We offer free consultations. We’ll come out to your site and take a look at your current set up. We’ll give you immediate feedback on what’s working and what’s not, and how you could be using Quickbooks more efficiently. Working together, we’ll set up appropriate categories, breaking down income amongst other things into categories that will be relevant to decision making.
After catching up your books and setting up a strong foundation going forward, we will then make sure your charts of accounts are clear and concise. Often businesses are working with the default categories. When necessary we will create categories so you are tracking data in a way that is useful to your unique business.
We’ll look at your QuickBooks system holistically to see if you’re taking advantage of all the features; Credit card reconciliations, classes, and item lists for reimbursables are some of the most under used concepts yet are huge time savers. We will set up memorized transactions whenever possible; they can even work as a template resource saving you time when billing. While we may not be the least expensive service, we use every software resource available to save time, increase accuracy, and provide you with meaningful data and insight into your business.
We can help you understand the finance side of your business. Your last complete quarter and year of sales will be reviewed for trends, largest expenses by percentage, which will begin to identify which ratios to monitor. That can be anything from employee utility in the service sector to overhead for manufacturing. At the conclusion of such a meeting you should know your Overhead Ratio, what Actual Profit is compared to Potential Profit, appropriate Owners Draws, and a system of ratio monitoring so that we can quickly identify any issues going forward.