HELPING YOU MOVE TO THE RIGHT DIRECTION
Choosing the right accountant for you could be one of the biggest decision you can make in your life.
An accountant can help you with any one of your life's major events. From having a new child
to dealing with a death of a loved one; from getting married to getting a divorce; from buying
a home to selling one; or from forming a new business to dissolving one.
A good accountant can be a good partner to help you make these events a better one. A good
accountant can help you save some of your hard-earned dollars and can make your business
and personal endeavors a more successful one.
Ladinez & Company, PC is a CPA firm located in the city Torrance, California. We provide services in income tax return preparations, payroll, bookkeeping, and business consulting. We are tax accountants, tax preparers, bookkeepers, payroll service providers, and business consultants. Our office is within a comfortable driving distance from the beach cities, such as Redondo Beach, Manhattan Beach, Hermosa Beach, El Segundo, Long Beach, San Pedro, and Rancho Palos Verdes. We are also within a driving distance from Los Angles city and Orange County.
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How To Determine If It’s Time To Buy A Bookkeeping Software?
Are you a small business owner still trying to figure out if you need to purchase an accounting or bookkeeping software now? Do you still believe that such kind of software is for large companies only and all it does is add unnecessary costs to your business? Before you answer that you must evaluate if accounting or bookkeeping software is right for you.
Can you honestly describe how healthy is your business? Can you easily track your cash receipts and disbursements? Is your business running on a profit or a loss? Are you always caught on surprise that you have no more stocks to serve to your customers? Do you find it difficult to monitor your receivables and payables? Is your business running on a negative cash flow or you are already on the verge of insolvency? If you are unsure to answer most of those questions, then there is a high possibility that you are in need of bookkeeping software.
Come tax reporting time, do you give your tax preparer headaches by always having difficulty in gathering info and documents?
Do you spend much time balancing your books and trying to trace where you made a mistake to the point that you neglect the more essential tasks in your business like selling and marketing which are the more profit generating functions in your business?
Those questions above will likely determine if you really need to make a transition from manual bookkeeping to computerized accounting. Most bookkeeping software aids in time saving. With just one entry, records and general ledgers are automatically updated and reports can be generated in real time. A neat and updated report can result in tax savings by avoidance of erroneous recording of income and expenses, and unnecessary filing extension. Customers and vendors ledgers are also automatically updated with fewer errors. It is easier to monitor receivables and payables, thereby, giving you more control of your cash flow.
Bookkeeping software can also make information be easily accessed by multiple users at the same time and even at multiple devices like desktop computers, laptops, and mobile phones.
There are some disadvantages, however, in bookkeeping software. Number one is the price. Bookkeeping software is more expensive compared to manual books of accounts. You may also spend on customer support and maintenance fees. If you have very few transactions, say ten vouchers in a month, bookkeeping software may be more disadvantageous to you. Your business might also have special bookkeeping needs that will make it costlier to purchase the software if there will be too much modifications to tailor fit your business.
If you want to successfully run your business, you must carefully weigh the advantages and disadvantages in your move from manual bookkeeping to bookkeeping software. You can take advantage of free trials in order to see which one is right for you. What is essential is to have a better system running in place and the choice whether it is manual or computerized is entirely based on your careful decision.
- We are CPAs, tax accountants, tax preparers, business managers and consultants based in Torrance, CA near Los Angeles & OC, serving the entire U.S. See us at Yelp & Facebook. Call us (424) 278-4838 or e-mail us at This email address is being protected from spambots. You need JavaScript enabled to view it. .
CPA Firm, Tax Preparers, Accountants, Bookkeepers, Payroll & Business Consultants in Torrance, CA
Our CPA firm is based in the City of Torrance, CA. We provide tax, accounting, and business services to individuals and business. The 2010 United States Census reported that Torrance had a diverse population with (51.1%) White, (34.5%) Asian, (2.7%) African American, (0.4%) Native American, (0.4%) Pacific Islander, (5.4%) from other races, and (5.5%) from two or more races. Hispanics or Latinos of any races were 23,440 persons (16.1%), while non-Hispanic whites formed 42.3% of the population. Our CPA firm understands and accommodates the needs of these diverse taxpayers.
We are a CPA firm, tax preparers, tax accountants, bookkeepers, payroll service providers, business managers and consultants based in Torrance, CA, near Los Angeles, Long Beach, and OC. And we serve the entire U.S.
Other facts about Torrance:
Torrance’s economy is majorly supported by big companies, such as Honda, Exxon Mobil Refinery, Allied Signal Aerospace, and others. The ExxonMobil refinery in the north end of the Torrance is responsible for much of Southern California's gasoline supply. Torrance was also an important hub and shop site of the Pacific Electric Railway.
Torrance was originally part of the Tongva Native American homeland for thousands of years. In 1784 the Spanish land grant for Rancho San Pedro, in the upper Las Californias Province of New Spain and encompassing present day Torrance, was issued to Juan Jose Dominguez by King Carlos III—the Spanish Empire.vIt was later divided in 1846 with Governor Pío Pico granting Rancho de los Palos Verdes to José Loreto and Juan Capistrano Sepulveda, in the Alta California territory of independent Mexico.
