(800) 931-6557
(800) 931-6557
ASP
  • Home
  • Services
    • Accounting
    • Accounting FAQ
  • Recruiting
    • Services
    • Recruiting Team
    • Our Process
    • Recruiting Podcast
    • Top Candidates
    • Recruiting FAQ
  • Openings
  • Locations
    • Oregon >
      • Oregon Accounting
      • Oregon Bookkeeping
      • Oregon Team
    • Washington >
      • Washington Accounting
      • Washington Bookkeeping
      • Washington Team
    • Colorado >
      • Colorado Accounting
      • Colorado Bookkeeping
      • Colorado Team
    • Texas >
      • Texas Accounting
      • Texas Bookkeeping
      • Texas Team
  • About
    • Clients
    • Testimonials
    • Inclusion at ASP
    • Resources
    • Submit Resume
  • Blog
  • Contact
  • Payments
  • Home
  • Services
    • Accounting
    • Accounting FAQ
  • Recruiting
    • Services
    • Recruiting Team
    • Our Process
    • Recruiting Podcast
    • Top Candidates
    • Recruiting FAQ
  • Openings
  • Locations
    • Oregon >
      • Oregon Accounting
      • Oregon Bookkeeping
      • Oregon Team
    • Washington >
      • Washington Accounting
      • Washington Bookkeeping
      • Washington Team
    • Colorado >
      • Colorado Accounting
      • Colorado Bookkeeping
      • Colorado Team
    • Texas >
      • Texas Accounting
      • Texas Bookkeeping
      • Texas Team
  • About
    • Clients
    • Testimonials
    • Inclusion at ASP
    • Resources
    • Submit Resume
  • Blog
  • Contact
  • Payments

​In Pursuit of Profit

Read our expert article below or sign up to get articles sent to your inbox.​

11/18/2022

Comments

How to Fix Payroll Problems

 
Payroll problems are the type of issue that every company hates because they typically take a lot of time to identify and resolve and the employees that are affected are typically not very forgiving when the error requires payroll adjustments to correct. Additionally, in the case of public companies, payroll problems can quickly become big news, casting the brand in a negative light internally as well as externally. 
how to fix payroll problems
A businessperson in frustration looking at the word “Payroll” surrounded by related icons
The considerable time required to fix payroll mistakes is a significant penalty for any company to pay when an error occurs. Then, when you figure in the added cost of reduced employee satisfaction, which in turn can lead to turnover or hamper future hiring efforts, the cost of experiencing payroll problems becomes even steeper.  

Read More
Comments

9/7/2021

Comments

When Would You Need a Part-Time Accountant?

 
when do you need a part-time accountant
We talk to people every day that are looking for accountants for their companies. And being in the business of staffing organizations through both full-time hires and outsourced accounting services, we have noticed a trend in people’s thinking…

Business owners and hiring managers typically categorize their hiring intentions into one of two buckets: a part-time bookkeeper/bookkeeping service or a full-time accountant hire. But many business leaders overlook the value that a part-time accountant (or “fractional accountant” as they are referred to in the industry) can provide to their organization.

Whether the organization is for-profit or not-for-profit, a fractional accountant can be brought in for a variety of reasons to provide the same level of expertise of a full-time, dedicated accountant. While a fractional accountant from an accounting service provider may work on a less than full-time basis, their experience-level is as high (if not higher) than your average accountant.
​
The reason a fractional accountant may bring a greater breadth of experience the role is because they work with a variety of companies across a different industries and lifecycles simultaneously, which requires that they be well versed in a wide variety of accounting topics and stay abreast of all the latest news. As a result, fractional accountants may offer more accounting acumen at a much lower cost than their full-time counterpart.


Read More
Comments

7/20/2021

Comments

Should a Startup Hire an Accountant or Outsource their Accounting?

 
should a startup hire an accountant or outsource
As an accounting recruiting firm and financial services provider, we work with businesses everyday who ask, “Should we hire or outsource our accounting needs?”

This question is especially important for companies in the startup phase because they likely have significant cash flow concerns to consider. However, startups may also have other unique characteristics that make this question more challenging to answer, such as:
  • Interest from outside investors
  • Financing considerations
  • New market development
  • High growth market demands
  • Scalability challenges
  • Patenting needs
  • Family ownership

​While every business will have their own unique needs and challenges, it is generally best for a startup to outsource their accounting activities initially and then hire internally as their needs change. Where does that shift happen? 


Read More
Comments

2/1/2021

Comments

How is the Latest Round of PPP Loans Different?

 
how is the latest round of PPP loans different
The next round of Paycheck Protection Program (PPP) Loans is now open, and businesses can apply through the end of March. Borrowers that received First Draw PPP Loans and have already used or will use the funds for authorized uses can apply for a Second Draw PPP Loan.

While the first round of PPP loans was launched quickly with little prep time for advisors, many firms have since dedicated significant staff to assisting clients as they evaluate their financing options and submit PPP loan applications. The result is better support for organizations faced with making difficult financial decisions as they navigate an uncertain business landscape. So, as you consider applying for a PPP loan this time around, lean on an experienced third-party financial consultant to help you understand if you qualify, what the differences are from the previous round, and whether this type of lending is the best fit for your specific circumstances and long-term goals.

