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What is Data Analysis?
Many small businesses use QuickBooks reports to make significant business decisions without any reasonable confidence in the accuracy of their QuickBooks data. When working with small businesses, we often find errors in their files that cause critical balances like cash, Accounts Receivable, Accounts Payable, Income, Cost and Expenses to be significantly incorrect. When these QuickBooks users attempt to make decisions based on this information, they put their businesses at risk. You must know both your financial position and your financial performance to take your business to its next level. |
Using our data file analysis procedures, we locate data entry errors and data file setup errors that cause your QuickBooks reports to be inaccurate. When we locate problems with your data file, we provide you with a data file analysis report detailing our findings. This gives you the opportunity to make the corrections.
By taking this approach, we offer analysis services on a monthly or quarterly frequency to help meet your budget. Though we do sometimes make some of the corrections for you as a separate engagement, our preference is to minimize our work which keeps our fees reasonable.
By helping you to correct mistakes with your data, we are gradually "working our way out of a job." Over time, your company will make fewer and fewer mistakes, allowing us to reduce the frequency of the analyses to a semi-annual schedule. Saving you money! |
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At DEBORAH HROCH & ASSOCIATES, L.L.C., We view regular data file analysis to be as important as any other business expense you incur, including utilities, computer expenses and tax preparation expenses. Correct and timely financial information is not a want or a business luxury. In our opinion it is very much a need. If you will test us by scheduling a one time data file analysis, I have no doubt you will see the value. In all of our years of QuickBooks consulting experience, no professional at DEBORAH HROCH & ASSOCIATES, L.L.C. has ever conducted a data file analysis without finding at least a few significant setup or data entry errors. If your file has never been analyzed, you probably have more than a few errors with which to contend.
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