Where accounting makes "cents"

  It does feel like empathy and compassion are getting harder to come by, especially in the fast-paced world of social media and it's easy to become emotionally detached. Our brains can only handle so much, and constant exposure can lead to "compassion fatigue." Maybe the challenge now is learning how to slow down, engage more meaningfully, and remember there’s a real person on the other side of the conversation. Compassion might not be the first thing that comes to mind when you think about running an accounting business, but it’s actually a game-changer. At its core, accounting is about helping people — whether that’s a small business owner trying to stay afloat, a family planning for the future, or a corporation navigating complex finances. When you approach clients with empathy and compassion, you’re not just crunching numbers; you’re building trust and long-term relationships. 𝐌𝐨𝐧𝐞𝐲 𝐢𝐬 𝐞𝐦𝐨𝐭𝐢𝐨𝐧𝐚𝐥 - 𝐂𝐨𝐦𝐩𝐚𝐬𝐬𝐢𝐨𝐧 𝐟𝐨𝐬𝐭𝐞𝐫𝐬 𝐥𝐨𝐲𝐚𝐥𝐭𝐲 - ...

Recently I received this email from a newer client and it made me realize that what I do really matters. It's easy to forget the overall impact when I'm in the weeds but correctly stated financial reports exceedingly important to business owners. 𝐓𝐡𝐞 𝐏𝐨𝐰𝐞𝐫 𝐨𝐟 𝐀𝐜𝐜𝐮𝐫𝐚𝐭𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭𝐬.. It might not seem like a big deal at first, but for business owners, this can make all the difference. ✅ For the business owner: It means confidence in their numbers, easier decision-making, and a smoother tax season with fewer surprises. ✅ For the tax preparer: It means efficiency, accuracy, and the ability to maximize deductions without wasting time sorting through messy books. Accurate financials aren't just numbers on a page—they’re the foundation for growth, compliance, and peace of mind. A big shout-out to those business owners who prioritize keeping their books in order—your future self (and your tax preparer) will thank you! If you need help, ...

In construction margins can mean the difference between working for free or making sure the costs are covered.. So what's the difference? Margin represent the amount added to the cost price to arrive at the selling price making sure that costs are covered. Calculate Margin by (Selling Price-Cost Price) / Cost Price Markup represents the profit as a percentage of the selling price used to assess profitability and financial health. Calculate Markup by (Selling Price-Cost Price) / Selling Price How much revenue do you have left after subtracting Cost of Goods Sold? hashtag # accountant hashtag # accounting hashtag # quickbooks hashtag # quickbooksonline hashtag # jobcost hashtag # costaccountant hashtag # costing hashtag # margin hashtag # markup hashtag # generalcontractor hashtag # construction hashtag # consultant hashtag # jobcostaccountant hashtag # outsourcedaccountant hashtag # womeninconstruction hashtag # palmbeachaccountant hashtag # forensincaccountant