When a business has to
make a decision based on incomplete and incorrect accounting
data, then the decision would in most cases will not be the
best. Decision making is more a guess work when there is
insufficient accounting data.
What is important is that
an accounting system is able to provide the required data at
the right time and be able to generate reports for the
management to help with decision making. Many times these
reports themselves act as an instigator of a decision. Monthly
management accounts when prepared and submitted to management
providing valid and sufficient data become a powerful tool in
the hands of the management.
To be able to achieve what
is desired out of an accounting system, discipline is a must
and firstly a proper system must exist or must be designed and
set up. This would depend on the business and will vary from
case to case.
We offer the following
services
-
Design Chart of Accounts
-
Filing system
-
Workflow design
In effect we will design
or redesign the entire accounting system.
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