Entries in Record-keeping (1)

Wednesday
Jan302013

Want to make better decisions? Start with better record-keeping.

Want to make better decisions? Start with better record-keeping.

Like most producers, finding new ways to improve your margin is at the top of your to-do list. Where do you begin? Start with your books – and better record-keeping. 

Ask any accountant and you’ll find that your financial statements can reveal the strengths and weaknesses of your operation. But those reports are only as good as the records you keep. To get an accurate picture of your business, sharpen your record keeping habits: 

  • organize financial information
  • capture data when it’s fresh
  • file records promptly
  • use financial management software

As long as you capture data when it’s fresh, you’ll be able to generate accurate Operational reports like Income and Expense, CCA Schedule, Loan report, Inventory report, and Operational Benchmarking reports.

These reports will help you make better decisions, leading to time savings, quicker access to information, more efficiency, and:

  • sense of direction
  • peace of mind
  • cost savings
  • personal validation
  • positive business relationships

Learn more with this webinar featuring Karen Wright from KDW Consulting Services Inc.

Questions? Get answers and share your comments with other software users on our Discussion Boards or search the Knowledge Base. Plus, our FCC Management Software support staff is always just a click away.