SMD CONSULTING & ACCOUNTING LLC’s Post

Accountant vs Bookkeeper - 2024 Edition. 💼 Wondering whether you need an accountant, a bookkeeper, or both to save the day? 🤔 Let's break it down for you with some simple pointers to guide your choice based on your business's unique journey and needs. 🤿 Dive into our latest blog post for all the insights you need to steer your business's financial health in the right direction: https://lnkd.in/gqEsEe4V #InkleBooks #InkleTax

📔 Day 90 of Bookkeeping Basics Blueprint: In-depth financial analysis can unlock new insights. Learn a crucial tip in today’s brief video to stay financially informed. https://lnkd.in/grjUHzKM #BookkeepingBasics #FinancialAnalysis #Day90

According to a study by Indiana University, 60% of accounting errors are due to basic bookkeeping mistakes. How do you know whether your bookkeeping is right or wrong? You can pay for an official audit or get an idea from Step 1 of the @PathPredict Finance Program. We do not perform a full audit, but we’ve seen enough accounting to identify mistakes. Here is how it works … — Like this post? Hit 👍 Love it? Leave a comment ✍️ Think others should read it? Repost ♻️ Are you a staffing firm with no CFO providing a clear financial picture of today, a map of tomorrow, and the CFO guidance to get there? ⬆️  Click “Visit my website” under my name —

A third-party review by an experienced professional is one of the best actions to take in business. Every business and/or client where I’ve seen their books has room for improvement. It can range from simple mistakes like posting to the wrong account to straight intentional fraud. Business owners often don’t have the expertise or skills to identify the errors, let alone the cause or driver. Get a controller, CFO, or other similarly skilled professional to take a look at your financials before you end up in a dangerous predicament. Want to learn more about knowing the future of your staffing firm? ⬆️ Click “Visit my website” under my name

Accounting & Excel: The Perfect Match! 📈💼 Boost your financial efficiency and accuracy with the ultimate duo. 💡✨ #Accounting #Excel #FinancialSuccess #Efficiency #FirstCoastAccounting

Understanding Financial Statements: The Balance Sheet, Income Statement and Cash Flow Statement Not every small business owner comes to the role armed with financial expertise. If spreadsheets are not your strong suit, you may use a tool like QuickBooks to help, or delegate balancing the books to an accountant or bookkeeper. But whether you take the DIY approach or hand off accounting duties, a firm grasp on the fundamentals of financial statements is essential to success. Here is a closer look at what financial statements are, why they matter, and what they can help you do. Learn more: https://bit.ly/3URC7w9 #FinancialStatements #BalanceSheet #CashFlowStatement

Not every small business owner comes to the role armed with financial expertise. If spreadsheets are not your strong suit, you may use a tool like QuickBooks to help, or delegate balancing the books to an accountant or bookkeeper. Learn more about financial statements: https://bit.ly/3URC7w9 #FinancialStatements #BalanceSheet #IncomeStatements

Dive deep into why regular financial meetings are crucial with our expert bookkeeping team. Don't let inefficiencies dig your business into a hole—stay sharp, adapt, and thrive! Check out the complete episode at: https://lnkd.in/dEerbXCp #financialreviews #businessgrowth #bookkeepingbasics #monthlymeetings #revenuetracking #profitanalysis #netincome #financialhealth #sustainablebusiness #teamaccountability #businessefficiency #costmanagement #stayinformed #adaptandthrive #financialpatterns #businessinsights #economicresponsibility #thriveinbusiness #financialliteracy #masteryourfinances

Numbers piling up and overwhelming you? Don't stress – we've got your back! At Keeping the books, we specialize in taking the headache out of bookkeeping. Whether you're drowning in receipts, struggling with spreadsheets, or just need some expert advice on financial management, our team is here to help. Explore our services today:https://lnkd.in/eTiRdy4K #FinancialConsulting #EfficiencyBoost #KeepingTheBooks #biz101