Consulting and Accounting for QuickBooks

You are a successful business person with hundreds of concerns. Madeline Bailey offers support in every aspect of financial management including accounting, bookkeeping, financial reporting, technical, software, and office systems management. .

Ms. Bailey is an Advanced Certified QuickBooks Professional Advisor, QuickBooks Enterprise Certified and Advanced QuickBooks Oline Certified. She helps her clients manage millons of dollars. She trains clients on every year, version and edition of QuickBooks Software for the PC, Mac, and Online. In addition, she offers on-going accounting management services (beyond bookkeeping).

You want accurate information. Whether Ms. Bailey is training you, your bookkeeper, or actually performing the work, her services focus on making your financial information crystal clear to you. She empowers her clients to make better business decisions by enhanced access to their information. As one client said, "Once you make these improvements, there is growth."

Is your bookkeeping system a reflection of your business? You have developed a successful business model that has boosted you to your current position. However, too often the accounting system does not accurately reflect your business model. In consultation, Ms. Bailey will listen to how you do business and show you how to customize and simplfy your use of QuickBooks by guiding you in setting up your chart of accounts correctly to reflect GAAP standard accounting practices and your specific business questions. Ms. Bailey will teach you precisely what you want to know to make QuickBooks easier to manage, and your business more prosperous than it is today. Unlike a class or a seminar, she schedules sessions at your place of business. She works exclusively as a consultant, scheduling one client per afternoon, at your place of business, or by remote access. Her minimum is 4 hours. Please contact Intuit's tech support for the answer to a single question.

You want to be protected from fraud. You have invested your money and good name into capitalizing your business. You expect the people you hire to be well-qualified, and treat you with respect. But based on the report from the ACFE 2008 Report to the Nation on Occupational Fraud and Abuse, www.acfe.com, small businesses — defined as those with less than 100 employees — suffered both a greater percentage of frauds (38%) and a higher median loss ($200,000) than their larger counterparts. A good first step to understanding why fraud is committed is to study the fraud triangle, created by famed criminologist Donald Cressey. Each side of the triangle is an element of fraud — opportunity, motivation, and rationalization. The fraud triangle explains why fraud occurs more often with high income earners and their bookkeepers. Once client who was both a high income earner but functionally illiterate was frauded by 100% of his bookkeepers and tax advisors before Ms. Bailey took over the accounting. People saw his life as an open cash drawer with lots of money. Being trustworthy is a soul thing for Madeline. She will help protect you from fraud by setting up user privileges, creating internal controls, and empowering you to read your financial reports. On a lighter note, most clients says it's government taxes they need protection from the most!

You want financial reports at the touch of a button. Instead of financial reports that make no sense to you, Madeline can set you up with meaningful professional reports. Your reports will satisfy you, as well as your tax preparer, loan officer, plus every financial advisor and institution. A reconciliation of your income and expenses creates the first important report, a Profit and Loss Report—the indispensable bottom line. Recording what you own, what you owe, and your investment into the business produces a Balance Sheet—a statement of the net worth. In addition, Madeline can setup and memorize many reports in QuickBooks: Open Invoices, Income by Sales Rep, Sales by Customer, Aging Receivables, Expenses by Vendor, and so on. You can compare reports from past periods or years to give you the clearest picture of your company's growth and future.

How can you systematically improve profitability? Do you think sloppy accounting is costing your business? Here is a road map of all the ways you can lose or gain money through your bookkeeping. Designed by the people who teach the Profit Mastery Seminar, feel free to download this sample: ProfitGuard Road Map. Ms. Bailey will provide your business with on-going bookkeeping, monthly, quarterly, or annual auditing, QuickBooks clean up, and B&O tax preparation. Together we can systematically improve your business profitability until you meet your expectations for financial success!

You can improve your profitability with financial analysis. How much money are you spending in different areas? Which income streams are generating the most revenue? How much are your assets worth? What is your best and worst debt? What financial issues concern you most — sales growth, inventory, or how you can improve profit? Madeline will go through your financial reports with you so that you can address these and any other financial issues you want in a consulting session. If you're interested in a deeper dive, she will provide you with clear interpretations of the financial ratios, and well as more advanced reports, now that QuickBooks finally offers a report writer worth the cost and time it takes to generate interesting analytic reports. That sounds enlightening!

Do you need other financial advisors? Financial advisors are indispensable. With sterling financial reports, your advisors can work at their top level of expertise — offering you the best advice possible advice in tax preparation, loans, business structuring, business plan writing, the sale of your business, and overall financial planning. The essence of successful business management is knowing precisely where you stand and how far you can extend yourself. You've done well with the information access you've had so far, but Ms. Bailey can enhance your success. You will be able to leverage knowledge into profit.

It pays to know exactly what is going on and have power over every aspect of your business.

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