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Understanding
Financial
Statements. A
Map or A Maze |
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Many current Small Business
Accounting Users'
accounting data has become a maze. Not fully
understanding how to set up an Accounting System or understanding
Debits and Credits the language of Accounting, they need a map
to show them out of the maze. Our experienced
accountants clean up your Accounting data, and with
our training and review process, your Financial Statements
will become a map. The information you need to manage your
business will be at your
fingertips.
View Power Point Demo
A Map or A Maze
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Solution Resources
provides comprehensive accounting training to assist in the smooth
running of your business. Let us help you understand your software
program. We are experienced users of Intuit Master
Builder, QuickBooks, Peachtree and MAS 90 and MAS 200. We
provide implementation, training and support. Let us be
your CFO. |
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Includes:
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computerized
accounting
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computerized
payroll & payroll tax filings.
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monthly financial
statements
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preparation of
sales tax returns
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implementation of computerized
accountancy operations
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review of your
current accounting operations
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clean
up your accounting records
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training
your staff
Bookkeeping Services
Available - 813-269-0153
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It's easy for small-business owners to get so busy
that they slack off in one of the most important areas of their
businesses -- accounting. It always seems more important to close a sale
or service a customer than it is to balance the books. But if you don't
take time to tend to bookkeeping basics, your fast-growing business
could run off the tracks.
The following tips can help you focus on the crucial aspects of your
company's finances.
Protect your company from check fraud. Set up financial limits
for checks with your bank. Ask that your bank never cash checks made out
to an individual, except for payroll checks, which should be written
from a special account and only to designated individuals. Keep
inventory of blanks checks -- and keep all checks secure in a safe or
lockbox.
Keep careful records of all bills paid. Your financial records
serve not only as the basis for cost controls, but also as your tax
records.
Review all financial statements regularly. In other words,
balance your books! If more than a week goes by without writing down
expenditures and income, you'll be playing catch up. Too often, this
results in errors or overlooked payments. Also, reconcile your bank
statements as quickly as possible after receipt.
Continually review all costs and expenses. Don't let your
financial statements sit idly in the drawer. Use them to see how you can
cut costs, find better suppliers, reduce unnecessary purchases, etc.
Set cost-control systems. You or someone in an executive position
should approve all purchases over a certain dollar amount. Encourage
employees to include a description of need and importance with all
spending requests.
Monitor your collection procedures and outstanding invoices.
Payment terms should be written on every invoice you send out -- and
should be agreed upon with clients before a job is started. Ask that
payment be made within 15 or 30 days of invoicing. When working on long
projects, charge at regular intervals. Don't wait until your bill is so
high that if payment is not made you'll be financially hurt. Cash flow
depends not only on how much you make per hour, but also on receiving
payment in a timely way. |
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If you would like
to know more about Solution Resources' accounting and management
reporting & training services please complete the form below : |
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Our
Brochure |
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Solution
Resources, Inc. |
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Offices in Hillsborough and Pinellas County |
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111 2nd Ave NE Suite 900 |
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5415 Britwell Court Suite 100 |
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St Petersburg, Fl 33701 |
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Tampa, Fl 33624 |
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info@solutionresources.org |
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Phone:
813.269.0153
800.269.0153 |
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