DeSmidt Consulting, Inc.

Accounting, Controller and CFO Services, Business Consulting, Accounting Systems

How To Hire Top Talent

Written By: Peter DeSmidt - Feb• 14•12

As we continue with the economic rebound – we need to take a close look at our interviewing, hiring and human resources operations.  As you review these steps and procedures, evaluate your own company’s hiring processes to see where you stand.

1     Get everyone on the hiring team to agree on what the real needs of the job and the company are.

2     Make your printed and internet job postings more about the career path, and future growth, not necessarily operations and compensation.

3     Have your new employee training and orientation program, either formal or informal, in place, before you start your interviewing process.

4     Develop a mentoring system, for the new employee to work with a person, who is not their supervisor.

5     Develop a “success profile” and a “path to success” guide, rather than using a job description.

6     Expand your network and referral program, to put the word out, before you start posting job opening ads.

7     Rather than listing requirements in your job opening ads, focus on describing opportunities within your business.

8     Create a printed performance review and disciplinary procedures manual.

9     Find a reputable company for conducting new employee background checks.

10   Make the interview time definitely worth the candidates’ time.

11    Specifically define the duties of the position, in writing, before you start your job posting process.

12   Make any necessary changes to the workplace and work space before you start your interviewing process.

13   Don’t have too many hands in the recruitment process, as that tends to make the recruitment process too step and sequence oriented.

14    Insure that your job interviewers have sufficient training, and know how, to address performance management and human resource issues, before interviewing new candidates.

15    Insure that your employee benefits are up to industry standards and the levels that you can afford and justify.

Companies that can hire the best and meet the future requirements of the business will be the companies that survive best in these recession and post recession times.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com

Contact us http://www.desmidtconsulting.com/contactus.html

813-938-3608

Thank you,

Peter DeSmidt, BA, MBA, PA

QuickBooks Certified Advanced ProAdvisor

Microsoft Certified Accounting Application Specialist

Microsoft Certified Installation Specialist

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Prepare For Year End With Our QuickBooks Data File Review and Analysis Service

Written By: Peter DeSmidt - Nov• 17•11

If you are having a difficult time with your QuickBooks, your monthly or annual reports, your chart of accounts, your understanding of your financial reports, or you have felt like you did not get off on the proper track with your QuickBooks setup, we can help.

Our QuickBooks Certified Advanced Pro Advisor, Controller and Accountant, Peter DeSmidt, will remotely perform data file review, analysis, corrections, and journal entries, of your company data file.  Act now, save money, time, and insure accuracy, on your current year, and year end, by having your QuickBooks file professionally reviewed and analyzed.

For a $200 fee we will

  • Correct postings to incorrect accounts
  • Review and analyze the company file
  • Review the company setup and make recommendations as needed
  • Insure items, fixed assets, sales tax, and chart of accounts are set up properly
  • Fix unapplied customer and vendor payments and credits
  • Review customer and vendor aging balances
  • Evaluate 1099 accounts handling
  • Correct undeposited funds accounts
  • Adjust loan and credit line balances
  • Write off customer bad debts
  • Locate discrepancies in bank reconciliations
  • Review and scrutinize your transactions for the year
  • Discuss your business operations, accounting requirements, and reporting needs with you

This service is for QuickBooks 2009, 2010, 2011, and 2012 Pro, Premier, Online and Enterprise editions.  We will work with your accountants copy or portable copy and not interrupt your ongoing work and reply back to you, via email, with known issues, corrections and recommendations.  Not a long term commitment.  Even if you have an accounting and tax preparer firm, we can help.  We can also provide optional training, reporting, analysis, controller, coaching and hiring assistance.  We have over 40 years of Accounting, Management and Systems experience.

Email us or call us – to schedule your review and analysis, to learn more, and to discuss your requirements.  Free initial telephone consultation. Evening, weekend, and daytime telephone consultation appointment times are available. We would welcome the opportunity to work with you.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com

Contact us http://www.desmidtconsulting.com/contactus.html

813-938-3608

Thank you,

Peter DeSmidt, BA, MBA, PA

QuickBooks Certified Advanced ProAdvisor

Microsoft Certified Accounting Application Specialist

Microsoft Certified Installation Specialist

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Our Small Business Consulting Services

Written By: Peter DeSmidt - Nov• 17•11

Business Consulting

Even the most qualified managers can benefit from competent, objective feedback. We can help your company’s management team develop long-term objectives and specific strategies to facilitate your business’ future growth and success.

We can provide your business with small business consulting, virtual, interim and temporary accounting, controller, and CFO services, business and financial planning, CEO and COO support, project management, cost control services, strategic planning, business valuations, business start up advice, lease purchase analysis, and outsourced accounting services.

