Aron Govil

“The cloud is already a reality in retail. It doesn’t matter whether you’re selling widgets or groceries, your company can benefit from its many advantages,” says Aron Govil. WHAT EXACTLY IS “CLOUD COMPUTING”? Let’s start with the basics. Cloud computing is an all-encompassing term for using web-based software and data storage to power business technology.… Read More »Aron Govil explains Why More Retailers Are Embracing the Cloud and What It Means for Their Future

Cloud-based accounting software is a type of accounting package where the main data storage and management occur on remote servers as opposed to your own computer explains Aron Govil. All you need to use such a package is an internet connection, which means you can log into the system from anywhere in the world. That… Read More »Aron Govil: What is Cloud-Based Accounting Software?

A Chart of Accounts is a list of the account numbers and titles that a company uses to classify its assets, liabilities, owner’s equity, income, and expenses for financial reporting says Aron Govil. Every transaction a business enters is assigned to the correct category in the chart of accounts. If you own or manage a… Read More »Aron Govil explains What is a Chart of Accounts?

A Guide for Business Owners and Decision Makers According to a study conducted by a global market research group back in 2008 about the number of companies that recognize the different uses of accounting systems, it’s been reported that only half of them have realized the need to have separate software solutions for their ERP… Read More »Aron Govil- The Differences between ERP, CRM and Accounting Software Systems

Smaller companies can be at a disadvantage in this respect, but ERP software for restaurants can help. For one thing, it can help with accounting says Aron Govil. This is especially important when you consider that many smaller restaurants may only have one or two employees who are dedicated to accounting tasks. With a solid… Read More »Aron Govil- The Benefits of ERP Software Solutions for Restaurants

Tax season is upon us and the fear of an IRS audit looms over many Americans’ heads like a black cloud explains Aron Govil. Unfortunately, there’s no way to guarantee you won’t be selected for an audit — you could be making a measly $30,000 per year or $300 million, it doesn’t matter; your chances… Read More »Aron Govil explains How to Make Tax Audits Less Stressful

Every business wishes to get the most from its data, but it can be challenging to maintain accurate information across a growing customer base says Aron Govil. This is where a CRM system comes into play. If your company doesn’t utilize a CRM system, then you’re likely spending too much time keeping track of customer… Read More »Aron Govil- How to Ensure Data Accuracy in Your CRM System

The first step of a retailer’s journey on the CRM road is through a powerful ERP system says Aron Govil. The benefits of effective and efficient retail software can be summarized as follows: 1) Reduction in operational costs of day-to-day administrative tasks such as accounting, billing, inventory management, etc. 2) Increased customer satisfaction levels, leading… Read More »Aron Govil- ERP System Implementation, Enhancement and Upgrade Considerations for Retailers

Accounting doesn’t need to be so exact. While the rule of sevens or nine can be useful in some regards, you should also trust your intuition about how many days have passed since an event. If you’re using a system that has worked for you previously, don’t fix what isn’t broken explains Aron Govil. You… Read More »Aron Govil- 10 Tips for Ensuring Your Accounting Staff is fit for Business

A taxpayer may deduct certain expenses for a car used exclusively in the performance of his or her duties as an employee if: The expenses are ordinary and necessary; Also, There is a business connection to the use, and There is substantiation that the expenses were actually incurred. Calculating Your Car Expenses If you itemize… Read More »Aron Govil- Can I Deduct Car Expenses If It Is Used Only For Business Purposes?

Yes. There are many resources available to assist you in filing your tax return. Many of the individuals who qualify for this service are seniors, students, or those who live in poverty explains Aron Govil. If you do not file your taxes every year it may be beneficial for you to do so. This is… Read More »Aron Govil: Are There Any Resources That I Can Use To Help Me With My Taxes?

Tax deductions can be a valuable tool for small business owners, as they can help reduce taxable income and save money on taxes says Aron Govil. Also, there are a number of different deductions that may be available, depending on the nature of your business, some of the most common deductions include: There are a… Read More »Aron Govil Shares 25 Tax Deductions for Small Businesses

Here are 18 Ways you can benefit From a Clean Break at the End of Year: 1. Clear your headspace. A fresh start can help clear your headspace, giving you a clean slate to work within the New Year says Aron Govil. This can be especially helpful if you’ve been struggling with stress or anxiety… Read More »Aron Govil Shares 18 Ways You Can Benefit From a Clean Break at the End of Year

When you are starting a business, one of the decisions you have to make is whether to incorporate your business says Aron Govil. There are pros and cons to incorporating your business, and it is important to understand them before making a decision. Here are some of the advantages and disadvantages of incorporating your business:… Read More »Aron Govil on The Advantages and Disadvantages of Incorporating Your Business