Free Articles  >>  Business And Finance >>  Page 3933  >> 

Small Business Credit Cards Make Your Accountant Obsolete

Small Business Credit Cards: Make Your Accountant Obsolete

Copyright 2005 Edward Vegliante

Small business credit cards can play an important role in the success of many enterprises and small businesses. Yet currently most folks view of small business credit cards is extremely limited. Mostly they only think of them as tools to aid them in obtaining certain incentives for small businesses that credit cards have become famous for giving.

Problems That A Small Business Credit Card Can Solve

The more significant potential role that small business credit cards can play is that of helping entrepreneurs manage their businesses more efficiently and easily by greatly simplifying the accounting and financial record keeping tasks. There is no doubt that this is a critical area in the management of the affairs of any business and yet keeping constantly updated and accurate records is quite a challenge for any small business.

Many people thought that with the advent of popular and easy to use small business software accounting packages like Quickbooks, this problem was gone forever. Alas, some old problems persisted. One of them was that somebody still had to enter the details and somebody still had to keep all the receipts. Then there is always the struggle to separate personal expenses from business expenses for a small business. Not to mention the need to divide all the expenses into various different categories for tax reasons.

All these headaches instantly create the position for a full-time, experienced and therefore expensive accountant for any small business.

How Small Business Credit Card Reporting Systems Work Magic

Most small business credit card statements are very detailed and immediately eliminate the cumbersome need to get and carry around receipts with you. Small business credit card statements can easily be categorized and dividing personal and business expenses is a breeze.

What makes things even easier is the fact that these detailed reporting systems are accessible online and statements can easily be downloaded directly into most of the popular small business accounting packages around. What this means is that there is no need of getting somebody to key in your expenses into the system with all the possibilities of errors and omissions.

So with one master genius stroke of getting a small business credit card and ensuring that all expenses are paid using it, any small enterprise instantly creates a highly efficient and paperless accounting system that virtually requires no manpower.

You really need to have gone through the hassles of keeping track of your expenses by physically collecting and keeping receipts to appreciate how much of a relief a small business credit card accounting system can be.

Even if you choose to retain your accountant (which you should if you can afford him), they will now get involved in doing other more useful tasks that will impact even more directly on the success of your small business like researching for lower cost vendors and generally finding new ways to reduce costs and expenses for the small business. Meanwhile your small business credit card reporting system will accomplish most of the time-consuming daily tasks of the past. And let's not forget, the frequent flyer, cash back, and other rewards small business credit cards offer are great too!
About Author Edward Vegliante :

Ed Vegliante runs the website <a href="" target="_blank"></a> , a well organized credit card directory enabling the consumer to compare and apply for a variety of credit card offers including Small Business Credit Cards.

Article Source:
Article Url:

Article Added on Thursday, December 15, 2005
Other Articles by Edward Vegliante

First PREMIER Bank Credit Cards These Cards Might be Right for You
Is your credit history less than perfect? If so, First PREMIER Bank credit cards may be just what you need. First PREMIER Bank credit cards are a good option for those with poor or limited credit history. They offer low interest rates, instant credit decision features, and monthly reporting to 4 credit bureaus. Who the Card is For The First PREMIER Bank credit card is available for consumers who have had trouble getting approved for a major credit card. If you have a history of poor credit,...

Cash Back Credit Cards Let Your Credit Cards Pay You
Want to receive cash every time you swipe your credit card? That's exactly what you'll get with a cash back credit card. This type of credit card is designed to give you rewards in the form of dollars. All you need to do is use the card. Sound like a good deal? It is. Here's what you need to know about cash back credit cards. The Cash Back Process In basic terms, these cards give you a certain percentage of cash back when you make a purchase. So what does that mean for you? It means that when...

Applying for a Credit Card after Bankruptcy
Have you filed recently for bankruptcy? Are you worried that your chances for credit are gone? If so, here's some good news: you can still get a credit card. And here's some better news: you can start taking steps immediately to rebuild your credit. With careful planning, you'll soon be back on financial track. Read on to learn more about applying for a credit card after bankruptcy. Credit After Bankruptcy A bankruptcy filing can stay on your credit report for up to ten years. Yet you do not...

Low Interest Vs Cash Back Credit Card Questions Answered
Ahh, credit cards. All those offers, tons of fine print... what does it all mean? Whether you're applying for your first credit card or are a long-time cardholder investigating alternate options, it's wise to get the facts before moving ahead with a new plan of action. Read on for answers to commonly asked questions. What's a low interest credit card? A low interest credit card offers reduced APR (annual percentage rate) for cardholders with an excellent payment history. If you consistently...

Publishers / Webmasters
Article ID: 33877
DELINK URL from Authors Bio
REMOVE Article
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:

210 Users Online!!
Related Articles:
Latest Articles:
Business And Finance >> Top 50 Articles on Business And Finance
Category - >
Advertising Advice Affiliate Programs Automobiles
Be Your Own Mentor Careers Communication Consumers
CopyWriting Crime Domain Names DoT com Entrepreneur Corner
Ebooks Ecommerce Education Email
Entertainment Environment Family Finance And Business
Food & Drink Gardening Health & Fitness Hobbies
Home Business Home Improvement Humour House Holds
Internet And Computers Kiddos and Teens Legal Matters Mail Order
Management Marketing Marriage MetaPhysical
Motivational MultiMedia Multi Level Marketing NewsLetters
Pets Psychology Religion Parenting
Politics Sales Science Search Engine Optimization
Site Promotion Sports Technology Travel
Web Development Web Hosting WeightLoss Women's Corner
Writing Miscellaneous Articles Real Estate Arts And Crafts

Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of and/or its owners.

Copyright AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Business eMail Address Provided By AwareIndia

Company IDS