September 2023

Avoid the Iceberg: How The WIP Report

Avoid the Iceberg: How The WIP Report Helps Your Construction Firm Navigate Financial Hazards

Imagine steering a massive ship through treacherous waters. The journey has been carefully mapped out, and everyone relies on you to safely navigate to the destination.  Suddenly the ship starts veering off course and barrels toward an iceberg. Fortunately, there is a lifeline: an advanced radar system that identifies the obstacle in real-time and provides […]

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Use QuickBooks? Three things you HAVE to know.

Inspired by a question in my recent LinkedIn article: “I don’t understand how bookkeepers go through their process each month and don’t reconcile the accounts. Isn’t that part of the monthly close process?”  This video covers QuickBooks, sync problems in QuickBooks, whether QuickBooks does reconciliation for you, bank-to-book balance, and all the types of cash

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Don’t Let an Inaccurate Balance Sheet Bring Your Whole P&L Down

Is your business really booming?  Or is your hefty bank account a smokescreen for a house of cards on the edge of collapse?  Are you confident that your P&L is telling you the real story? Here’s the simple truth: An inaccurate balance sheet will wreak havoc on your P&L. Let’s investigate just how important it is to clean up

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