Supply Chain Consulting

Global studies suggest that many executives rate supply related risks as the top threat to revenue. We can help you minimize risks related to supply interruptions, security threats, weather threats, labor disputes and customer demands.

We instruct our clients on how to identify, manage and monitor supply chain risks resulting in process improvements and improved efficiency.

Strategic Consulting

Strategic planning is a management process for evaluating your current business, determining your strategic direction, and road mapping your strategic plan into practical actions. A strategic plan explains why an organization exists, what it is trying to accomplish, and the tactics it will take to achieve its goals and objectives.

We will develop the business planning and financial modeling necessary to formulate a forward-thinking, evidence-based strategic plan. We can help you develop your strategic direction and then focus on specific actions to put your plan into action.

Profitability Management

Profitability Management involves integrating the pricing objectives of often conflicting functional areas of the organization into a comprehensive plan to effectively set and capture prices.

We can help you attain the greatest value for your pricing strategy by developing an optimal pricing strategy, implementing effective pricing processes, measuring and controlling price at the transactional level and integrating technology with the processes utilize for your pricing strategy.

Cost Reduction

We implement and expedite cost-savings initiatives for all types of organizations. We combine a data-driven procurement strategy with market proven purchasing techniques to provide significant cost savings to our customers.

We specialize in using financial information to identify those areas of the business that provide the greatest opportunity for expense reduction and cost savings resulting in improved value for the organization.

Policies and Procedures

Many businesses fail because they have the right strategies but are unable to put them into practice because of failures in the processes necessary to implement those strategies. Whether your business processes are broken or in need of improvements we can help you break through your execution problems.

By analyzing existing processes, identifying bottlenecks and redesigning or improving the processes we can significantly reduce costs and improve satisfaction for all stakeholders in your organization.

Systems Consulting

When considering the installation of an accounting software system, you want to be certain to get the one that’s best for your business.  We can provide your business with needs analysis, accounting systems design, chart of accounts design, software selection assistance, software installation,  implementation and setup, financial statement design, file conversion, training, support, and guidance.

Management Consulting

We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business.

We can provide your business with product line profitability analysis, inventory and purchasing control, employee benefits planning and analysis, operations and office procedure documentation and advisory services.

 

We have over 40 years of Accounting, Management and Systems experience.  Contact us for a free initial telephone consultation to discuss the immediate and long term benefits that we can offer you.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com to learn more about our business.

Contact us www.desmidtconsulting.com/contactus.html

813-938-3608

Thank you,

Peter DeSmidt

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Our QuickBooks Training, Setup, Implementation and Support Services

Written By: Peter DeSmidt - Oct• 18•11

We provide QuickBooks help,  installation, set up, accounting, training, support, troubleshooting, implementation, consulting and controller services to small and medium sized businesses.  We also provide small business consulting  services to include cost control, financial systems, staff training, treasury  management, revenue and expense analysis, inventory management, and small business turnaround services.

You will always work with the same person at our firm; Peter has over 40 years of experience in Accounting, Systems and Business Management; he has been an Accounting Instructor at Mercer University and Georgia State University; and is a Certified QuickBooks Advanced ProAdvisor.

We are headquartered in the Tampa Bay South Shore area, and serve the metro area, and remotely serve Florida and the US.

Our Services Provided Include: 

  • Monthly Accounting Services
  • Accounts Payable and Receivable Management
  • Financial Statement Preparation
  • Cash Flow Analysis and Management
  • Inventory Management and Control
  • Fixed Assets Reporting
  • Bank Reconciliations
  • Payroll Tax Compliance
  • Variance Analysis and Reporting
  • Revenue and Expense Analysis
  • Staff Training and Utilization
  • Business Consulting and Guidance
  • Accounting Systems and Controls
  • Financial Analysis and Reporting
  • Budget Preparation and Reporting
  • Treasury / Cash Management
  • Software Selection and Implementation
  • Software Training and Support
  • Controller and CFO Services
  • Virtual, Part-Time, and Outsourced Services
  • Cost Control / Cost Management Consulting
  • Accounting Software Training and Support
  • Strategic Planning and Consulting
  • Business Planning and Forecasting
  • Policies and Procedures
  • Defining Job and Project Cost Elements
  • Creating and Customizing Reports

QuickBooks is a user-friendly and easy to use system, provided the initial set-up is implemented properly.  In fact, the majority of QuickBooks problems discovered after implementation stem from improper initial set-up.  Get started on the right track, by working with us, and avoid costly problems in the future. You will receive a QuickBooks file customized for your business based upon the information that you provide.