Since this is the second go-round, the rules are more clearly defined this time, leading to less ambiguity and confusion than there was with the first loan program. Some of the differences this time around include:


Read More
Comments

6/10/2020

Comments

Remote Workers and Payroll Considerations

 
Picture
​Remote work has always been an attractive proposition to employers because they can maintain productivity while cutting costs. Prior to 2020 having a remote workforce was an optional decision. Despite the benefits, many companies still chose to maintain employees in-house to foster a positive organizational culture and reduce technology needs. However, the recent pandemic has proven that external factors can influence the workforce at any time. This has necessitated organizations to be ready to manage the challenges that accompany virtual work even if they do not plan to have employees working remotely permanently.

Managing a remote workforce creates numerous barriers to “business as usual.” Cultural shifts occur, technology demands increase, security risks arise, performance criteria change, and bookkeeping must keep up as well.


Read More
Comments

4/6/2020

Comments

The Latest Oregon Law Changes that Affect Payroll

 
The Latest Oregon Law Changes that Affect Payroll
Recent changes to Oregon state law have made payroll management more complicated, requiring a broader awareness of how these changes will affect employee compensation in the coming months. Medical leave provisions, increased pregnancy protections, pay equity fixes, and retirement plan contributions have all been amended in Oregon for 2020. These legislative changes make accurate calculations and withholdings more crucial than ever before to avoid needing to pay back owed wages, delinquent taxes, and incurred penalties. ​​

Read More
Comments

3/29/2020

Comments

The Latest Washington Law Changes that Affect Payroll

 
The Latest Washington Law Changes that Affect Payroll
Major legislation that affects payroll and staffing in Washington state has been passed recently. Some of the new laws already rolled on January 1, 2020, while others will go into effect later this year. Legislation that spans changes to the minimum wage and exempt employee criteria, clarification of job duties, and issuance of paid family medical leave will add new complexities to HR functions and payroll calculations. ​These changes will affect operations across businesses of all sizes and compensation for a significant segment of the working population as well. 

Read More
Comments

3/22/2020

Comments

Common Payroll Errors

 
Common Payroll Errors
Payroll is a vital accounting function for any organization because it ensures that employees are compensated appropriately for their work and the business is complying with all applicable laws.

​Mishandling payroll can result in having to pay back owed wages to employees and back owed taxes to the government, as well as being hit with costly penalties.

Read More
Comments

3/15/2020

Comments

What Is QuickBooks Payroll Missing?

 
What Is QuickBooks Payroll Missing?
Intuit Payroll is a great add-on to QuickBooks, allowing small businesses to access many of the same features of more expensive payroll providers. However, much like QuickBooks itself, Payroll is a not a set-it-and-forget-it software that will automatically handle every detail for business owners and managers. Like any other payroll system, QuickBooks Payroll requires a certain amount of knowledge to get it set it up correctly and perform required upkeep.  

Read More
Comments

3/8/2020

Comments

What to Look for (and Watch Out for) When Using Payroll Companies

 
What to Look for (and Watch Out for) When Using Payroll Companies
​While some small business owners simply use a payroll software to manage payments to employees, others use full-service payroll providers. The decision usually hinges on cost of services and the scope of the work needed. Businesses with just a few employees and a small budget will typically choose to manage payroll themselves using an add-on that works with the accounting system or bookkeeping platform that they are already utilizing. 

Read More
Comments
Previous

    SUBSCRIBE:

    DOWNLOAD:

    The Ultimate New Business Formation Checklist

    DOWNLOAD:

    Accountant Evaluation

    Categories:

    All
    Accountant
    Accounting
    Accounting Systems
    Artificial Intelligence
    Audit
    Bank Reconciliation
    Benefits
    Bookkeeper
    Bookkeeping
    Brand
    Budgeting
    Business Analysis
    Business Trends
    Career
    Cash Flow
    Change Management
    Checklist
    Closing The Books
    Colorado
    Community
    Contracts
    Controller
    Depreciation
    Ecommerce
    Economy
    Finance
    Fraud
    Government
    Hack
    Hiring
    HR
    Infographic
    Internal Controls
    IRS
    Laws
    Leadership
    Legal
    Local Economics
    Manuals
    Market Trends
    News
    Nonprofit
    Online Bookkeeping
    Oregon
    Outsource
    Payroll
    Payroll Taxes
    Planning
    Procedures
    QuickBooks
    Record Keeping
    Recruiting
    Recruiting Market Reports
    Remote Workforce
    Reporting
    Restaurants
    Risk
    Sales Tax
    Scam
    Security
    Small Business
    Social Media
    Software
    Startup
    Statistics
    Strategy
    Taxes
    Technology
    Texas
    Time Management
    Washington State

    Archives:

    June 2025
    May 2025
    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    June 2015
    February 2013
    October 2012
    November 2011
    May 2011



    RSS Feed

Services

Accounting Services
Recruiting Services

​

Company

About
Oregon Team
​Washington Team
Colorado Team
​Texas Team
Clients


Support

Contact
CC
FAQ
​Resources
​Blog
​

ASP

Your resource for accounting & recruiting services. Serving Seattle, Bellevue, Redmond, Kirkland, Portland, Beaverton, Hillsboro, Lake Oswego, Denver, Lakewood, Aurora, Dallas, Frisco, Fort Worth, and more.
Contact us today for a free,
no-obligation consultation:
Toll Free (800) 931-6557
WA (425) 492-1901
OR (503) 473-0122
​CO (720) 572-8211
TX (214) 396-7403

[email protected]
© COPYRIGHT ASP - ALL RIGHTS RESERVED 
 A CFO Selections Company
Privacy Policy
Photos from Pricenfees, Debbieallendale