T-ACCOUNT BOOKKEEPING SERVICES : T-ACCOUNT BOOKKEEPING SERVICES More than just your average bookkeeper The Essentials of
Small Business Bookkeeping
T-ACCOUNTMore than just your average bookkeeper : T-ACCOUNTMore than just your average bookkeeper Why Bookkeeping Is Important
Business Operating Cycle
The Accounting Process
Understanding Financial Statements
Helpful Tips
T-ACCOUNT More than just your average bookkeeper : T-ACCOUNT More than just your average bookkeeper Why is Bookkeeping Important?
Monitor your cash flow
Measure profitability
Account for assets & liabilities
Understand your expenses
Budget and plan for the next period
Price your products accordingly
Prevent and detect fraudulent activities
To be used when obtaining credit
Prepare for tax filings
T-ACCOUNT More than just your average bookkeeper : T-ACCOUNT More than just your average bookkeeper The Business Operating Cycle Manufacture Sales Payment Purchase
T-ACCOUNT More than just your average bookkeeper : T-ACCOUNT More than just your average bookkeeper The Accounting Process
T-ACCOUNT More than just your average bookkeeper : T-ACCOUNT More than just your average bookkeeper Understanding Your Financial Statements
Profit & Loss Statement
Balance Sheet Statement
Statement of Cash Flow
A/R Aging
A/P Aging
Inventory
T-ACCOUNT More than just your average bookkeeper : T-ACCOUNT More than just your average bookkeeper Helpful Tips
Use internal controls to be prevent fraud
Keep receipts and take notes
Follow-up on invoices right away
Use Bill-pay when possible
Keep personal expenses separate
Back-up computer data
Save documents electronically
Accounting is a process you should be engaged in throughout the year
T-ACCOUNT More than just your average bookkeeper : T-ACCOUNT More than just your average bookkeeper Thank You!
www.TaccountBookeeping.com
10333 Harwin Dr., Suite 460HHouston, TX 77036
Phone (281) 701-7575