6 questions every business owner should ask about their accounting system

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Changing your business - DFW CPA Tax Accountant - Business Tax Services | Williams & Kunkel CPA

Cloud accounting is rapidly becoming the norm for how operators financially manage their businesses.

7K0A0129If you haven’t yet made the switch or even taken a look at a cloud accounting solution for your business, then we’ve broken it down into some key questions you should consider:

  1. As a small business owner, do you think it’s important to know how much money you have in your business bank account at any given time?
  2. Does your desktop software or spreadsheet(s) allow you to know that?
  3. Over the course of a month how much time do you spend reconciling your bank account(s)? Is there scope to reduce this time?
  4. Have you ever sent an invoice to a customer who has turned around and said, “I didn’t get your bill”?
  5. Has your CPA ever asked for one of the following documents: receipts, invoices, memorandums? And have you been able to respond immediately / easily?
  6. How long does it take you to process the payroll for all your employees?

Helping businesses to implement cloud accounting is well within Williams & Kunkel’s accounting and tax capabilities to help clients streamline their data processing and save time on generating paperwork to collaborate and explore the other possibilities of their businesses, to address issues that matter in a more timely, meaningful manner.

Call our team in Flower Mound TX on 972-446-1040 to talk through your responses to the six questions above, or to have a general discussion about considering a cloud accounting system in your business.

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