ACCOUNTING & SALES TAX

(Finan.Stmts/SalesTax/QBooks)

  • Understanding Financial Statements: This doesn't have to be a headache. We help you understand the raw materials from which your financial statements (P&L, Balance Sheet, CashFlow) are constructed, including invoices, deposits, accounts receivable and accounts payable, and much more. We help you make sense of the numbers that allow you to keep your business's financial health in check. 

  • Cashflow Issues & Solutions: Cash in the bank is necessary for a business to pay the bills. Careful planning and decision making can help prevent business failure. Your advisor can discuss with you potential financial pain points and how to avoid them. 

  • Understanding Accounting software for your business, specifically QuickBooks: Why QuickBooks?  It’s the #1 accounting software used by small businesses.

  • Sales Taxes: There are lots of different Sales Tax Rules depending upon your business, so we routinely offer training seminars with Kansas Department of Revenue presenters so you have access to the definitive experts on what you have to comply with (& just as importantly, there are some things you may be doing that you could do differently to save money!)

  • Putting the Numbers to use with Key Performance Indicators (KPI’s): You are tracking all this info about your business, but are you using those numbers to help you operate better?  Many times the answer is no, let your Kansas SBDC Advisor help you use those numbers for Projecting/Budgeting and Goal Setting for your business to help lessen some of the “negative surprises” that can occur when running a business.

Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.