cutting your quickbooks costs

office worker using a laptopare licenses getting too pricey? there’s a workaround.

by roman h. kepczyk
quantum of paperless

in the united states, quickbooks is by far the most dominant small business accounting product on the market and will be the application that the majority of the firm’s clients use. therefore, it is obvious that the firm must become proficient in supporting quickbooks.

more: how to transfer files securely | how digital a/p processing boosts productivity | how an ‘owner’s drawer’ boosts security | the top portable monitors for auditors | why scanning procedures matter
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unfortunately, one of the biggest wastes of time is when firms support too many older versions of the software, which often leads to incompatibilities that can corrupt the database and make it unusable for clients. fixing these errors creates lost time that is seldom charged to clients and instead impacts the profitability of these jobs.
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2020 outlook: staffing gets creative

another trend: ranking and culling clients.

by angie grissom
the rosenberg map survey

in terms of firm growth, we are seeing growth in firms with an abundance of opportunity. the way firms plan and manage the growth, the mix of clients they take on and maintain and the way they build a team to do the work and sell additional services does and will continue to impact the success they are having.

an advisory approach to serving and selling is required. professionals need to learn how to do this and this differs from years past. the earlier in one’s career this is introduced, the better. firms are paying attention to the importance of technology investments in dollars, time and learning and are seeing it as a non-negotiable. firms are looking at ways to improve technology integration into multiple service lines and offerings.
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how to make your own opportunities

take the first steps and ed will help with the rest. really!

by ed mendlowitz
call me before you do anything: the art of accounting

i have been fortunate to have opportunities that helped me grow and have a great fun-filled career.

more: becoming a ‘media star’ | when to say no to pro bono work | i used to hate quickbooks | learning from lee iacocca et al. | i lost a client to an accounting firm with cheaper fees | how i saved a business | the staffer who was too smart
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the key was that i did not pass up opportunities that i stumbled on as they crossed my path. as payback i offered to assist many accountants in a like fashion and my regret is the lack of success in that regard. too few takers! here are some opportunities for you that i am willing to assist you in.
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how core values affect remote work culture

two partners celebrating business success outsidedo you have the right people?

by jody grunden

a company’s core values are the cornerstone of its culture, and people are the biggest asset a company can have.

more: 4 ways to bill clients | 3 ways to keep client files safe from security threats | how ‘tech stacks’ can help you standardize | automation and the future of accounting | the rise of the virtual cfo | ready to be a virtual cfo? | the only three metrics you need to measure staffers
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defining your core values and hiring the right people is essential for the success of your business.

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