¿que es bookkeeping?

man writing in notebookdo you think it matters?

by ed mendlowitz
call me before you do anything: the art of accounting

nobody knows bookkeeping anymore.

more: boosting a fixed fee substantially | value pricing in uncharted waters | advising cheapskates | why you’re only as good as your staff | why we train on excel, word and adobe | stop pricing by the hour | getting by giving back | growing with a client

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bookkeeping is done by every business, but it often seems completely automated. the transactions flow to where they need to, generating sales reports and backup schedules, financial statements, bank reconciliations, invoices and automatic bill payment. but no one seems to understand how this is done and the significance. question: does this matter?
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boosting a fixed fee substantially

more work = more pay.

by ed mendlowitz
call me before you do anything: the art of accounting

most of my clients, large and small, have always been on fixed annual fees, payable monthly.

more: value pricing in uncharted waters | testifying before congress | underpaying others hurts you, too | my top 10 personal game changers | yes, christopher columbus had an accountant | 10 reasons for my success | when the kids don’t want to take over | staff may surprise you with leadership
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some also allowed for year-end adjustments based on time charges. at the end of each year we usually increased the fees across the board by 5 to 10 percent, depending on circumstances.
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nine keys to success and growth

put them to work for you.

by ed mendlowitz
tax season opportunity guide

what is needed for growth and success?

more: what kind of accountant are you? | covid tests accountants’ entrepreneurial talents | help your clients and yourself | 9 overlooked tax season resources | what’s not to like about tax season? | do your clients feel important?
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all these elements are essential:
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value pricing in uncharted waters

businessman sitting on scales with stack of coins in other trayand when hourly billing and fixed fees make more sense.

by ed mendlowitz
call me before you do anything: the art of accounting

equitable is not the same as equivalent.

more: testifying before congress | creative ways to retain staff | what cpas can learn from lawyers and doctors | my top 10(ish) regrets | social security is an asset class | what’s your negotiating style? | how to make your own opportunities
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i use the word “equitable” because i have charged three completely different fees for the same result. “equitable” refers to the value delivered and charged to the client. but it’s not “equivalent.” and the difference can determine your pricing strategies.

with many accountants now working in uncharted waters helping clients get through the covid-19 crisis, the pricing question is especially important.
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what kind of accountant are you?

the six personalities that define you, your business, and your future.

by ed mendlowitz
tax season opportunity guide

is your practice satisfying?

more: covid tests accountants’ entrepreneurial talents | have you gotten where you wanted yet? | ask this before clients do | more services for your tax clients | can your reviewers answer these 10 questions?
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do you like it the way it is, or do you want it to develop and grow? some people like the way things are and don’t care about change.
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testifying before congress

this was a valuable experience.

by ed mendlowitz
call me before you do anything: the art of accounting

i testified two times before the house ways and means committee, in june 1980 and june 1985.

more: creative ways to retain staff | i am an accountant because of clients like stanley | advising cheapskates | getting bonuses from clients | be an accountant, not a salesperson for other things
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each time i was given five minutes to present my views. the first time i was shaking at least four of the five minutes. this was in the capitol and here i was testifying about what they should do.
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covid tests accountants’ entrepreneurial talents

young black woman sitting in front of laptop looking thoughtfulthree questions to re-set your mindset.

by ed mendlowitz
tax season opportunity guide

accountants and tax practitioners are entrepreneurs. maybe now, more than ever.

more: have you gotten where you wanted yet? | 3 questions for determining your value | 41 items to check on business tax returns | keep these tax clients while you have the chance | what makes a good tax season client?
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this means their practice needs to be run as a business with sound business decisions being made.

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the secret recipe for staff retention

group of four young professionalsmoney, satisfaction, and growth – plus the secret ingredient.

by ed mendlowitz
call me before you do anything: the art of accounting

i believe that cpa firms do best when they hire people out of school and train them. however, today we’re not going to talk about training or who to hire, but how to retain who you have.

more: i am an accountant because of clients like stanley | underpaying others hurts you, too | my top 10 personal game changers | yes, christopher columbus had an accountant | 10 reasons for my success | when the kids don’t want to take over | staff may surprise you with leadership
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

when i had my practice with peter weitsen and frank boutillette, before we merged with withum, at some point each staff person’s first job was with us and we trained them our way. we had a substantial investment in them and losing anyone would cause great inconvenience and cost to us. we wanted to make sure we had the greatest chance of retaining them.
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