BudgetEase Blog - Making YOU Profitable™

Does Your Chart of Accounts Need to be Restructured?

Do you ever look at your financial information and can’t quickly see the story it is telling you. Maybe your Chart of Accounts (COA) needs some housekeeping. Like a hoarder some COA collect old information that needs to be cleared away. There can be several reasons for a business to change its COA. It could be that your business has changed or perhaps there are problems in the original design of your COA. Your r eports may not produce the information that your organization needs to properly run the business or meet tax and regulatory needs.

How Do I Make Depositing Money Easier?

Most people don’t think about the mechanics of making a bank deposit. You just go to the bank, fill out a form and hand it to them, right? Well, not so fast. Banks aren’t perfect and make mistakes. Plus, the world of banking is changing.