Accounting News and Notes

Gwinnett CPA…Providing Bookkeeping Solutions to Gwinnett/Atlanta Business Owners

At His CPA PC we work hard to make sure your internal books and records accurately depict your company’s financial operations as this is essential to understanding exactly what your company’s financial position including short and long term cash management, turnover of accounts receivable, ageing of accounts receivable is at any given time.

This allows you to make better informed financial decisions about your company’s present and future financial goals, pricing and profit maximization.

When we prepare your business taxes we work hard to make sure you assets, liabilities, equity, revenue and expenses are properly classified and recorded including the tracking of your bank accounts, bank reconciliations, fixed assets, depreciation expense and its recording, amortization and recording of debt liquidation payments and interest expense.

These are just a few of the items we can help you with by offering financial statement tips, bookkeeping guidance and strategic financial insight.

Call us today to receive a free initial consultation. All you have to do is show up.

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Suwanee, Lawrenceville, Snellville, Lilburn, Duluth, Norcross, Peachtree Corners, Atlanta, Gwinnett, Fulton, Johns Creek, Roswell, Forsyth, Flowery Branch, Buford, Cumming, Hamilton Mill, Cheatu Elan, Winder, Gainesville, Hart County, Dunwoody, Grayson, Alpharetta, Roswell, Dunwoody, Sandy Springs & Tucker as an Award Winning CPA

Duluth/Gwinnett CPA Advising Gwinnett Business Owners on Bookkeeping and Accounting Issues

Award Winning CPA John Dillard CPA has been serving as a Gwinnett CPA since 1982 and in Duluth GA for now seventeen years. At His CPA PC we work hard on your bookkeeping and tax issues so that you do not have to.

Business Plans for Gwinnett Business Owners

The beginning of owning a successful business starts with a good business plan that is well documented and considered business plan. A well considered plan will involve at a minimum months of careful evaluation of the local economy and demographics as well as careful scrutiny of your own strengths and weaknesses and those of the new business itself. A experienced CPA can often provide valuable insight at this stage mitigating as many missteps as possible.

Business Loans for Gwinnett Business Owners

A well laid out business plan will reach much like a book or indeed a story of how you plan to take “your business from here to there.”  Developing a history of success in your new business venture will do much to help a Gwinnett Business Banker become comfortable with your business skills and ability to manage potential loan proceeds and indeed return a profit thereon allowing you to not only repay the principal of the loan with interest but to also make a reasonable rate of return for your business. Though you “have the best idea since sliced bread” your banker will be most inclined to lend when  you have a history of successful business management, growth and profitability. Bankers will look to your present cash flow as a major determining factor in your ability to repay loans in the future.

Gwinnett Bankers like those throughout metro Atlanta will look at the “Five C’s of Lending.” Understanding them and considering them well in advance before you banker does will do much to ready you to present you loan package request to your banker. As a CPA in Atlanta for decades I have learned that ‘failing to prepare is preparing to fail.” Be sure you work with a CPA in Atlanta who can help package your loan before you go to the bank. At His CPA PC we have made these available to you 24/7 at our web site at http://www.hiscpa.com/blog/2009/06/01/top-five-criteria-banks-use-to-extend-financingcredit-linesgetting-financing-for-your-business/

Duluth CPA Teaches Gwinnett/Atlanta Business Owners Bookkeeping

If you have the full time day-to-day and hour-to-hour responsibilities of running your business the last thing you will want to do at the end of the day is your own bookkeeping.

At His CPA PC We Can Help You With…

• Outsourcing of Financial Statements

• Outsourcing of Bookkeeping

• Overseeing of your In-House Bookkeeper

• Serving as a Part-time Virtual CFO/Controller

As an outside Certified Public Accountant, His CPA PC provides Part-Time Virtual CFO and controller support including guidance on:

• Bookkeeping and Accounting.

• The initial set-up of your company’s books and chart of accounts.

• Payroll and Sales Tax administration.

• Monthly and Quarterly Financial Statements.

• Monthly Management Reports including substantive ratios, trends and gross margin analysis.

