Year End planning can be the difference in a good year and a great year for you and your clients. Reconciling, expense management and documentation, tax filing and all of the other parts of your business that impact your year are all points for certain for accountants and bookkeepers. There are tools and methods you can use to streamline the process. Some tools are automated, some are manual and some simply require the right people to manage and implement. Ultimately, however, the struggle is with gathering the right data, preparing the data and filling out the forms all within a very tight and defined deadline. CLICK HERE TO REGISTER
Joe Woodard will lead the discussion on December 14 at 1:00 Eastern with industry professionals while they discuss 5 Ways to Improve Workflow at Year End. Key take away's from the event will be:
1. Data Accuracy and Integrity – How to get the right data (for example, getting W-9s and other source documents), deciding who should get a 1099, best ways to make sure your client has this data.
2. Data Gathering – identify with each client how you will get this data? What automation tools will you use to gather this information?
3. Using Quickbooks – What are the anomalies of the various versions of QB and how 1099s are processed.
4. Outsourcing – Factors to consider when choosing a partner. Should you outsource 100% of your processing or should you use a hybrid approach of some paper and some electronic?
5. After the fact – What does your client want in return (for example -PDF copies), what types of records should they keep? What about corrections? How are you going to securely share this info?
Join our web seminar on December 14 with industry leading professionals to learn how your workflow, including the tools you use, can greatly impact your year-end and coming tax season. Dawn Brolin, Joe Woodard, Rick Roddis and Rebecca Brocard-Santiago will discuss the trends, tools and ways to set yourself up for a successful year-end and tax season.