Last week’s article extolled the virtues of budgeting…and the vital reasons why your business – and EVERY small business – should create and operate with
While we are not CPAs and do not offer tax preparation services, we work closely with a number of CPAs and assist our clients by gathering the information and reports they need for their taxes.
Starting with clean books and financial statements will not only streamline tax filing but also lower tax preparation costs, and give senior management a clearer understanding of the company’s tax position
Start by reviewing the numbers that show your actuals (from your P&L report), your forecast (based on where you think you can make adjustments), and the difference or variance for each line item. Now you have a working budget!
lot of our initial conversations with IT client prospects center on disaster recovery – what is the worst case scenario that could bring your network down? Is it a server crash? Internet failure? Multiple workstations failing at the same time?
No matter what kind of business your own, it’s imperative that your bookkeeping not only track transactions in and out, but provide the intelligence you need to understand how your business is doing.