QuickBooks Tips
More Keyboard Shortcuts
Ctrl+A - opens the Chart of Accounts
Ctrl+F - opens the Find window
Ctrl+W - opens the Write Checks form
Ctrl+I - opens the create Invoice form
Ctrl+T - opens the Memorized Transactions List |
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Quotable Quote
"Nothing in the world can take the place of persistence.
Talent will not - nothing is more common than unsuccessful men with talent.
Genius will not - unrewarded genius is almost a proverb.
Education will not - the world is full of educated derelicts.
Persistence and determination alone are omnipotent."
-Calvin Coolidge |
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MindKeepers | | |
Stop worrying about your everyday bookkeeping. Now you have a trusted solution at a very affordable price!
Introductory offer:
NO SETUP FEES!
Call 954.447.0250
Offer Expires: 09/30 |
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MENDELSON CONSULTING
Atria Professional Center
18501 Pines Blvd Ste 204
Pembroke Pines, FL 33029
954.447.0250
The Centers of Westshore
550 N Reo Street Ste 300
Tampa, FL 33609
813.421.0801
www.mendelsonconsulting.com |
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About MENDELSON CONSULTING...
Founded in 1992, Mendelson Consulting specializes in QuickBooks Solutions and Information Technology consulting services. In 2008, Mendelson Consulting was recognized with two prestigious distinctions awarded by Accounting Technology magazine: 'Killer VAR', acknowledging our commitment and character as a value-added-reselling (VAR) organization, and 'Technology Pacesetter', recognizing our reputation among peers and participation on advisory boards and speaker panels at industry events. In 2009, we were recognized as part of Bob Scott's Insights 'VAR Stars' for our accomplishments in mid-market financial software.
We were the first charter member of the Intuit Solutions Provider Program. Mario Nowogrodzki currently serves on the Intuit Solutions Provider Program Advisory Council--the only consultant in the nation to serve since program inception, for three consecutive terms.
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From the Desk of...
MARIO NOWOGRODZKI, CPA/CITP
Founder and Principal
Why Should Small Business Care About Internal Controls?
Good internal controls are essential no matter how small the company for many valid reasons -- fraud prevention, embezzlement detection, accurate financials, the potential to go public, and a Sarbanes-Oxley (SOX) compliant customer requiring it, are all reasons to follow good internal control practices. Implementing controls into the financial accounting software alone is not enough to ensure compliance -- it takes people power too. Since most small business owners' background and primary focus are in their business and not in accounting, consultants play a key advisory role in helping a business design and implement sound internal controls.
There are several factors to consider when implementing good internal controls:
- Tone at the top / management
- Accounting system - segregation of duties, policies and procedures
- Financial statement accuracy, compliance and review
Tone at the top: Management's commitment to implementing internal controls sends a strong signal to the rest of the company. In any business, it all starts at the top. If employees see ownership or management move towards good internal controls, they will follow. Also, we emphasize to our clients (the small business owner) not to be "too busy" to spend time to monitor their financials on a regular basis. That is one of the best ways to reduce the risk of fraud -- management involvement and oversight.
For more information on internal controls come back next month for the second half of this article...
This was the topic of the most well-attended breakout session at the recent FABexpo in Tampa, that I had the honor to facilitate. Included in the presentation were examples of how to implement good internal controls using QuickBooks financial software.
...MARIO |
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Tampa's FICPA FABexpo
Early last month Enix Mendelson Consulting attended the Florida Institute of CPAs (FICPA) Florida Accounting and Business Expo in Tampa. Mario was quite busy at the event. He was part of the committee that planned and organized the trade show, he taught three seminars to much acclaim, all while manning the largest QuickBooks exhibit booth at the Expo. He was a man with many name tags at this event, literally.
(Mario with Doug Sleeter of the Sleeter Group at FABexpo)
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Mario will be presenting at The Sleeter Group's Accounting Solutions Conference in Las Vegas, Nov 7-9, 2011.
Use the code MN2011, it's good for $100 off the Regular or Combo (Conference + new Sleeter membership) price, through August 31. More details here |
Save a Tree! Make Your Office Paperless
Thinking about going paperless? There are many benefits and not many disadvantages to go for it. The are big benefits companies see in going paperless. For one, it helps the environment; making paper uses a lot of water, a lot of trees and a not to mention all the chemicals; the process releases harmful compounds into our air and rivers, including cancer-causing dioxins. By reducing our need for paper, we can make the environment a little bit cleaner. A second big benefit, and probably the actual reason many places are trying to go paperless, is that it can help save you and your business money. Just cutting back on paper and printers cartridges will add up to a lot of saved money. And if not for the environment or the money, then do it because it just makes sense. How? Consider this... have you ever had to search through a mountain of unorganized papers for a receipt, a bill, or just a bit of information? Frustrating does not even begin to describe the search. Just look at the picture, you've been there.
Going paperless can also boost productivity, save space, and make documentation and information sharing easier. And all this goes back to saving money. Making work easier saves time and energy which in turn boosts productivity. And reducing clutter would not only do that, but without the need for those big filing cabinets you can save space and maybe even move to a smaller more cost effective office. No matter how basic or advanced a paperless office is, there will always be some small amount of paper generated but the huge filing cabinets will slowly become a thing of the past with everything you need right on your computer. A paperless office involves a lot of backups. You can save documents on your computer hard drive and back them up to an external hard drive, an online data storage center, or even removable media such as CDs or DVDs if you don't have much data. And best of all, there are several software solutions that integrate document management into QuickBooks, allowing the attaching of source document images to actual QuickBooks transactions and records. Ask us how! |
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