Accounting News and Notes

Duluth CPA on Practicing Christianity In All Phases of Your Business…Taking Christianity Into the World 

Atlanta Accounting & Bookkeeping Services

Though collection issues are tough regardless, they are especially problematic during times of stress, joy and in light of a bad economy. However, Christ did not come to practice Christianity when it was easy but at all times. I believe that we are the best witness to others when we put on the armor of God and belie what we believe by our actions and deeds. To that end, the below is a sample of a letter that I sent regarding a tough collection issue. My charge as a Believer is to go the extra mile, to consider others better than myself and always seek to address the needs and feeling of others. 

Please note that our present billing rate for new clients is higher than the standard rate you were charged as detailed on your original invoice. 

Please note as your time was recorded that I did not bill all of the time that I incurred in an effort to help keep your fees low and that not all time was billed, which was substantially below the time I would have normally billed. 

To further help out I have reduced the total billings by 10% leaving a small open balance. 

I pray your yours have a great 2010. 

P.S. I suggest you get a 1-1-09 S Corporation effective date for your LLC to legally save 2009 tax dollars. 

When addressing collection issues for your Faith Based Business I have provided a Series of Articles which are available on my blog 24/7 with excerpts per the below: 

Collection Issues for Your Christian Based Business…New Series Starts Today …The Christian Collection Series 

The Christian Collection Series is for business owners who are seeking both to emulate and honor God with their actions and deeds in all of their regular business activities. Often when reading both the Bible we are left to consider for ourselves that the words mean, as well as their successful implementation. At His CPA PC (where we serve God, by serving you) we strive to make not only tax law understandable and applicable but also the words of Jesus Christ, Our Lord and Savior. To this end we beginning a new series today to help Christian Believers work to keep God at the center of their business and their collection procedures.

 Though all circumstances are unique and different, we are to be aware of God’s written word and the prompting of the Holy Spirit. It is wise and necessary to keep in mind that the Holy Spirit will never prompt you to do something that is not as written in the Bible. Surrounding yourself with wise counsel who will check your motives, ego and pride will do much to ensure that God is in the center of all that you do. The Christian Collection Series will include the following articles: 

-Keeping Christian Principles While Collecting Unpaid Invoices 

-Following Christian Precepts While Collecting Unpaid Invoices

-Being Ever Diligent While Collecting Unpaid Invoices  

Atlanta Christian CPA Offers Directory of Tax Advice for Atlanta Business Owners & Entrepreneurs

When was the last time you got any good FREE Business and Tax Management Information you can use 24 Hours a day & 7 Days a week.

http://www.hiscpa.com/business_plans.htm Atlanta CPA Teaches Business Plan Writing
http://www.hiscpa.com/article8.html How to Select a CPA in Metro Atlanta
http://www.hiscpa.com/top-ten.html Top Ten Reasons to Hire a Christian CPA Firm
http://www.hiscpa.com/initial-meeting.html Georgia CPA Gives Free Initial Consultations
http://www.hiscpa.com/business-funding.html Georgia CPA Teaches Business Financing Techniques
http://www.hiscpa.com/alternative-funding.html Gwinnett CPA Helps Discover Alternative Funding Sources
http://www.hiscpa.com/banking-relationships.html Banking Relationships as Taught by Atlanta CPA
http://www.hiscpa.com/mortgages.html Atlanta Home Mortgages: How to Chose the Right One
http://www.hiscpa.com/keeping-books.html Serving Atlanta Bookkeeping Needs for 30 Years
http://www.hiscpa.com/financial-statements.html Atlanta CPA Guides in Financial Statement Preparation
http://www.hiscpa.com/monthend.html Georgia CPA Helps with Month-End Procedures
http://www.hiscpa.com/managing-financials.html Duluth CPA Shows How to Read your Business’s Financials
http://www.hiscpa.com/profit-loss-statements.html Your Atlanta Business and its Profit & Loss
http://www.hiscpa.com/attestation-services.html Atlanta CPA Teaches Nuances in Financial Statements
http://www.hiscpa.com/cash-flow.html Cash Flow Forecasting as Taught by Atlanta CPA
http://www.hiscpa.com/creditworthy.html Knowing the Credit Score of Your Georgia Business
http://www.hiscpa.com/recession-finances.html Georgia CPA Teaches Recession Proofing Your Business 

And this is only some of the information available on our web site. You also have at our blog a host of other varied and timely tax and business management issues you can use. 

John Dillard, CPA of His CPA, PC (An Atlanta Christian CPA firm) 1940 Woods River Lane, Duluth, GA 30097  Phone 770-814-9304   http://www.hiscpa.com/    http://www.john-dillard.com/ 

Dare to Attempt Something so Great for the Kingdom of God that it is doomed to failure, lest Christ be in it! 

