Email
Cloud Financials and Project Accounting Experts
One of the really cool features in both Dynamics SL and Intacct is that it is fairly easy to add messages to data entry screens. Visuals are very effective and if you think about it, there are many useful purposes for on-screen messages, such as: Help ensure data entry is more accurate. Give tips about …READ MORE →
January has arrived and the busyness of annual tasks begin! Reconciling accounts, filing W-2s, preparing for tax returns, reviewing accounting system processes, and of course the 1099 process. We’ve listed three tips to help ensure your 1099 filing is accurate. After the three tips, we’ve shared how to generate a few reports in SL and …READ MORE →
The annual board meeting just wrapped up. You know what’s coming. “We need to document our accounting policies,” says a board member. “What if Jane CFO wins the lottery and never comes back? Our company would be a disaster!” Organizations often focus on the wrong reasons to document their accounting processes. The chances of someone …READ MORE →
Electronic payments through electronic funds transfers (EFT) are being accepted and required at more and more businesses. The ease and efficiency of sending EFT payments to your vendors is a drastic improvement over printing a check, stuffing it in an envelope, digging through the desk drawer for a stamp, and getting it to the post …READ MORE →
Your organization’s system of internal control encompasses all of the electronic and manual processes you use to ensure accurate reporting of your financial affairs. Processes like bank reconciliations, manager approval of purchase orders, owner review of vendor payables, supervisor approval of time cards, etc. Having processes that ensure good internal controls significantly decreases the chance …READ MORE →
Like most businesses, yours probably strives to have customers for life. To learn how to achieve that goal, you could read numerous books or go online and find thousands of articles on improving customer relations. You could even hire a consulting firm to come in and show you how to retain customers for the long …READ MORE →
I came across a story the other day that reminded me how thinking outside of the box improves the chances of finding the best solution to a problem. The Garden An older gentleman lived alone in New Jersey. He wanted to plant his annual tomato garden, but it was difficult work, as the ground was …READ MORE →
Entry-level accounting solutions like QuickBooks become very inefficient the larger your company grows. They have many hidden costs represented by a lack of automation, manual processes, reliance on spreadsheets, and little or no business insight, all resulting in poor productivity. When you switch to a modern, cloud-based or on-premise ERP system (such as Microsoft Dynamics …READ MORE →
You survived another calendar year end! 1099s have been issued, W-2s are out the door, and with any luck you’re back to a normal work day. The next couple of months could be a great time to start spring cleaning in your accounting system. For example, focusing on reducing the list of active vendors and …READ MORE →
The role of finance departments, especially in small-to-mid-size companies, is dramatically changing. Traditionally theirs was a secondary role. They were locked into the tasks of keeping the books, paying the bills, and delivering historical financial information to executives. Moreover, they were bound by the constraints of using burdensome, non-integrated financial systems. Today, because of the …READ MORE →