“We work with our clients to help guide you step-by-step to help you guide and manage your business towards profitability and business success.” – John Dillard CPA

Contact HIS CPA PC (A Christian CPA Firm) today.

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Suwanee, Lawrenceville, Snellville, Lilburn, Duluth, Norcross, Peachtree Corners, Atlanta, Gwinnett, Fulton, Johns Creek, Roswell, Forsyth, Flowery Branch, Buford, Cumming, Dunwoody, Alpharetta, Dunwoody, Sandy Springs and Tucker as a Faith Based CPA Firm

Duluth GA/Gwinnett/Lawrenceville Christian CPA…Ten Top Ways to Know It’s Time to Hire a Bookkeeping Service/Virtual CFO

Top 10 Ways to Know It’s Time to Hire a Bookkeeping Service/Virtual CFO

1. You Don’t Know Which Accounting Software is Right for Your Business.

2. You Don’t Know What a Journal Entry is.

3. You Don’t Know a Current Asset from a Gross Margin.

4. You Don’t Know How to Debit or to Credit.

5. You Don’t Have an Accounting Background.

6. You Do Want to Know Where you are Financially.

7.  You Do Want to File Your Tax Returns Correctly.

8. You Do Want to Increase Your Chances of Financial Success.

9. You Do Want to Make Prudent Financial Decisions.

10. You Do Believe Your Business is Important.

At His CPA we work hard with your accounting and bookkeeping issues so you don’t have to.

Financial statements are often misused and abused. They are often ornately presented with accountant’s opinions ranging from audits to compilations. Often we even find a statement of cash flows and financial footnotes. What do these statements tell us? Numbers and data when prettily presented often are an accountant’s representation of the financial status of an entity. Be sure you work with a CPA on your bookkeeping and financial statements who cares about your business as much as you do.

“Financial statements without narratives, analysis of trends, and a review of expenditures are nothing more than formal proof that the bank account has been reconciled and that everything balances. Data without thorough critique is useless.”  –John Dillard CPA

Monitoring Your Books at the End of the Month

Consistent month end control procedures are critical, as any variance to these will negatively impact the reliability of your internal financial. As a Duluth CPA Serving Gwinnett & Metro Atlanta business owners and entrepreneurs here are just a few of the tips we give clients each and every day http://www.hiscpa.com/monthend.html

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta, Suwanee, Lawrenceville, Norcross, Atlanta, Gwinnett, North Fulton, Johns Creek, Roswell, Forsyth, Flowery Branch, Buford, Dunwoody, Snellville, Lilburn & Grayson as an Award Winning CPA

Duluth GA/Gwinnett/Lawrenceville Christian CPA…A Full Service Bookkeeping Firm

His CPA PC: A Full Service CPA/Bookkeeping & Financial Statements. This week at His CPA PC we:

-Helped guide a client to properly classifying their accounts on their Profit and Loss

-Guided a client in being sure their bank account were properly classified and that reconciling items were evaluated for correctness

-Ensured that Health Insurance Premiums were properly classified and listed on the company’s internal financial statements and tax returns

-Reminded a client that QuickBooks is not a “static accounting package” requiring ongoing maintenance to prior periods to ensure congruence with filed tax returns.

-Assisted with determining the chart of accounts to compile financial operating results

-Worked with a taxpayer to pull their financial information together for several years of old tax returns

Financial statements are often misused and abused. They are often ornately presented with accountant’s opinions ranging from audits to compilations. Often we even find a statement of cash flows and financial footnotes. What do these statements tell us? Numbers and data when prettily presented often are an accountant’s representation of the financial status of an entity.