To retain John Dillard CPA (An Atlanta Christian Speaker/Author) for your business group or church congregation, you can contact him today at 770.814.9304 

We advise clients on: IRS representation, Offer in Compromise, Tax Problems, Incorporation in Georgia, Corporate and Personal Income Tax Returns, Part-time CFO, Virtual Controller, Business Planning, Offer in Compromise, Back Taxes, Business Acquisitions/Sales, Forensic Accounting, Business Valuations and Bookkeeping.

Serving Atlanta, Duluth, Gwinnett, Barrow, Bartow, Carroll, Cherokee, Clayton, Coweta,  Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Walton, Barrow, Bartow, Carroll, Henry, Newton, Bartow, Walton, Rockdale, Barrow, Spalding, Coweta, Dawson, Douglas, Fayette, Newton, Paulding, Spalding, Walton, Henry, Paulding, Douglas, Coweta, Canton, Covington, Douglasville, Druid Hills, East Point, Forest Park, Griffin, Lithonia, Mableton, McDonough, Milton, Mountain Park, Newnan, Powder Springs, Stockbridge, Union City, Villa Rica, Winder, Woodstock,  Smyrna, Sandy Springs, Marietta, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, North Fulton County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Milton, Norcross, Snellville, Roswell, Buford, Cumming, Grayson, Lake Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, Dunwoody, Gainesville, Decatur, Atlanta GA, Gwinnett County, North Fulton County, Cherokee County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Atlanta, Alpharetta, Johns Creek, Lawrenceville, Marietta, Milton, Norcross, Snellville, Roswell, Buford, Smyrna, Marietta, Cumming, Grayson, Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, Decatur. Sandy Springs, Peachtree City, Douglasville, Newnan, Griffin, Woodstock, Carrollton, Forest Park, Canton, College Park, Cartersville, McDonough, Riverdale, Fayetteville, Covington, Stockbridge, Conyers, Clarkston, Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Coweta, Dawson, and Douglas.

Keeping Your Christian Principles…While Collecting Unpaid Invoices

Award Winning CPA Proudly Serving Marietta, Sandy Springs, and Lithia Springs for Decades

I am frequently asked as well as challenged myself in ensuring that all of the collection procedures of my business are performed in a matter, that is conducive to the Body of Christ and is according to God’s word. Certainly there are  times when we should give our time away, just as Jesus modeled, as others have needs that far outweigh our own. It is when the Holy Spirit prompts us to be obedient to help out others in their time of need that we must comply and serve. However, this article is geared towards working with the clients well beyond what the world would consider the breaking point. That is where our teachings meet reality and our principles are put to task to ensure that we look to help others in all the ways that we can. Of course, if we did free work for all of our customers we would soon be the most popular persona in town as well as its most bankrupt.

-Having Defined Payment Terms and a Contract/Letter of Understanding. The Bible commands us to deal in fair weights and measures, to be just in all of our dealings, to tell the truth and to not take advantage of others. One of the best ways to do this is to ensure that you have written understanding or contract that is signed and dated by both parties. If it is impractical for whatever reason, to have a signed contract it is widely advised that you should have a written understanding. If a written understanding is not made available or presented to you, then you should send one to the other party confirming all of the nuances and responsibilities of all parties. Just as the Bible is written to offer clear and concise guidance, so should our business dealings be written to ensure that substantive responsibilities and duties are adequately detailed both in the specificity and their intent. Working with a good business lawyer is a very wise and judicious use of time and money to ensure that the contract is both fair and the rights of all parties are accurately identified, including both the resolution process in the event of a dispute and how damages, if any, will be determined.

-Remaining Committed to Stay Out of Court. Be as much as it is up to you, to always to do what God would have you do regardless of when others create billings that were not agreed to or when they sin in their anger. Striving to do everything you can to stay out of court and to work to resolve issues as much as you can on your own is following the practices of Godly actions. Once we were involved in what appeared to be an “open and shut case” where we were the defendant. However to ensure we had good legal guidance we retained a lawyer to represent us. In preparations for the case and in an effort to settle the case we offered to may double what was billed us in an effort to be conciliatory and at peace with others. We did not make this offer because we felt we owed it, but rather than our belief system demanded us. Unfortunately for the plaintiff and fortunately for us, the judge quickly agreed we were in the right an no additional monies were due. Though the plaintiffs were still angry and accusatory, I know in my heart, by my actions, words and deeds that I strived to be Christ-like. “Settle matters quickly with your adversary who is taking you to court. Do it while you are still with him on the way, or he may hand you over to the judge, and the judge may hand you over to the officer, and you may be thrown into prison.” Matthew 5:25