Here’s a list of the services that we can provide during your QuickBooks setup:

  • Evaluate your software requirements and overall accounting needs
  • Determine your accounting and QuickBooks software needs
  • Recommend the appropriate QuickBooks software and establish hardware requirements
  • Software installation and set-up
  • Design and set-up the chart of accounts and the entire accounting system– including payroll, accounts receivable, inventory, and accounts payable
  • Determine your QuickBooks start date
  • Customize the chart of accounts for your business and load balances as of your start date
  • Customer and vendor set-up
  • Item set-up including services, inventory parts, non-inventory parts, other charges and sales-tax items
  • Set-up your outstanding accounts receivable and accounts payable details as of your start date
  • Set-up your ending statement bank balances and outstanding checks & deposits in transit as of your start date
  • Enter your transactions since your starting dates into QuickBooks
  • Print a trial balance as of your starting date and compare it to your trial balance from your old system
  • Train your staff in use of software to meet your accounting, management and tax-reporting needs
  • Follow-up training to ensure you are on the right track
  • Monthly, quarterly or annual review of QuickBooks to assist in tax preparation and management reports

Why our one on one training is the way for your company

  • Training at your location, a quiet restaurant, or via shared desktop at a time that is convenient for you – including weekends
  • Work on your live QuickBooks file
  • Training is based on your skill level, and at your pace
  • Focus on QuickBooks features that are relevant for your business
  • Get answers your specific questions and concerns
  • Training implemented in one to several 3 to 5 hour intervals – spaced over time

While a one-on-one instructor-led QuickBooks training class is more expensive than attending a group class, it is a good investment when you have specific QuickBooks issues to solve or you need to get QuickBooks started in the right direction with your QuickBooks accounting and bookkeeping needs. I can help you figure out the best solutions for your particular QuickBooks accounting issues, and give you a strategy for how best to pursue your short-term and long-term goals for your business. Getting off on an ill-directed path in QuickBooks accounting can be very costly in the long run; getting the right professional advice from the start will certainly be well worth the investment.

We can train on Pro, Premier, Online, industry-specific versions and Enterprise versions of QuickBooks.  Our one-on-one training is customized for your business. Email us or call us – to  schedule your implementation / training / support services to learn more,  and to discuss your requirements.  Free initial telephone consultation. Evening, weekend, and daytime telephone consultation appointment times are available. We would welcome the opportunity to work with you.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com to learn more about our business.

Contact us www.desmidtconsulting.com/contactus.html

813-938-3608

Thank you,

Peter DeSmidt, BA, MBA, PA

QuickBooks Certified Advanced ProAdvisor

Microsoft Certified Accounting Application Specialist

Microsoft Certified Installation Specialist

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Let Us Perform Your Controller and CFO Services

Written By: Peter DeSmidt - Oct• 11•11

Small and medium-sized companies that are not in a position to hire a full-time Controller or CFO are often the companies that would benefit the most from the expertise of an experienced Controller or CFO.

We can take complete responsibility for the financial side of your business, or we can function purely as your part-time / virtual Controller or CFO, optionally, managing your existing accounting  and bookkeeping staff.  Every business and situation is different.

We can work with your accounting and bookkeeping staff, attorneys, bankers, insurance brokers and tax preparers at a fraction of the cost of a full time employee.

Outsourcing to us will reduce and control your internal operating costs, allow you to gain access to extensive additional capabilities, and allow you to focus on managing your business.

We are seasoned professionals and have the experience, expertise, education and qualifications to be your part-time / virtual / on-going Controller or CFO.

The types of services that we can provide include:

  • Monthly Accounting, CFO and Controller Services
  • Accounts Payable and Receivable Management
  • Financial Statement Preparation
  • Cash Flow Analysis and Management
  • Inventory Management and Control
  • Fixed Assets Reporting
  • Bank Reconciliations
  • Tax Return Preparation
  • Payroll Tax Compliance
  • Variance Analysis and Reporting
  • Activity Based and Job Costing
  • Revenue and Expense Analysis
  • Staff Training and Utilization
  • Business Consulting and Guidance
  • Accounting Systems and Controls
  • Financial Analysis and Reporting
  • Risk Management and Controls
  • Strategic Planning and Consulting
  • Cost / Revenue Benefit Analysis
  • Budget Preparation and Reporting
  • Financial Forecasting and Modeling
  • Treasury / Cash Management
  • Negotiations for Financing and Operations
  • Reorganizations, Mergers and Acquisitions
  • Develop and Analyze Business Plans
  • Software Selection and Implementation
  • Software Training and Support
  • Preparation of Policies and Procedures

We are headquartered in the Tampa Bay area; the majority of our work is handled remotely, yet, we are able to talk and work with you on a regular periodic basis.

We have over 40 years of Accounting, Management and Systems experience.  Contact us for a free initial telephone consultation to discuss the immediate and long term benefits that we can offer you.

Ask us for help – this is what we do.

Visit our website www.desmidtconsulting.com to learn more about our business.

Contact us http://www.desmidtconsulting.com/contactus.html

813-938-3608

Thank you,

Peter DeSmidt,

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