The Driven Compass provides business consulting and management services including bookkeeping for small businesses. Their mission is to help streamline business processes through services like bookkeeping to allow businesses to grow. They offer bookkeeping services that include accounts payable, accounts receivable, bank reconciliation, and financial reporting to take the task off the shoulders of business owners and ensure accurate financial records.
My desire to devise exceptional solutions to stimulating challenges and proficiently create products exceeding customers’ expectations is why I love what I do and why I excel at it. My commitment to deliver success provides value and advantages to those who depend on me.
My desire to devise exceptional solutions to stimulating challenges and proficiently create products exceeding customers’ expectations is why I love what I do and why I excel at it. My commitment to deliver success provides value and advantages to those who depend on me.
Cartel diseñado para el comercio "Zona Digital" de acuerdo a las especificaciones del cliente y en relación a los productos comercializados en el rubro informática.
Nomersbiz Provides Best Accounting Services For Small Business In London NomersBiz
We offers a wide range of Accounting & Taxation services for startups such as Set up a payroll scheme, Corporation tax preparation, Business formation Services in London.
Cartel diseñado para el comercio "Zona Digital" de acuerdo a las especificaciones del cliente y en relación a los productos comercializados en el rubro informática.
Nomersbiz Provides Best Accounting Services For Small Business In London NomersBiz
We offers a wide range of Accounting & Taxation services for startups such as Set up a payroll scheme, Corporation tax preparation, Business formation Services in London.
We are Qualified Accountants and Registered Tax Agents based in Gungahlin Town Centre, Canberra. We aim to be a trusted advisor and build long lasting relationships with our clients through trust, integrity, transparency, meeting their expectations and to help them achieve their financial goals.
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The Importance of Financial Management Tools for Aged Care
It is critical to understand that increasing financial success is not just for large aged care organizations.
According to the Australian Government Aged Care Financing Authority's 2015 report on Factors Influencing the Financial Performance of Residential Aged Care Providers, a significant portion of the industry can achieve better financial results. Stronger governance, better financial management, better asset management, and administrative efficiencies can all lead to such improvements.
The report's key findings summarised that, in most cases, providers with any combination of size, location, ownership, and resident care profile can achieve an effective level of financial performance.
Essentially, organizations with strong disciplined management are more likely to achieve higher financial performance.
Important aged care financial management functionality
When it comes to financial management tools, there is a lot to consider, and regardless of which application your organization uses, it is critical to determine which functionality best meets your needs.
Here is a summary of some of the valuable elements of the Epicor Financial Management platform, broken down into four key pillars, to help discuss financial management functionality that could help your business.
The General Ledger
General Ledger (GL) is central to financial management. While other departments in your organization are unlikely to have access to the GL, its impact is widespread.
It is therefore critical that your aged care software has a strong GL to enable accounting controls and system security and ensure the integrity of your financial data.
For example, to operate efficiently and effectively, your aged care software should be able to do the following:
1. Through multiple book functionality, you can enable flexible financial accounting representations.
2. Create a chart of accounts for each book.
3. Post transactions to multiple accounts in multiple books at the same time.
4. Post entries for any period in the current, following, or succeeding years.
5. Without manual entry, automate the allocation of funds across multiple accounts.
6. Define the frequency with which account balances are captured and stored.
7. Consolidate data from various books and/or companies.
Get in touch today and get books of accounts sorted for your aged care business.
Similar to Driven Compass Bookkeeping One Sheet (20)
AGED CARE BOOKKEEPING AND ACCOUNTING | MERU ACCOUNTING
Driven Compass Bookkeeping One Sheet
1. Take Control of your Business
Welcome to The Driven Compass, LLC.....
We are an independent small company providing business consulting and management services.
Our mission is to help small businesses streamline and maintain ef�icient business processes to allow
them to grow and prosper. One of the many services we provide is small business bookkeeping.
Is the daily grind of paperwork causing you stess and keeping you or other employees from other
Why Outsource Bookkeeping?
tasks that can grow your business? Let us help you sort, organize and handle all the paperwork that
can pile up, even with a small business.
Does bookkeeping come at the end of the day after all tasks are completed? Handling your own
bookkeeping after a full day of work is exhausting and often leads to mistakes. Let us take this task
off your shoulders and get the work done right the �irst time.
Good �inancial records put you in control of your business. It allows you to react quickly to business
challenges and trends to build revenue and decrease expenses.
Accounts Payable Monthly Financial Reports
Our Services Include:
Accounts Receivable Liaison with CPA
Bank & Credit Card Reconciliation Sales Tax Reporting
Bookkeeping Consulting / Training New Business Set-up
We offer FREE consultations and all services are completely customizable to the needs of your
business. We work hand-in-hand with your CPA as your business partner and liaison to ensure
that your books are processed accurately and ef�iciently, all while saving you money!
Phone 703-431-2990
Fax 800-611-3967
danaeddy@thedrivencompass.com
www.thedrivencompass.com
