What Accounting System are you Using?
Entrepreneurs, if you are in the restaurant business I hope you have incorporated an accounting system to support you with your day to day activity. Sustainability may not seem possible without one. This industry is exciting but yet it comes with a fast environment which can be overwhelming. What are your secrets to making it all work? Do you understand your finances and what your monthly expenses mean for your business?
After reading Xero.com ( a software I have not used), I found the below five tips useful for all entrepreneurs in this industry.
If you happen to not have an accounting software and need support with reconciling and maintaining your financial records, Fontenot & Associates Solutions is here to help. It is critical to have your accounts reconciled prior to entering this information into your accounting system because "trash in - is trash out".
If opportunity doesn't knock, build a door." - Milton Berle
Hello, I'm Terra the Founder and Marketing Director of Fontenot & Associates Solutions. Thank you for joining my Accounting world. Our blog's purpose is to teach with the determination of closing industry and accounting process gaps that knowingly exist with our uniquely designed detailed procedures and trainings.
My mission is to offer the best accounting results for all companies seeking to close their process gaps with actual solutions. With my Bachelors and Masters Degree in Accounting, I strive for continuous development and professional growth in this profession. My professional career has been in the Oil & Gas industry for nearly the past 10 years but my business focus is to support and train accounting professionals in all industries.