Wednesday, 30 October 2019

Personality Traits of a Great Accountant!

It is surprising to know about the personality traits of an accountant, as they are quite different from what you’d expect. This blog has a list of all such traits that you might find interesting when attached to the personality of an accountant for great business accounting San Antonio.
accounting firm San Antonio

Have a look:

Personality traits of successful accountants are as follows:

1. They are attracted to puzzles:
A great accountant will always enjoy piecing together jigsaw puzzles. It might even include figuring out riddles. Whether it is about conducting an audit, or it’s just working through corporate taxes, or even about figuring out the right way of handling a given transaction, all accountants are doing, is solving puzzles.

2. They are good at explaining exceptionally complicated concepts in simpler ways:
Accountants have a personality trait where they are very well able to succinctly summarize as well as communicate really complex ideas into simpler and easier-to-understand language. This is how the clients always understand how their money is being handled by their accountant. 

3. They prefer to work in teams:
For justifying this trait, you need to understand that accounting is a team sport. Therefore, all the accountants, at least the great ones, almost always like to work in teams. It gives them more exposure to new ideas as well as already existing knowledge. 

4. Their persistence never dies:
Yes, accountants are known to keep looking until the moment when they finally have the answer. There are many times when the first place they look doesn’t have the answer for them. However, even if takes spending hours on the Internet or elsewhere to track down facts as well as data, they will do it. All this, just to get to the right answer. 

5. They’re inclined to learn about new people, things and places:
Accountants usually have a tendency, which makes them curious and eventually explore a new place, person or thing in the first go. Life as an accountant is one filled with learning new things. These can be the ins and outs of new clients, new cases and so much more.

Apart from these 5 prominent personality traits, accountants have many more exciting ones. To find out all about them, you can sit and chat with a real accountant. Maybe you’ll be able to spot more of them.

To know more about accountants, their work life, and their personality traits get in touch with Uhlenbrock CPA - the best accounting firm in San Antonio at 210-701-1040.

Monday, 21 October 2019

What is Number One Secret Key to Simple Bookkeeping?

When you think about bookkeeping in San Antonio, or anywhere else you might think of the process, why it’s crucial, and most importantly how complex it is. Yes, bookkeeping is popular to be a complex process. However, it has the scope of becoming simplified. This is possible when you know the secret to simple bookkeeping. 
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 Consider yourself very lucky about the fact that you landed here, on this blog, because it is going to reveal that secret key to you right away!

The secret to simple bookkeeping: Say ONE to everything!

Curious? Dive right in!

Simply say ONE to all of the following questions:

1. What is the number of bank accounts that you need? 
Answer: ONE. 
When it comes to a small business, you do not need three new accounts like checking, payroll, and savings. What you absolutely need is a checking account and decide to leave everything else alone.

2. What is the number of employees that should get a debit card? 
Answer: ONE. 
Yes, only one. Who, you wonder? Oh, it’s you. Simply understand that debit cards pull cash from the account instantly. This is why it is too difficult to keep track of the balance. If you were to pass debit cards out to your staff, you’d lose complete control of your account. This would lead to unknown balances, eventually leading to much higher fees as well as bounced checks.

3. What is the number of credit card accounts that you’d want? 
Answer: ONE.
It’s important to understand that each of the credit cards comes with a paper statement, a password, a website, a credit limit, a cash advance password, along with its own fees as well as payment date. So, even if you take two, you would have way too much to keep track of. Keeping your business expenses on ONE credit card is one of the smartest things you can do, so you will be able to know what the payment date is and will be able to track everything in one place.

Your answer to questions like the number of days in a week for writing checks and the number of people having check-writing authority should also be ONE.

Therefore, when it comes to bookkeeping in San Antonio, or anywhere else, the secret key to simple bookkeeping remains number ONE!

Apply this secret key “ONE” and see the changes for yourself! Happy simple bookkeeping to your small business!

To know more about bookkeeping, get in touch with Uhlenbrock CPA at 210-701-1040.