We are all guilty of postponing important tasks at one time or another such as an important deadline that must be met or even an every task such as doing laundry or cleaning the dishes. When it comes to finances, have you promised yourself that you would convert to new accounting software in 2017?
Don’t Fall Behind
Your banking consultant, bookkeeper or accountant may be encouraging you to update your software so that it will be easier to manage jobs or implement a new inventory program. One of the major benefits is that you will know where you stand any day of the week. You can take the guesswork out of knowing the numbers by working with Xendoo and making it simpler to create a budget, reduce overdrafts, or forecast cash flows. In fact, you might be able to take that vacation you have been dreaming about.
At Xendoo, we have experts that can help you realize your financial goals. If the thought of changing your current system sounds overwhelming, you can contact one of our experts who can assist you with your business requirements and explain the process of updating your system.
Once your financial information is updated, you can go back and view transactions from last year or as far back as you need to go. Before you implement any new process or software, you need to do the following:
- Take stock of what you have on hand
- Look at purchase bills
- Open all sales invoices
A Perfect Time For Housecleaning
When you have business for many years, it is quite common to have old accounts and business associates that you may have lost contact with. Implementing a new system and software is a perfect time to clean house and organize your business to optimum levels.
Action Plan Questions
- What areas of your business are you currently have trouble with?
- What would you like to improve?
- Who, among your staff, do you trust?
- Is there anything you still need to learn about your business?
- Is financing required to achieve your new business goals?
- Would you consider bringing in outside experts to help your staff and business?
- Do you have a plan in place for selling your business?
- Are you able to go on vacation and have your business continue to run without you?
Whatever your business goals are, there is never a better time to consider Xendoo to help you reach the next level in your business, get organized, and achieve greater success. Converting to new accounting software may sound overwhelming and a tremendous undertaking, but the experts at Xendoo are here to help make a smooth transition that will lead to better organization and smoother operations. Are you ready for a new year?