“I believe that financial statements without narratives, analysis of trends, and a review of expenditures are nothing more than formal proof that the bank account has been reconciled and that everything balances. Data without thorough critique is useless.”  –John Dillard CPA

Monitoring Your Books at the End of the Month

Consistent month end control procedures are critical, as any variance to these will negatively impact the reliability of your internal financial. As a Duluth CPA Serving Gwinnett & Metro Atlanta business owners and entrepreneurs here are just a few of the tips we give clients each and every day http://www.hiscpa.com/monthend.html

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta, Suwanee, Lawrenceville, Norcross, Atlanta, Gwinnett, North Fulton, Johns Creek, Roswell, Forsyth, Flowery Branch, Buford, Dunwoody, Snellville, Lilburn & Grayson as an Award Winning CPA

Duluth Bookkeeping by Award Winning Gwinnett CPA

John Dillard CPA has been an Atlanta CPA for decades, in Gwinnett since 1982 and in Duluth for the last fifteen years. At His CPA PC we focus our business on helping Gwinnett and Atlanta Business Owners succeed.

“Working with Gwinnett Entrepreneurs and Business Owners is the focal point of our practice. Put our talents to work for you today, being sure you get timely relevant financial information.” – John Dillard CPA

At His CPA PC we can help you with your bookkeeping ensuring that:

• Your financial statements are properly compiled

• Your bookkeeping gives a true picture of your financial position

• You gain financial insight you can use to make prudent business decisions

• Your charts of accounts are well organized for the tax and the “tax man”

• Your accounts are properly classified in the proper sections of your company’s Balance Sheet and Profit and Loss

• Your payroll and sales tax reports are prepared efficiently

• Your financial reports provide essential management information

“The best way to know where you are going is to know where you are.” -John Dillard CPA

We work hard on your financial statements so that you don’t have to. John Dillard CPA of His CPA PC provides Atlanta Business Owners with the option to outsource your bookkeeping needs. Whether you need light bookkeeping or help with the most difficult of management and financial statement issues, His CPA can help. Providing Virtual CFO services to Atlanta Business Owners for decades John Dillard CPA, “brings to the table” a varied and expansive resume of credentials, awards, community involvement and expertise. To read more about Bookkeeping Solutions For Your Metro Atlanta Business see http://www.hiscpa.com/bookkeeping-solutions.html

www.HisCPA.com A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta, Suwanee, Lawrenceville, Norcross, Atlanta, Gwinnett, North Fulton, Johns Creek, Roswell, Forsyth, Flowery Branch, Buford, Dunwoody, Snellville, Lilburn & Grayson as an Award Winning CPA

Alpharetta/Lawrenceville/Norcross CPA…Assisting Atlanta Taxpayers Financial Statements & Bookkeeping Issues

Having computerized accounting package which has a balance sheet and profit and loss capability is a great start to being able to track your business transactions accurately and efficiently. Each year we assist many small businesses in using QuickBooks as it is good system and often has much more capability than you will ever need. For many Atlanta new and startup business we help advise them on the easiest way to use their accounting program/QuickBooks so that their bookkeeping and financial statements are both easy to prepare and utilize in making wise and informed management decisions.

Being an expert at running your business does not make you the one that should assume the responsibility of accounting for your business. By applying our decades of experience we are well suited to guide you to track the financial and operational affairs of your business so that your bookkeeping issues and preparation of your financial statements is seamless and painless.

Atlanta Part-Time Virtual CFO http://www.youtube.com/watch?v=ZDEgIDuDv_g&feature=mfu_in_order&list=UL

www.HisCPA.com

A Christian CPA Firm in Duluth GA Proudly Serving Alpharetta/Suwanee/Lawrenceville/Norcross/Atlanta/Gwinnettt/North Fulton as an Award Winning CPA

Atlanta CPA: Bookkeeping for Suwanee/Alpharetta/Duluth

http://www.youtube.com/watch?v=wvnFzCGkmpg

Atlanta CPA: Bookkeeping for Suwanee/Alpharetta/Duluth

Award Winning CPA: Serving Duluth/Alpharetta/Suwanee
http://www.youtube.com/watch?v=pHO0nzqMn8g

Virtual CFO/CPA Serving Duluth/Suwanee/Alpharetta
http://www.youtube.com/watch?v=_5sk8ZQjDtY

John Dillard, CPA of His CPA, PC
1940 Woods River Lane, Duluth, GA 30097
Phone 770-814-9304 www.HisCPA.com A Christian CPA Firm