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Month End Close: Key Reasons for Financial Statement Analysis

Wouldn’t you like to know how healthy your business actually is? For small business owners, this information is more important than ever before. What if we told you that there is a tested process of uncovering the secrets about your business that has been passed on through generations and generations of accountants?!

Financial statement analysis is one of the best ways to accurately gauge the health and status of your business. In this post, we will discuss some of the benefits of using financial statement analysis in your small business.

Topics: Accounting Growing Your Business Financial Reporting Accounting procedures Advice

How To Use QuickBooks And Xero For Your Month End Close Process

Every business owner knows that managing their books is important. One of those tasks to keep their books in order is reconciling your accounts at month end. This is extremely important if you ever get audited by the IRS. 

Do you still do it manually?

If you are thinking of implementing a new accounting software or want to see how the month end close process works, we will review 2 different accounting software platforms to simplify the process for you with Quickbooks and Xero cloud based accounting software.

Topics: Financial Reporting Accounting Methodology Quickbooks Reporting Cloud accounting