Poised
for growth? Then you'll need profit
centers
Your shop may be small now-but it's not always going to be
that way, is it? Or maybe you're already
big...
ACCOUNTING
Q&A
What's the difference between media estimates and media
plans? Get answers to this and other important questions,
along with some guaranteed
great ideas.
THE
AGENCY SCORECARD
Two financial reports that keep you in the game
Accounting periods, gross profit, assets, and retained
earnings are all here in these two reports: The Income
Statement and Balance Sheet.
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Accounting
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By Mindy
Williams
There's nothing worse than playing the
game but not knowing the score. How can you measure your
agency without knowing where it's been? How easy is it to
compare financials? Not easy -- but it should be!
How many different spreadsheets do you have tracking what's
going on? Do you spend a lot of time updating them to
reflect what's happened during the week? Or maybe you only
manage to update your spreadsheets once a month, at the end
of the month, so you can do the month-end close. That's
really too late to respond to issues that needed addressing
as they happened.
How can you be proactive with your spreadsheets in one
place, General Ledger in another place, production people
updating schedules in their own calendar software, and
accounting people entering A/P and cutting checks from their
bookkeeping software? Can't we all just get along ...
together?
Analysis and accountability -- all in one
Whether you're still using a manual system or six different
software to do the work of one, you know what you need. The
answer is an integrated database; one software that
seamlessly unites job accounting, analysis, and
accountability with estimating, scheduling, and billing.
Where do these different elements combine to produce
detailed and meaningful reporting for all departments? In
only one software, Clients & Profits.
Clients & Profits software is designed to replace your
existing accounting systems, including manual ones. It is a
complete and sophisticated accounting software that does
everything you need to do -- whether you're the A/P clerk or
the CFO.
Everyone shares the database from their own computer, which
means Accounting can keep their PCs and Production can keep
their Macs. It also means that AEs can look up costs on
their own jobs and the owner can get the Cash Flash report
every hour without having to track down the CFO or Traffic
Manager.
Continued on the next
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WILD ABOUT WORK IN PROCESS
Work in process is the
financial manager's way to balance out the peaks and valleys
in a company's income statements...
Accounting
periods:
They're locked, but you have
the key
How do you control each
transaction that affects your General Ledger?
more
THE
DAILY CASH FLASH IS A CONTROLLER'S FRIEND
Cash is the lifeblood
that keeps the doors open and the business running...
Spies? Well, your
shop probably doesn't have spies. But every business has
it's share of nosy
staffers
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