Implement
Implementation is the first step when you choose CharCouting as your partner. Whether you're managing your finances with QuickBooks, Sage, Xero, or Spreadsheets. We'll create a plan and work with your team a strong foundation.
1
Information Gathering
Once you choose Charcounting as your partner, the first step is to gather business-related documents and review them with you. Commonly we review:
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Financial Statements
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Bank Statements
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Loans
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Fixed Assets and Depreciation Schedules
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Job Reports
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Payroll Reports
2
Process Review
Next, we review your current processes and procedures. We want to ensure effective controls are in place and identify streamlining opportunities. We review the following process:
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Accounts Receivable (AR)
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Accounts Payable (AP)
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Purchasing
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Job Costing & Work-in-Progress (WIP)
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Duties and Approvals
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Reconciliation
3
Data Clean Up
In the data clean-up phase, we'll work with you and your team to clean up data in your financial systems and ensure the data in your systems are accurate. The data points we review are:
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General Ledger
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Accounts Payable (AP)
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Accounts Receivable (AR)
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Fixed Assets & Depreciation Schedules
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Payroll Tax filings and payments
4
System Set Up
It is critical to have an accurate and consistent financial platform to manage your finances. CharCount uses best practices to achieve financial success. The areas we'll help you are:
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AP Workflow
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Minimization of Licensing Costs
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Third(3rd) Party Integrations