To read more about John Dillard CPA and his CPA practice, business consulting and IRS representation visit http://www.hiscpa.com/ (All Rights Reserved)

To read about his books A Voice of One, Overcoming Life’s 9/11’s and Charleston Dawn and his speaking ministry visit http://www.john-dillard.com/

Helping Clients with Corporate & Personal Income Taxes, Incorporation Advice, Tax Planning, Virtual CFO, Financing, Business Plans, Back Taxes, Offer in Compromise, Tax Advocacy, Business Acquisitions & Sales, Business Plans, and IRS Representation.

Serving Barrow, Bartow, Carroll, Cherokee, Clayton, Coweta,  Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Walton, Barrow, Bartow, Carroll, Henry, Newton, Bartow, Walton, Rockdale, Barrow, Spalding, Coweta, Dawson, Douglas, Fayette, Newton, Paulding, Spalding, Walton, Henry, Paulding, Douglas, Coweta, Canton, Covington, Douglasville, Druid Hills, East Point, Forest Park, Griffin, Lithonia, Mableton, McDonough, Milton, Mountain Park, Newnan, Powder Springs, Stockbridge, Union City, Villa Rica, Winder, Woodstock,  Smyrna, Sandy Springs, Marietta, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, Gwinnett County, North Fulton County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Alpharetta, Johns Creek, Lawrenceville, Milton, Norcross, Snellville, Roswell, Buford, Cumming, Grayson, Lake Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, Dunwoody, Gainesville, Decatur, and Beyond

Collection Issues for Your Christian Based Business…New Series Starts Today. …The Christian Collection Series

The Christian Collection Series is for business owners who are seeking both to emulate and honor God with their actions and deeds in all of their regular business activities. Often when reading both the Bible we are left to consider for ourselves that the words mean, as well as their successful implementation. At His CPA PC (where we serve God, by serving you) we strive to make not only tax law understandable and applicable but also the words of Jesus Christ, Our Lord and Savior. To this end we beginning a new series today to help Christian Believers work to keep God at the center of their business and their collection procedures.

Though all circumstances are unique and different, we are to be aware of God’s written word and the prompting of the Holy Spirit. It is wise and necessary to keep in mind that the Holy Spirit will never prompt you to do something that is not as written in the Bible. Surrounding yourself with wise counsel who will check your motives, ego and pride will do much to ensure that God is in the center of all that you do. The Christian Collection Series will include the following articles:

-Keeping Christian Principles While Collecting Unpaid Invoices

-Following Christian Precepts While Collecting Unpaid Invoices

-Being Ever Diligent While Collecting Unpaid Invoices

To read more about John Dillard CPA and his CPA practice, business consulting and IRS representation visit http://www.hiscpa.com/ (All Rights Reserved)

To read about his books A Voice of One, Overcoming Life’s 9/11’s and Charleston Dawn and his speaking ministry visit http://www.john-dillard.com/

Helping Clients with Corporate & Personal Income Taxes, Incorporation Advice, Tax Planning, Virtual CFO, Financing, Business Plans, Back Taxes, Offer in Compromise, Tax Advocacy, Business Acquisitions & Sales, Business Plans, and IRS Representation.

Serving Barrow, Bartow, Carroll, Cherokee, Clayton, Coweta,  Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Walton, Barrow, Bartow, Carroll, Henry, Newton, Bartow, Walton, Rockdale, Barrow, Spalding, Coweta, Dawson, Douglas, Fayette, Newton, Paulding, Spalding, Walton, Henry, Paulding, Douglas, Coweta, Canton, Covington, Douglasville, Druid Hills, East Point, Forest Park, Griffin, Lithonia, Mableton, McDonough, Milton, Mountain Park, Newnan, Powder Springs, Stockbridge, Union City, Villa Rica, Winder, Woodstock,  Smyrna, Sandy Springs, Marietta, East Point, Gainesville, Snellville, Buckhead, Buford, Peachtree City, Dunwoody, Kennesaw, Decatur, Conyers, Stone Mountain, Gwinnett County, North Fulton County, DeKalb County, Hall County, Clayton County, Cobb County, Forsyth County, Hart County, Jefferson County, Duluth, Alpharetta, Johns Creek, Lawrenceville, Milton, Norcross, Snellville, Roswell, Buford, Cumming, Grayson, Lake Hartwell, Suwanee, Sugar Hill, Loganville, Lilburn, Dunwoody, Gainesville, Decatur, and Beyond