The language of business is accounting! When measuring the effects of key indicators to the financial health of a company, these are defined in terms of accounting. Gross margin, cost of goods sold, accrual - accounting and bookkeeping processes measure these vital signs of your company's financial stability and health.
Make Sense of Your Financial Reports
Knowing QuickBooks is not enough to use your financial data effectively. You need to know what the data reveals in reports you run really mean to your business. Typically, your bookkeeper will record transactions and compile reports. Often, businesses only really take stock of their financial position at tax time. Even then, a page of numbers that you don't know the effect of upon your company will not give suggestions as to actions to take based on those items to cut costs and increase profit.
When you know accounting basics, you can finally make sense of what the general ledger and other reports are telling you about your company's financial health. You will be able not only to see what is happening up the present, but you will have the knowledge and tools to detect trends and to plan the future direction of your company based on reported facts, rather than gut feeling.
Learn How To Learn Accounting Basics and Make Your Business More Profitable
Train One Of Your Staff Members To Do Your Books
Why wait for your outside accountant or bookkeeper to arrive to get key financial data? To make timely decisions, you need real-time reporting of your financial data. Training one of your employees to do your books for you gives you access to answers to your financial questions NOW!
Promote From Within to Gain Company Loyalty
Few things communicate to an employee that you value them like investing in them. Sure, you are more fully taking advantage of an asset, but it means so much to an employee that you have confidence in their abilities and that you view them in a long-term capacity. Not only will you increase employee retention rates by investing in their skill set, but you typically will pay considerably less to train an existing staff member than you would to hire someone that already possesses that same knowledge level. If handled correctly, you can even offer the training as a voluntary benefit that an employee takes advantage of in their spare time, not on company time, since it is a learning opportunity like traditional schooling, not a job requirement.
What's more, the distance training offered in the Professional Bookkeeper program teaches real-world skills you can put to work right away. There is not a lot of lofty theory in the Professional Bookkeeper program. University training teaches accounting skills for fortune 500 companies, while the Professional Bookkeeper program focuses on practical skills for running the financial end of small to mid-sized businesses. Its hands-on training gets your employee up to speed with taking care of your company's books and financial reporting right away.
Learn How To Do Your Own Books
The main reasons you might consider doing your own books include:
Save Money By Doing Your Own Books
Graduates of the Professional Bookkeeper program earn $30 to $60 per hour doing your books for you. While their service is terrific, you simply may prefer to bolster your bottom line by cutting bookkeeping expenses by an average of $300 - $400 per month.
Real-Time Understanding Of Your Company's Financial Health
With the Professional Bookkeeper's Guide to QuickBooks, you gain practical knowledge of accounting software. Not only can you enter your company's financial transactions, but you will learn to run reports vital to an understanding of the financial operation of your business. Without actionable data, you are flying blind. Why wait for your bookkeeper to show up to run a report showing inventory or cash on hand? You can do it yourself and save!
The Professional Bookkeeper's Guide to QuickBooks retails for much more, but for a limited time we are offering a substantial discount. Also, purchase The Professional Bookkeeper's Guide to QuickBooks, and we'll include a trial version of QuickBooks for free. Get a trial version of the QuickBooks software, plus the most extensive training Course on QuickBooks to date, for one very low price!
*Handling & Enrollment fee may apply. Order or Ask Questions by Phone 1-800-343-4827
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