan that meets your business’s financial goals. 1. Keep Budgeting and Forecasting Flexible Rigid forecasts and budgets aren’t very useful. Things change as the year

On the surface, managing the payroll process may seem like a simple, straightforward task. You provide pay checks to all your employees on time, and everyone in your company is happy. That seems easy, right? In reality, there is a lot more to the process than meets the eye –