Our QuickBooks and Enterprise Setup, Implementation, Training and Support Services

small business year end

We provide QuickBooks and Enterprise 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 45 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.

Visit our mobile website http://www.desmidtconsulting.mobi

Contact us www.desmidtconsulting.com/contactus.html

813-252-9490

Thank you,

Peter DeSmidt, BA, MBA, PA

QuickBooks Certified Advanced ProAdvisor

Microsoft Certified Accounting Application Specialist

Microsoft Certified Installation Specialist

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Could Your Business Use Job Costing ?

By Rebecca Tervo

I just got off the phone with a very frustrated contractor. He has been in  business for several years, but his business has grown to the point that he  knows he needs to keep a closer eye on his numbers. In fact, he said “I can’t  sleep because I’m worried my reports are screwed up!”

I agreed to help him out by reviewing what his current QuickBooks file is  doing for his business. He wants help to figure out if he’s doing his “job  costing” correctly so he can know how much money he’s making on each job.

Job costing was part of my duties when I worked for a manufacturing company  several years ago. I had to make sure the proper systems were in place to track  all the employee hours and materials and supplies properly to each job. It was  an ongoing process of reviewing data on a regular basis to check for flaws in  the system and for inaccuracies in the numbers. I enjoyed it immensely, and  learned a lot about how a breakdown in the RECORDING of information can really  screw up the job profitability reports.

But, a manufacturing company isn’t the only business that needs job  costing.

Job Costing

What is job costing? Simply put, it is a way to track the profit and loss on  specific jobs or projects for your business. Knowing how profitable or  unprofitable your work is will help you make better business decisions when  moving forward.

Manufacturing businesses aren’t the only companies that can benefit from job  costing:

-Interior Designers can track profit by customer project

-Road Construction companies can track actual profit vs estimate

-Plumbing contractors can track whether they are making or losing money on  each service call

-Law firms can track profit and loss per case

-Consultants can track profit and loss per consulting job

-Online business managers can track profit and loss by project -and more.

As you can see, job costing can be very useful for many types of businesses.  Figuring out the profitability of a specific project requires you to track  several pieces of information.

Information that’s used to determine job profitability. In order to properly  “cost” your jobs, you’ll need to have a way to track income and expenses for  separate projects. One other note: All costs related to a specific job are also  called “cost of goods sold”. My choice to track job costs is QuickBooks.

Here’s the information you want to track for each job:

-Labor cost- including time for employees and subcontractors; and any taxes,  insurance, and benefits you pay for this labor.

-Materials cost- parts, supplies, products used on the job

-Cost of equipment to get the job done- example: did you rent any equipment?  Also, figuring out a way to allocate the use of your own equipment on a job is  important.

-Mileage, travel, meals-this is all an important part of getting the job done  and needs to be carefully tracked

-Licenses, permits, etc-any extra licenses or permits that are required for  the job need to be tracked to the job

-other-ANY expense that is directly tied to the job is considered a job  expense.

The Job Cost Result

Now that you have a way to track expenses by job, you’ll be able to get a  summary at the end of each job or project that will look like this:

Total income for the job

MINUS

Total job expenses (from list above)

EQUALS

Job Profit or Job Loss

Job costing is extremely important for several reasons and helps you:

-keep up on the current pricing of each job cost item

-know if you’ve been overbilled by your vendors

-point out inefficiencies in the work process

-point to problems with subcontractors and employees

If you can’t figure out how to setup a job cost system that works for your  business, please contact a qualified professional (accountant, bookkeeper,  Certified QuickBooks Proadvisor) to help. The investment of time and money in  setting up a proper job costing system goes a long way in helping your business  be more profitable.

Article Source: http://EzineArticles.com/6458369

We have over 45 years of Accounting, Cost Accounting, Job Costing, 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 – we provide small business accounting, advisory and consulting services.

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

Visit our mobile website www.desmidtconsulting.mobi

Contact us www.desmidtconsulting.com/contactus.html

813-252-9490

Thank you,

Peter DeSmidt

 

How QuickBooks On The Cloud Helps It’s Users To Get The Maximum Use

By Tina S Smith

QuickBooks is an accounting application equipped with innumerable features to  give us a very convenient accounting operation. It has different editions to  fulfill the promises for different levels of accounting requirements. It has  multiple add-ons designed by Intuit and other third party vendors to make the  accounting program even more robust. Regular updates and releases from Intuit  always makes QuickBooks updated with latest changes across the accounting world  and respective government policies. The company runs many tutorial programs to  provide trainings about associated resources. There are many resources set up by  Intuit like: blogs, tutorials, forums and live supports to give QuickBooks users  more confidence as these resources becomes very helpful while they land in some  issues. They can easily get rid of by utilizing any of them.

While everything is setup correctly and effectively, QuickBooks still becomes  incomplete without giving it proper infrastructure to function. There are many  technical features in QuickBooks that works efficiently after getting the right  platform. And for small organizations, setting up and managing infrastructure  for QuickBooks becomes very difficult. So, to fill this gap, QuickBooks on the  cloud comes in the picture. It’s basically a setup of QuickBooks application  over cloud computing to get the benefits of cloud. As cloud computing is a  leading trend, it gives us many benefits to the QuickBooks users like: lowered  cost, high availability, access of resources over internet, improved performance  etc. To use QuickBooks on the cloud, it is not necessarily required to have our  own cloud computing infrastructure setup. We can use any third party application  hosting vendor called QuickBooks hosting provider.

While hosting our QuickBooks application with any hosting provider, we can  have many benefits. Cost is certainly a major factor and in cloud practices, we  only pay whatever we use. It helps us to reduce our monthly office expenses as  we don’t need to hire any professional and purchase any additional resources for  QuickBooks use. Resources over internet enables our hosted platform to be  connected from any part of the world. This improves the performance of our  accounting department. There are efficient backup practices with cloud computing  infrastructure that helps to get high availability.  As cloud computing consists  of a large pool of system resources, the performance is automatically increased  as per the current demand of our server.

Choosing a third party cloud is a very difficult job as there are many  providers posing them as the best. But it’s the practices that makes someone  reliable. Backup, 24X7 support, latest security measures are the aspects which  helps to make any provider as the best.

Article Source: http://EzineArticles.com/8205989

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.

Visit our mobile website http://www.desmidtconsulting.mobi

Contact us www.desmidtconsulting.com/contactus.html

813-252-9490

Thank you,

Peter DeSmidt, BA, MBA, PA

QuickBooks Certified Advanced ProAdvisor

Microsoft Certified Accounting Application Specialist

Microsoft Certified Installation Specialist