Accounting Systems Consulting
How can Hoyman Dobson help:
- Help assess costs/benefits in an accounting system
- Give “plain language” understanding of the differences
- Explanations about cash flow, methods of accounting, budgets and what to expect from an accounting system
- Provide access to accounting system vendors
- Develop a Chart of Accounts unique to your business
- Outline your accounting personnel needs – bookkeeper or controller or something in between
- Services provided by Karen Kirkland, CPA and her team. Email or call 321-426-3030
As you know there is more to starting a business than just having a great idea. You can find a lot of information on the internet or just by talking to other people. But sometimes you just need a professional to point you in the right direction. We can help you sift through all the data and simplify your decisions.
Once you are headed in the “right direction,” you will need an accounting system to:
- Help you make decisions about your future
- Stay on top of all the needed regulatory reporting
- Help you know about the business’ profitability.
The decision about accounting software is often last minute and can end in a quick-fix solution that may not be the best long term.
It is important that you understand the what you want your accounting software to accomplish for you and then match it with what is available and the costs. A bad decisions or quick-fixes can sometimes be more costly to correct.
Issues to think about are:
- What is your method of accounting?
- Do you have inventory? If so, is it specialized – meaning there is industry specific software available that you might want to integrate into your accounting package?
- Are you going to outsource payroll or do you want your software to do that?
- How about invoicing your customers? Are there going to be multiple items or types of service you will be invoicing?
- What experience do you have (or are you going to hire someone) to do your accounting day to day?
- How complicated is your chart of accounts? Do you need information by location, business sector, or profit center?
- What about payables? Are you going to track your payables as they come in?
- Who is going to reconcile your accounts – cash, accounts receivable and payable, inventories
- How much time and money are you willing to spend on your accounting system?
This is just a very small list of issues to consider. Once you have some understanding of the answers to these questions – there are many solutions you will want to consider. Accounting software can range from a few hundred dollars to hundreds of thousands of dollars.
Our team at Hoyman Dobson can help to leed you down the right path. Sometimes it is as simple as helping you feel better about the decisions you make.
Resources you could use: U.S. Small Business Administration