Your Accounting Software Should be a
probably heard the song, "Love is a many-splendored thing."
Well, your company's accounting software should be, too.
That is, you've got to make sure
your system does all of the big and little things necessary to
efficiently and accurately track your financials.
not only about revenue
Annual revenue doesn't always dictate what software you should
acquire. Some $50 million a year businesses will do just fine
using a less expensive accounting software package, while some
$5 million businesses will require a much higher end product.
The key is to thoroughly review your accounting processes,
tax-reporting requirements, transaction volumes, staff's
abilities and management reporting needs.
future matters as much as the present
Another important factor: your company's growth rate. If
you're growing 20% or more per year, you must have an
accounting package that can grow with you. Otherwise,
converting to a new accounting system every couple of years
will be a painful and expensive process.
users matter the most
You'll never get maximum value out of accounting software that
your employees can't fully use. Better systems provide
on-screen tutorials that walk users through a sample company's
transactions and offer prompts for completing certain tasks.
Extensive help should be available on-screen as well as via a
24-7 phone number. Some providers even provide support through
not just tracking, you're analyzing
The system should allow you to readily generate monthly and
annual accounting reports. This means being able to easily
record and access bank reconciliations, recurring
transactions, and aging of accounts payable and scheduling of
payments. A better package will customize reports that include
instant unadjusted trial balances, income statements, balance
sheets, cash flow statements, statements of retained earnings
second opinion is always helpful
So do you love your current accounting system? If you can't
say "yes" unequivocally, give us a call. We can review your
existing functionalities and make recommendations regarding
whether and how you should upgrade. Call us at
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA; and Pablo Blanco who has
recently joined SMEED and comes with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using
YELP and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
or on our YELP local listing
click here to go to our Google Listing for SMEED CPA and
click on the
YELP link to go there.
Scroll down to the Review area.
On either site it may say: Been here?
Rate and review
You will click on the Rate and
review link and then log in, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA,
Managing Partner, SMEED CPA,