For years, meteorologists have tracked seasonal weather patterns, to compare previous years and make informed predictions for the future. You can do much the same for your company's financials. When you know where you stood this time last year, you can make informed decisions and improvements for your future. It's crucial to track where you're at after each quarter, and evaluate and strategize accordingly. You can follow these instructions and adjust your date ranges to create year-to-date reports for comparison.
For more information on how tracking finances can help you adapt for success, check out Intuit's blog post. Our Bookkeepers Plus outsourced bookkeeping, payroll, and accounting solutions take care of financial tasks and let you get back to doing what you do best—running your business! Contact me today to learn how Bookkeepers Plus can help you.
Tony Solgard, a QuickBooks Certified ProAdvisor, is president of Bookkeepers Plus, located in Cape Coral and Bonita Springs, Florida. His professional bookkeeping services support businesses across Southwest Florida and nationwide. With the Bookkeepers Plus blog, Tony helps business owners understand the ins and outs of bookkeeping, explains why accounting details are important to their success, and shares his experienced advice to help them do it right. Tony also provides training and advice to maximize your use of QuickBooks.
Follow Tony and his blog for accounting, bookkeeping and financial management advice, small business financial resources, and financial success stories from small businesses like yours.