Greetings!
In this month's issue of It All Add$ Up, you will learn tips to increase cash flow and find just the right QuickBooks App that you need. Also, can you believe we are midway through 2013...? Read the mid-year review article to learn more about the economy and the signs of recovery.
We put the AX to your TAX worries!
Lauri
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TIPS TO INCREASE CASH FLOW Does it seem like the busier you are, the slower payment is  coming back in? Accounts Receivable Turnover (ART) is a measure of the frequency of payment on accounts receivable, the money owed to you by your customers you are waiting to "receive." An imbalance of Accounts Payable and Accounts Receivable can create a cash flow crunch. Read on to see how to incorporate changes to get paid quicker.
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THERE'S A QUICKBOOKS APP
FOR THAT!
Did you know that Intuit has an app center hosting nearly 25 apps that work with QuickBooks Online? Click here for some of the top apps used. They integrate with the popular business accounting software to offer more features and functions and many apps offer a 30 day trial. |
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MID YEAR REVIEW
We're midway through 2013 and although the economy shows signs of recovery, many businesses are focusing on Obamacare and how it will affect them in 2014. Growth can also mean more tasks and work than a department or team can handle. Perhaps some of those tasks can be identified and outsourced. Are you missing important financial information that can impact the second half of the year? See what indicators we look for in our monthly review with our clients.
Because we review financials with our clients on a monthly basis, they have a solid understanding of their monthly cash flow as well as profit and loss. If you're shooting in the dark and don't know where you stand midyear, perhaps a bookkeeping service can help keep your business moving forward.
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