Exactly. You have to reconcile all the balance sheet accounts. I once looked at all my clients P&L and they were all trending positive. I could not really pin point what happened why the P&L got so much better. Now, I am thinking some of it could be - I started reconciling all their balance sheet accounts and asking more questions... This does work
Don't. Be. Lazy! Working as a friend's bookkeeper, I got SO lazy about logging the receipts in one year. Lo & behold, when I had to go back through & clean up my own work, I didn't have what I needed & couldn't get them due to an office fire. That's the biggest lesson I learned this year & reiterating that to our clientele is crucial!
Wondering how successful I can be at this being very but willing to learn. I am currently working as a CDL truck driver and looking to get out of the industry. I'd have to replace my six figure income to go with this full time. Any suggestions (I signed up for the waiting list for the phone call) as to how long it takes to make that kind of money. I hate driving truck...lol
Very insightful discussion. Looking forward to more of Paul's input throughout the course. He is a natural educator.
Exactly. You have to reconcile all the balance sheet accounts. I once looked at all my clients P&L and they were all trending positive. I could not really pin point what happened why the P&L got so much better. Now, I am thinking some of it could be - I started reconciling all their balance sheet accounts and asking more questions... This does work
Don't. Be. Lazy!
Working as a friend's bookkeeper, I got SO lazy about logging the receipts in one year. Lo & behold, when I had to go back through & clean up my own work, I didn't have what I needed & couldn't get them due to an office fire. That's the biggest lesson I learned this year & reiterating that to our clientele is crucial!
Thank you for taking time to share from the tax preparer point of view! I’m always looking for ways to grow as a bookkeeper.
A much more refreshing conversation with him than Andrew. I see why he's a teacher.
Great information, I Can't wait for the upcoming class!
I enjoy these series
Very Helpful video
Wondering how successful I can be at this being very but willing to learn. I am currently working as a CDL truck driver and looking to get out of the industry. I'd have to replace my six figure income to go with this full time. Any suggestions (I signed up for the waiting list for the phone call) as to how long it takes to make that kind of money. I hate driving truck...lol
Good Discussion