by Bobbie Witt | Apr 23, 2019 | Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management, Home Page Blog, Profit First, tax tips
Churned monthly recurring revenue percentage (Churned MRR %) What is MRR? Churned MRR % looks at any decrease in MRR as a percentage of the whole MRR. The reduction in MRR can be an outcome of clients who decide they no longer need your services, from clients who...
by Bobbie Witt | Apr 22, 2019 | Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management, Home Page Blog, Profit First
Telephone Limitations Wait for the debtor to finish before you speak and avoid talking in between pauses. Avoid interrupting and the urge, even though your message is important. They may be trying to decide how to tell you the actual reason why payment hasn’t been...
by Bobbie Witt | Apr 15, 2019 | Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management, Home Page Blog, Profit First
PART 2 Effective phone tactics Here are ways to increase your chances of success: Call the debtor to see if they’re still in business and if there is a disagreement about the invoice. Many steps in the collection process must be skipped or rushed, if a debtor is out...
by Bobbie Witt | Mar 18, 2019 | Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management, Home Page Blog, Small Business, tax tips
Everywhere, accounting firms diligently protect their clients’ best financial interests through consultation, employment tax preparation, annual tax returns, balance sheet and P&L review, and company audits. Frequently, the issue of “accounts receivable” might...
by Bobbie Witt | Mar 4, 2019 | Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management, Home Page Blog, Profit First, Small Business
Every firm has varations as to what to share on the cloud, here is what many do:1. Email. Allows access to e-mail from different locations and devices at any need. 2. Data. Provides access to many users in different locations. Store information that is only used...
by Bobbie Witt | Feb 26, 2019 | Bookkeeping for Business, Bookkeeping for Law Firms, Bookkeeping for Property Management, Home Page Blog, tax tips
Presently the credit is offered only for 2018 and 2019 tax years. The business tax credit is for employers that offer paid medical and family leave under the new tax law; equal to percentage ranging from 12.5%-25% of wages paid to eligible employees while on medical...
